In this episode we discuss the current state of the startup ecosystem, which they describe as a 'silent recession.' Despite economic indicators suggesting otherwise, many startup founders are struggling with reduced capital flow and stagnating customer acquisition. The episode delves into the effects of the economic downturn on startups, the impact of investor behavior, and the historical context leading up to the current situation. Ryan and Will emphasize the importance of resetting expectations, adopting a survival mindset, and making tough decisions to ensure longevity in this challenging environment. While this period is difficult, there is always light at the end of the tunnel for those who can weather the storm.Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources:Startup Therapy Podcast https://www.startups.com/community/startup-therapyWebsitehttps://www.startups.com/beginLinkedIn https://www.linkedin.com/company/startups-co/Join our Network of Top Founders Wil Schroterhttps://www.linkedin.com/in/wilschroter/Ryan Rutanhttps://www.linkedin.com/in/ryan-rutan/What to Listen For00:08 The Silent Recession in Startup Land00:38 The Reality of Founders' Struggles02:25 Economic Indicators vs. Founders' Experiences04:39 The COVID-19 Economic Magic Trick06:03 The Shift in Startup Funding Dynamics11:15 The Onset of Economic Challenges12:20 The Impact on Startup Operations16:14 VCs Halt Investments16:50 Impact on Startups17:35 IPO Implosions18:20 VCs' Strategic Pause19:56 The Domino Effect22:56 Navigating the Downturn27:39 Survival Strategies31:37 Looking Ahead33:07 Join the Startups.com Community

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