Startups have enjoyed a phenomenal decade. The confluence of low interest rates and flat costs enabled a thousand $1 billion flowers to bloom.
To start off 2022, inflation has surged to multidecade highs. Meanwhile, the Fed hasn’t minced words in declaring its intent to raise interest rates. The market’s swift response: Valuation multiples in the public markets have contracted more than 50%. What do these omens bode for Startupland?