Is the 2023 Investment Winter Here for Real?

The main manifestation of the investment winter is the reduction in new job openings, an increase in layoffs, and a rise in the unemployment rate. Another sign is that venture capital funds are now suing startup founders for fraud and seeking to put them in prison. During periods of funding frenzies, investors would team up with founders to stage a double act, scamming the next sucker into taking a bag. Now, they’re filing lawsuits because there are no takers left, so they have to figure out how to cover their own losses.

Tiger Management Apologizes to LPs: We Lost Money

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