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.

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Startup Therapy Podcast 
https://www.startups.com/community/startup-therapy
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https://www.startups.com/begin
LinkedIn 
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Wil Schroter
https://www.linkedin.com/in/wilschroter/
Ryan Rutan
https://www.linkedin.com/in/ryan-rutan/

What to Listen For
00:08 The Silent Recession in Startup Land
00:38 The Reality of Founders' Struggles
02:25 Economic Indicators vs. Founders' Experiences
04:39 The COVID-19 Economic Magic Trick
06:03 The Shift in Startup Funding Dynamics
11:15 The Onset of Economic Challenges
12:20 The Impact on Startup Operations
16:14 VCs Halt Investments
16:50 Impact on Startups
17:35 IPO Implosions
18:20 VCs' Strategic Pause
19:56 The Domino Effect
22:56 Navigating the Downturn
27:39 Survival Strategies
31:37 Looking Ahead
33:07 Join the Startups.com Community