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Bloomberg Businessweek

Tech's high-flying startup scene gets a crushing reality check

8 mins | May 23, 2022
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Are the good times over for Silicon Valley? For the first time in more than a decade, the high-flying tech industry doesn’t seem to be immune from the pain hitting other parts of the economy. Lizette Chapman explores how job cuts and a sour investment climate are hitting big companies like Stripe and Instacart, and may slam smaller ones as damage spreads.
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