The recent slowdown in venture funding has shifted the way founders are approaching VCs and vice versa. Deal flow has slowed dramatically and VCs are being especially mindful around what investments they choose to make and why.

Only a few months ago, founders were raising at a frantic pace (and spending that way too). Now, the focus has shifted from growth to preservation, and funding is being used to shore up balance sheets and extend runways for at least two years. For startups that happened to time this cycle poorly, their founders are faced with difficult propositions and challenges. READ MORE