Startups should prepare for difficult times, as venture capital is expected to dry up. Raising capital in the next 12 months will likely be challenging.
"Why Combinator just issued a warning to startups that they'll have to prepare for the worst and I tend to agree their advice was to stockpile reserves expected Venture Capital will dry up understand the last two years were not indicative of a realistic Market condition and realize that maybe if you raise Capital over these next 12 months you're doing so probably the worst possible time"