Lots of sellers, fewer buyers, in markets for startup shares

There’s a lot of confusion in the private market right now. On the one hand, venture firms are still announcing new funds on a daily basis. They’re hosting catered sushi brunches. On the other, layoffs abound, and titans of industry sound worried. JPMorgan’s Jamie Dimon sees an economic hurricane ahead. For his part, Elon Musk reportedly told Tesla executives this week he has a “super bad feeling” about the economy. He’s also laying off 10% of Tesla’s salaried employees, he told them in a brief email this morning.
You could hardly blame people looking

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