The startup and venture markets are coming back to square one

What goes up must come down” is a cliche that is also a bastardization of Newton’s third law. It’s also a good reminder that when it looks like the business market has changed fundamentally, we’re often really just seeing a temporary aberration.
This idiom rings true when we consider the cycle of tech valuations (up and then down), venture capital (up and then down), and the pace at which new unicorns are being minted (also up and then down). These three trends are linked, obviously, but what gave us pause recently was the realization that we haven’t merely seen d

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