https://techcrunch.com/2022/07/07/so-are-we-in-a-startup-recession-or-what/

I don’t know what is going on in the startup market and it’s a bit of a pain in the ass.

The larger American economy, home to the largest technology startup and venture capital markets in the world, could be in a recession right now. We don’t know. To reach a technical recession, we need two successive quarters of negative GDP growth. We got that in Q1, when the United States’ gross domestic product fell 1.6% after growing 6.9% in the fourth quarter of last year.