https://techcrunch.com/2022/08/08/softbank-cautions-startup-winter-may-last-longer-if-unicorn-founders-dont-accept-lower-valuations/

Masayoshi Son, the chief executive of SoftBank Group, which reported a quarterly loss of over $23 billion, is worried that the funding winter for startups may linger in the immediate future.

The 64-year-old executive, whose Vision Funds have backed over 470 startups globally in the past six years, said on Monday that some unicorn founders are unwilling to accept lower valuations in fresh funding deliberations, a fact that has led him to believe that the “winter maybe longer” for unlisted companies.