investment signal that an era of high-growth, high-spending startups is over, Jack Newton, a cofounder and the CEO of the software company Clio, said. While investors are pulling back and averting risk, the market isn't drying up entirely.
"Investors are writing checks at multiples that are half or three-quarters less than what they were a year ago," he said. Ryan Niddel, a serial entrepreneur and growth specialist, said a recession was not an ideal time to be in debt.Advice: Audit your financial standing and standard operating procedures
"It's a great way to catch things that you might not know to look at," he said."There could be small amounts of money leaking out in places you didn't even know to look."
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