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Y Combinator Warns Startup Founders Of Economic Downturn: ‘Plan For The Worst’

Startup accelerator Y Combinator is the latest investment firm to warn the good times may be coming to an end for startups and the venture market.

“No one can predict how bad the economy will get, but things don’t look good, ” YC wrote in a letter sent to its portfolio founders this week titled “Economic Downturn.” The contents of the letter were first reported by TechCrunch.