Analysts, investors, and founders expect a hard year for tech startups, including more down rounds; PitchBook says 400+ unicorns haven't raised funds since 2021 (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:

Analysts, traders, and founders anticipate a tough 12 months for tech startups, together with extra down rounds; PitchBook says 400+ unicorns have not raised funds since 2021  —  The startup world has had a tricky 12 months — tormented by mass layoffs, plummeting enterprise capital funding and the chaotic collapse of Silicon Valley Financial institution.