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Everyone is drafting their own startup Black Swan memo


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“You can often pick up significant market share in an economic downturn by just staying alive,” top startup accelerator Y Combinator wrote in an internal e-mail to its founders this week. The advice was one of ten bullet points in a memo meant to help companies navigate the economic downturn crushing tech. Other stand-out quotes include “plan for the worst” and “no one can predict how bad the economy will get, but things don’t look good.”
The email is a vibe shift from just a few weeks ago, when hundreds of Y Combinator startups — many of which already raised venture funding — presented themselves to the public on Demo Day. The startups were the first to receive Y Combinator’s new $500,000 standard check and were aggressively focused on international opportunity. Now …

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