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If you ask three different people whether we’re in a recession, you could easily get three different answers.

As often as the ‘R’ word is bandied about in tech, a survey of 450 early-stage founders found that only 12% plan to hire fewer workers and 6% have laid people off.

“The data is proving that early-stage founders are seeing a more gradual approach to the downturn,” said January Ventures founding partner Jen Neundorfer.


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“It’s in contrast to some of the memos you see from the Sequoias of the world that say, ‘cut immediately and cut deep.’”

Eighty percent of the seed-stage and pre-seed founders who responded to Ja...

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