Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
Y Combinator’s new era, with smaller batches, a refocus only on early-stage investing and a new chief executive, is in full swing. As The TechCrunch team sat through hundreds of startup pitches during YC’s biannual Demo Day, the backdrop of change was certainly noted.
For one, a majority of the early-stage investors I’ve spoken to have complained about the valuations coming out of the cohort, saying that it’s getting too pricey to invest. It’s a conversation that bubbles up around Demo Day time and time again, but given the downturn, some expected to see valuations that they think are more realistic for bu...
