There’s still good news out there for software startups

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There is good news to be found if you are willing to take a long-term view of the market.

The stock market is a mess and startup layoffs are spiking. There is more positive news than you might think. The doomsayers are ignoring history because of one more piece of information from the recent battery venture quarterly cloud update.

Let's find the sun out this weekend. Do you want to get it? There are clouds There are no more father jokes. To do something.

Founders, here’s the good software news

Historical comparisons allow for a variation of the bad news to be positive. It is welcome that this is good news.

• The Bad News: Startup layoffs are spiking.
• The Good News: Far less than in early 2020.

Last month, startup layoffs hit a local maximum of 16,000, according to the Layoffs tracker. The figure is bad because the data service recorded zero startup layoffs during the Q3 and Q4 booms. That's right, but! It is not as bad as the damage startup experienced in early 2020

There were nearly 10,000 startup layoffs in March 2020. Over 25,000 were recorded in April and May of the same year. Less than 70 individual startup layoffs were noted by Layoffs.

From a startup staffing cut perspective, things are worse than they were in late 2021.

• The Bad News: Venture capital is slowing.
• The Good News: From historically record levels.