https://www.vice.com/en_us/article/93awmz/venture-capitalists-say-the-era-of-recklessly-burning-cash-is-over

Venture capitalists are singing a different tune amid a widespread market meltdown. Blitzscaling, lighting cash on fire, and delusions of grandeur are out; capital efficiency, solid unit economics, and otherwise boring businesses are in.

The effects of rising interest rates and recessionary fears have snuck their way into the technology industry, where venture capitalists are turning away from the exuberant and costly scale-at-all-costs strategies made famous in the 2010s by companies like WeWork and Uber and taking a novel approach: finding businesses that can make money than they spend.