Snowflake has gone from $405 to $171.

Zoom has gone from $406 to $99.

Shopify has gone from $1762 to $426.

Unity has gone from $210 to $66.

Square has gone from $289 to $99.

Roblox has gone from $141 to $30.

Coinbase has gone from $368 to $112.

Robinhood has gone from $85 (really $50-$60 stable) to $10.

Rivian has gone from $179 to $30.

Twilio has gone from $412 to $111.

DocuSign has gone from $314 to $88.

Etsy has gone from $307 to $92.

Pinterest has gone from $81 to $20.

Roku has gone from $490 to $92.

Beyond Meat has gone from $160 to $36.

Peloton has gone from $129 to $17.

Draft Kings has gone from $64 to $13.

Teladoc has gone from $174 to $33.

Virgin Galactic has gone from $57 to $7.

Palantir has gone from $29 to $10.

DoorDash has gone from $257 to $74.

Cloudflare has gone from $221 to $86.

Fastly has gone from $66 to $15.

DigitalOcean has gone from $133 to $39.

UiPath has gone from $90 to $17.

Asana has gone from $145 to $26.

Atlassian has gone from $483 to $224.

Okta has gone from $276 to $119.

And so on.

This is a massive ongoing collapse and it's holding (we're 5-6 months into the persistent decline), there is no rebound occurring.

The bubble is over (and has been for a while now). It makes sense there would be a sizable VC pullback from the public market crash that is happening to the more bubbly (and less profitable) companies.