[brwnll]

I assume you are referring to follow up rounds when you refer to a chill? Or do you expect angel/seed funding to be reduced because they are going to lower guesstimated valuations?

Will be Interesting to see if this pattern has an effect of pushing tech companies to IPO sooner.

Is this behavior being replicated cross sector? It seems commonplace for a tech company to write down a valuation of a purchased company (eg every company MS has ever bought), I don't hear about it in health, finance, retail, etc sectors.

[chkuendig]

You might not have heard about it, but most companies write down the value on acquisitions to some degree.

IANAL, but legally you can be forced to realize tome deprecation on goodwill payments...

https://en.wikipedia.org/wiki/Goodwill_%28accounting%29