Sequoia to founders: Prepare for the long haul; Andreessen Horowitz commits $4.5 bln more to crypto's 'golden era'

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Sequoia Capital, one of the world's best-known venture capital firms, has warned founders of its portfolio companies that the flow of cheap money is over, and investors now have a distinct preference for ventures that can generate cash today. Andreessen Horowitz, meanwhile, has announced massive crypto and Web3 fund. And Snowflake is the latest tech company to warn of a slowdown