There were 1035 US IPOs in 2021. Then just like that it all changed. 2022 brought only 181 IPOs, an 82.5% drop from 2021. And despite wishful predictions, 2023 dropped another 15% to a paltry 154 IPOs. Whether you’re starting a new company or your startup is ready to scale, you are now firmly in a new normal. The fever pitch of growth at all costs has changed to "scale fast and be more efficient.” Panelists draw upon learnings as founders and operators in startups and multi-billion $ market cap companies to discuss four inflection points that could sink your startup and how to get through them.