Many Silicon Valley startups are announcing job cuts and spending freezes to prove they can be disciplined about costs to would-be investors amid the pandemic (Miles Kruppa/Financial Times)

Miles Kruppa / Financial Times:
Many Silicon Valley startups are announcing job cuts and spending freezes to prove they can be disciplined about costs to would-be investors amid the pandemic  —  Balance of power shifts back to investors as founders look to bolster balance sheets  —  As one of Silicon Valley's hottest start-ups …