[drewfusss]

If you get an email stating that they’re tightening up their guidelines, I take that as meaning they’ve all but shutdown. Yes, some are doing just that: tightening up guidelines. But many aren’t going to straight up say they’ve stopped funding. They don’t want that stigma (although some have said they’ve stopped). But none are going to come on here and say it. They don’t want to lose dealflow when they resume.

While I agree, I dont think this is true- I know of multiple companies that are tightening up, because thats what they are doing.
Tightening up isnt a bad thing, its just shifting focus to and area they think can be profitable for them.