What do you call the opposite of the startup halo effect?

MasterClass laid off 20% of its staff, around 120 people, across all teams. Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum. TechCrunch+: Accel has a history of giving money back to its investors during a moment of market uncertainty. This is my deal of the week namely because it’s a subtweet at Tiger Global and SoftBank’s slow down, but in the classy way that only a 39-year-old firm would dare. In the rest of this newsletter, we’ll talk about multiplayer fintech and the grocery delivery world in our weekly newsletter. We’ve got a taste for a new reality TV show. . . .