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By Ellen Chang Sequoia Capital and Y Combinator have told startups that cutting costs is a priority. Venture capital firms such as Sequoia Capital and Y Combinator are sounding the alarm for startup companies that the days of raising capital easily are over. The well-known VC sent 250 founders a 52-slide presentation via Zoom on May 16, alerting them to a “crucible moment” as higher rates of inflation, volatility in the stock market and several geopolitical issues led to less certainty in the venture capital market. The presentation was seen by The Information. Sequoia told the startup founder…