After decades of growth, the tech sector is now under pressure. Big and small companies alike are under pressure thanks to rising interest rates, the war in Ukraine, potential COVID-19 lockdowns abroad, and much more. The sector also just enjoyed a blockbuster two-year growth period during the pandemic, with startups like Peloton catering to at-home needs. That lucky streak seems to be coming to an end. Mark Peter Davis, Managing Partner at Interplay, joins Closing bell to discuss why these layoffs were expected, the impact of macroeconomic factors on the tech sector, where tech startups go from here, and more.