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Semil
In my 7 years of investing, I don’t think I’ve seen a continuous wave of publicly announced layoffs at tech startups like the wave to start 2020. Investors know of more coming that have yet to be announced. This could be isolated to Softbank, but it feels broader in scope.
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Max Kane 13. sij
Odgovor korisniku/ci @semil
How do you think this should effect potential employees accepting offer from unicorns? Is it acceptable to ask to see financials?
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Semil 13. sij
Odgovor korisniku/ci @kanem22
Depends who has leverage in negotiation
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Lee Hower 13. sij
Odgovor korisniku/ci @semil
Dude, ’01 and ’09 was a lot worse… this feels more like some combo of taking your medicine and virtue signaling (reorg w/ emphasis towards profitability path). Also get your bad news out now and try to reset for rest of ’20.
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Ben Greene 13. sij
Odgovor korisniku/ci @leehower @semil
Ok but in fairness, he did start off by saying "in my 7 years of investing"...
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Charlie Zvibleman 13. sij
Odgovor korisniku/ci @semil
Wow - you’re right, big ramp in startup lay-off announcements last few months (AlphaSense data).
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Desk_Jockey 14. sij
Odgovor korisniku/ci @CharlieZvible @semil
That’s some solid growth! When is the IPO?
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Lueurverte 13. sij
Odgovor korisniku/ci @semil
Market was up huge last year and tech ipos floundered. Nobody pays for that kind of negative correlation Something's gotta give (at the late stage)
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Colton Seal 13. sij
Odgovor korisniku/ci @semil
Sounds like a great recruiting opportunity 🧐😉
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Ken 13. sij
Odgovor korisniku/ci @ColtonSeal @semil
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Rodrigo Prudencio 14. sij
Odgovor korisniku/ci @semil
You missed the awesomeness that was the website FuckedCompany. Every day in 2001/2002 was like this. And that site was the daily drip of miserable news.
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Cecilia Marihart 14. sij
Odgovor korisniku/ci @rigomundo @semil @pud
I miss
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