Save this post. We are about to see a wave of layoffs as equity tightens for startups and bad companies. Softbank imploding is the first wave. Youve been warned. Get to FAANG immediately. SUPPORTING DATA: All softbank companies are laying off thousands Silent layoffs are impacting late stage startups that cant exit AIRBNB will hold IPO again due to again poorly timing market Startup funding will impact ad spend. Warning. Just look at blind. People here are reporting RIFs that are not in the news. This is the massive early warning sign. UPDATE: "TECH BLOODBATH PART II: ITS HAPPENING (Layoffs)" https://us.teamblind.com/s/ZcuqPrSB
Agree with this totally
it's been already happening since Q3/Q4 of last year
Bet if 5 % of what you are predicting becomes reality.
Yea Softbank is screwed up and if they back your startup you should be worried.. not in general however , ast year startup funding was at all time highs! Most startups are not Softbank backed either.
Who did you miss in FANG, apple or ama?
1.1% growth is not a strong economy.. stock market ain’t the economy.. fed is creating a bubble here ..
I agree that there's going to be more consolidation in tech. Big Tech is going to eat startups for lunch. But that doesn't mean it's going to be bad for techies.
I don’t yet see any signs of doom but... CFO confidence is pretty low right now (and those guys usually know better) and budgets are getting tighter across the board. The reason I hesitate to predict doom is that CFO confidence is low and budgets are getting tighter meaning that companies are getting ready for a slowdown, meaning it shouldn’t be that bad.
CFOs know better? Lol
OP sees 💀 dead people. He must have extra sense
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Enraged that kids prefer KPop to Bollywood. Installed cams in their rooms.
Is it already time for this year's tech bloodbath post?
We're 2 weeks in dude. I'm surprised this is the first one
Oof. You got a lot of likes but boy were you dead wrong son.