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1) The slowdown is in VC funding for startups trying to raise series A and growth rounds. The companies that are hardest hit are the startups that are just bare
by argonaut 11y ago
1) The slowdown is in VC funding for startups trying to raise series A and growth rounds. The companies that are hardest hit are the startups that are just barely above $1B in valuation. Think: Instacart, Zenefits, etc. Also companies trying to raise Series A.
2) All the big companies Google, FB, Apple, Amazon, etc. are still printing money like crazy and hiring all the engineers they can find.
3) Well established pre-IPO companies like Airbnb and Uber are still hiring like crazy and have no trouble finding funding. Uber claims it's profitable in the US, for example, so I don't see any reason Uber is going to collapse any time soon.
4) If gasp you can't find work at a hot startup, you can always try to work at a big tech company or big pre-IPO company.