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Good for them for being transparent even when the company is struggling, but if I was an employee at the company I would be worried. The chart they provide of B
by selectron 10y ago
Good for them for being transparent even when the company is struggling, but if I was an employee at the company I would be worried. The chart they provide of Buffer bank balance over time seems overly optimistic. It looks like they assume that the employees they fire added no value to the company - they assume the company will generate the same revenue even after cutting 10% of their employees. This is wrong, and would worry me greatly that the founders don't seem to recognize this. Of course I would be worried anyway because laying people off at a start-up is a really bad sign, anyway you try to spin it.