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Occum's Razor might suggest that the reason for this is pretty straightforward -- the downturn in VC funding means fewer dollars of other people's money availab
by leroy_masochist 10y ago
Occum's Razor might suggest that the reason for this is pretty straightforward -- the downturn in VC funding means fewer dollars of other people's money available for startup salaries.
- RickS 10y agoHas a very precipitous downturn in VC funding actually occurred? There's been convincing clatter for awhile now that it's expected, but my feeling was that while it was lower, it wasn't the kind of downturn that would shave 40% off the hiring market.
- leroy_masochist 10y agoI think it certainly has occurred from the perspective of the early-stage founders making cash allocation decisions.