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At the start of 2016 there was some consensus that things were cooling off. Markets were down, there were fewer seed stage investments and an all but dead tech
by econner 10y ago
At the start of 2016 there was some consensus that things were cooling off. Markets were down, there were fewer seed stage investments and an all but dead tech IPO market for the first half of the year. Investors started to advise companies to lower their burn rates [https://bothsidesofthetable.com/so-what-is-the-right-level-of-burn-rate-for-a-startup-these-days-f514545e226b#.4dbbx7rxi https://bothsidesofthetable.com/so-what-is-the-right-level-o...]. Arguably the market conditions were driven by the 2015 - 2016 Chinese market turbulence [https://en.wikipedia.org/wiki/2015%E2%80%9316_Chinese_stock_market_turbulence https://en.wikipedia.org/wiki/2015%E2%80%9316_Chinese_stock_...], but who really knows. Growth has picked back up this year and I’d expect job growth to bounce back.