3 ms·

Why what?

• vxNsr 7y ago
  Why the constant layoffs?
  • ScottFree 7y ago
    They were all early to mid-stage silicon valley startups. For whatever reason, funding runways typically ran out between October and December. If you can't close your next round of funding by then, you run out of money and the whole company minus the founders gets laid off. As for why so many startup duds that all failed in under one year? I was young and didn't know what the hell I was doing. I chose my jobs based on how cool I thought the product was rather than how viable the product would be in the marketplace.
    • vxNsr 7y ago
      Thanks for replying. I'm not really in the industry so it's always interesting to hear about how things work on the inside.