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My thoughts exactly. Two scenarios: - the WeWork IPO-that-wasn't has caused most VC's to decide that you really need to demonstrate profitability before you ca

My thoughts exactly. Two scenarios: - the WeWork IPO-that-wasn't has caused most VC's to decide that you really need to demonstrate profitability before you can IPO, which is when they get paid, so lots of companies are now doing layoffs instead of just getting more VC money - or, the economy (which hasn't had a real recession in a long time, since not even 2011 was quite a recession) is just due for a recession and tech startups are the canary telling us this is so

aguyfromnb 7y ago
>the WeWork IPO-that-wasn't has caused most VC's to decide that you really need to demonstrate profitability before you can IPO, That's a polite way to put it. I'd say the WeWork IPO-that-wasn't was the public saying don't foist your shit on us. How many VC bagholders are now sitting on "billions of dollars" in meaningless paper gains based on nothing but SoftBank's and others nonsense valuations?
hilbertseries 7y ago
> Quora, EBay, 23 and Me and TripAdvisor Ebay and TripAdvisor are public companies.