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The schadenfreude isn’t necessarily directed towards individuals who choose to work at a startup and have the misfortune of being laid off. I believe it was mea
by mikeg8 7y ago
The schadenfreude isn’t necessarily directed towards individuals who choose to work at a startup and have the misfortune of being laid off. I believe it was meant towards an overly aggressive/ borderline reckless leadership mentality that has founders raise tens/hundreds of millions in capital, pump a majority into explosive, unfettered growth objectives, without having to exercise much of the fiscal conservatism that many other industries try to operate by. Working for a startup is inherently risky, but more so when founders are too aggressive and do not leave themselves options to retain employees during an unexpected crisis. If a positive outcome of this event is more conservative spending strategies by founders, that’s great. However, based on past patterns, that may be unlikely. And as an employee choosing to work in that world, YOU have to accept those possible realities.
- rexreed 7y agoExactly! This comment reflects the best summation of what I meant and how I feel. The schadenfreude is directed at the COMPANIES not the INDIVIDUALS. And honestly it's directed at the VC.