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We're already starting to see massive layoffs at startups. Maybe it was possible that every restaurant could just rehire their unemployed staff (extremely unlik

We're already starting to see massive layoffs at startups. Maybe it was possible that every restaurant could just rehire their unemployed staff (extremely unlikely), but once salaried employees are let go it's a long time before companies start rehiring. Even if covid-19 disappeared today in some impossible miracle, we'd still see record people out of work and it would take years to fully recover.

_curious_ 7y ago
The "startup" phase of private industry has flourished by unprecedented amounts of VC over the past 5+ years. VC, in turn, has been backed by record PE levels and exits. Does anyone think these $ highs are coming back in the next 2-3 years, minimum, maybe 5+ ? Full circle, startup capitalization has peaked