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I've noticed that many startup-like companies are on the margins, living from month to month. Hiring is for inflating value and showing numbers to VCs. If the c
by dig1 4y ago
I've noticed that many startup-like companies are on the margins, living from month to month. Hiring is for inflating value and showing numbers to VCs. If the company is susceptible to even small inflation moves or cannot sustain 6-7 months without income, I'd reconsider its business model. Sadly, a considerable number of companies out there belong to this circle.
- puranjay 4y agoI'm also seeing very bloated headcounts for startups. Startups that haven't even hit product-market fit now have 500+ people. I've been out of touch with the startup world the last few years, but something seems to have changed where otherwise mature companies with low-mid four-digit employee counts still work as "startups" (complete with the lack of profitability).