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What can we do to insulate ourselves from this? As a software engineer at a startup
by moneywoes 4y ago
What can we do to insulate ourselves from this? As a software engineer at a startup
- disgruntledphd2 4y agoHit profitability on a unit cost basis yesterday. Try to hit overall profitability before the VC cash burns out.
- djbusby 4y agoAsk management about the numbers, evaluate their answer. If you don't get an answer: run.
- vcfundedmylife 4y agoIf you work in crypto or fintech, run. Otherwise, I don’t think there’s much you can do to insulate yourself. It’s never obvious how resilient your employer is relative to the rest of the industry. Just reset your expectations on what working in tech will be like for the next few years. And prioritize learning and building your network - whether at work or outside - over trying to climb the career ladder. It will pay off in the long run and you’ll be happier. Also, articles like this show that we’re nowhere near capitulation. When we actually get there, stay passionate about tech. There will be another boom.
- dinvlad 4y agoOr start your own bootstrapped SaaS - the only investment is time and effort. These are some of the most enduring businesses, imho.
- danjac 4y agoKeep your resume up to date and start applying for new positions. Even if none of them are what you are looking for, it's good to sharpen your interview practice.