4 ms·
Layoffs have started and will accelerate. It starts as hiring freezes and funding drying up, it ends in mass layoffs. In a year or two the crash will be obvio
by grey-area 4y ago
Layoffs have started and will accelerate.
It starts as hiring freezes and funding drying up, it ends in mass layoffs.
In a year or two the crash will be obvious, everyone will be certain investing is a terrible idea, and it’ll be a great time to invest/start a company.
- metadat 4y agoThanks for elaborating. It's still a great time to found a company now, if you have the right idea and network ;)
- mikeweiss 4y agoIt'll be a good time to start a company when people no longer want to invest?
- ambicapter 4y agoNot all companies need huge investment, and it's a good time to start a company when a lot of companies are dead or dying, and you can step into their market and buy their assets for cheap.
- Ancalagon 4y agosure, with what capital to hire/acquire? Investors will shut down as well
- wombatpm 4y agoOld Market Adage: Best time to buy is when blood is running in the streets
- CodeSgt 4y agoWhy would that be a great time to start a company?
- grey-area 4y agoBecause by the time you're ready for serious investment the cycle will have turned again. Many great companies are founded in downturns (possibly just because people are laid off, possibly because money stops being a motivating factor).
- yunwal 4y agoLess competition for talent and market share if you have the funds. However, if you don't have the funds, it'll be nearly impossible to raise.
- RC_ITR 4y agoFacebook is not the economy https://www.dol.gov/ui/data.pdf https://www.dol.gov/ui/data.pdf