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It is a pretty narrow segment of a much larger market, presumably.
by zdragnar 4y ago
It is a pretty narrow segment of a much larger market, presumably.
- whatshisface 4y ago"Startups quit hiring first," sounds like a leading indicator on the surface, but if you think about it that also means that they will stop hiring during smaller dips that later pick back up. Every big dip has to do through the smaller dip state, but since plenty of smaller dips recover it is still a martingale - unless it isn't, but if it isn't that's the cause of my surprise.
- hn_throwaway_99 4y agoThat's basically true of all "leading indicators", and is summarized in the popular joke that "Economists have predicted 8 of the last 5 recessions".
- TedDoesntTalk 4y agoYeah, there are literally thousands of tech companies that don’t use HN.