3 ms·
I think COVID profits drove the hiring But it really comes down to the company. For example, Tesla’s valuation was probably more dependent on that kind of inv
by thrashh 4y ago
I think COVID profits drove the hiring
But it really comes down to the company.
For example, Tesla’s valuation was probably more dependent on that kind of investment because their valuation was based on the idea that full self-driving AI was achievable. Whereas Google isn’t because no one is waiting for Google to do anything amazing
But I pointed out COVID specifically because it seems tech companies overall benefited from the pandemic. Even I invested extra in tech companies during the pandemic because every other industry was physically being impacted by the virus.
If everyone trips and falls during the race, you’ll get first place, but it wasn’t because you got any better. But wait long enough and everyone will catch up