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I can confirm that the title is true. To be even more specific, we found that 19 startups were founded by ex-googlers after the recent layoffs. Even better, 1
by nubela 4y ago
I can confirm that the title is true.
To be even more specific, we found that 19 startups were founded by ex-googlers after the recent layoffs. Even better, 1 in 3 of the ex-Googlers that were laid off, joined startups valued at 15M.
Relevant: https://nubela.co/blog/1-in-3-ex-google-employees-in-15-billion-worth-of-startups-2023-layoffs/?utm_campaign=layoff%20data%20campaign&utm_source=hackernews&utm_medium=social&utm_term=-&utm_content=ex%20googlers%20layoff https://nubela.co/blog/1-in-3-ex-google-employees-in-15-bill...
- iLoveOncall 4y ago19 startups for 12,000 people is nothing at all. For the third of ex-Google employees that went to startups, it's way too early to tell if it's a long term change. What is likely is that those people get ANY job to keep some income and are applying to other positions that are more suitable to their past experience. I am in a FAANG, and I would definitely do that if I was laid off.