3 ms·

ummm.. they chose their employer?

• wpietri 4y ago
  Normally I'd think that an unfair point. We can't generally expect workers to evaluate the financial soundness of their employers. But we are talking about startups here. Everybody going in knows that most startups fail. Hopefully everybody has an exit plan.
  • theGnuMe 4y ago
    > We can't generally expect workers to evaluate the financial soundness of their employers. Why not? It’s like fundamental…
    • wpietri 4y ago
      Because it's a problem requiring graduate-level finance knowledge? Because it's so difficult that even the professionals find it challenging? Because the companies that go under were often working to hide that even from other sophisticated players?
      • theGnuMe 4y ago
        I don't think it is that complicated. I am surprised at the high balances in SVB though from companies that should've known better.
        • wpietri 4y ago
          If you think you can reliably tell the financial soundness of companies, don't post here about it. Go trade their stocks. You'll either make a mint or you'll have a very valuable lesson.
          • theGnuMe 4y ago
            I thought we were talking about companies that you choose to work for?
            • wpietri 4y ago
              If you can do this with a company before taking a job, then you can certainly do it with other companies.
  • deleted 4y ago
    [deleted]