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Please don't compare death with layoffs. One if an inevitable but tragic part of life the other is an inevitable but tragic part of keeping the shareholders hap

• khazhoux 4y ago
  I think the whole notion of companies doing things "for the shareholders" is vastly overblown. Doesn't it make perfect sense on its own that YC realized the late-stage game was not working out, and that they were not going to be able to use those people effectively on other work?
  • maximinus_thrax 4y ago
    > I think the whole notion of companies doing things "for the shareholders" is vastly overblown. Everyone is entitled to their own opinion, and I don't share yours. Everything makes sense with the proper framing. My guess is that this has more to do with perception than with actual business needs. I can try as well: Doesn't it make perfect sense that in the current context it's very easy to justify cutting costs which if done during normal times would signal trouble/mismanagement?