Startups aren’t a great signal - especially if you’re only looking at Silicon Valley startups. For one they employ way fewer people (while garnering a dispropor

Startups aren’t a great signal - especially if you’re only looking at Silicon Valley startups. For one they employ way fewer people (while garnering a disproportionate amount of tech headlines). For the bigger public companies their data is available through yearly SEC filings. Just look it up. They’re making record high revenues. Layoffs for them are an optimization not existential. They could’ve been fine laying off fewer people but it protects them from their growing competitors and longer term global trends. Doomsaying will always be popular but is often misguided. You’re basically relying on a broken clock being right twice a day.