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> Well-funded startups that raised recently and are actively growing. Any runway issues they have are far enough out that you don't need to worry much today. I
by squeegee_scream 3y ago
> Well-funded startups that raised recently and are actively growing. Any runway issues they have are far enough out that you don't need to worry much today.
I would have agreed with you 6 months ago but this describes both companies I was laid off from this year. Both closed 100+ million dollar rounds last May and June. Both valued at 1 billion+. Both bragged about their multi year runway days or weeks before layoffs began. Both had plans to grow significantly this year. My take is that the investors told them to do layoffs so they did. Which makes me want to work for a bootstrapped company that is growing slowly and will not take investor money