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Most companies can barely stay solvent let alone engineer a conspiracy. I admit there was wage collusion in the past but I reckon that is as coordinated as it g
by quickthrower2 3y ago
Most companies can barely stay solvent let alone engineer a conspiracy. I admit there was wage collusion in the past but I reckon that is as coordinated as it gets. We need a new boom of startups figuring how to do useful stuff with computers without resorting to overhiring on success.
- hyperparameter 3y ago[flagged]
- MauroIksem 3y agoThe era of cheap money is over and without it we wont see another startup boom.
- gumballindie 3y agoSomehow i doubt the world’s startup engine, the us, will never get back to sprouting startups again. This situation as many before it will turn around.
- quickthrower2 3y agoI doubt cheap money is over forever.
- rvz 3y agoExactly. Now VCs will be looking at profitable startups instead of startups that are highly dependent on raising money every month and make little to no revenue to cover the inflated salaries. Either that or the salaries will be going down.
- matheusmoreira 3y agoNew boom of startups? If the US federal reserve keeps increasing interest rates, startups are pretty much done.
- quickthrower2 3y agoNew companies are not done though. Just throwing $1m seed at someone because they can code and says “something something blockchain/ai” is over.