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Most companies have ups and downs. Longterm stable companies tend to be static, short term success can turn into cratering failure in a hurry, and no company ca
by bluefirebrand 3y ago
Most companies have ups and downs. Longterm stable companies tend to be static, short term success can turn into cratering failure in a hurry, and no company can grow forever.
When you're interviewing, every company will swear they are growing rapidly and making oodles of money. How do you tell if they really are?
If I could identify growing companies so easily I wouldn't work at all, just make bank on the stock markets, right?
- nradov 3y agoIt's easy to tell if companies are actually growing. For public companies just read their quarterly financials. For private companies look through LinkedIn to check the pace of hiring and promotions. Of course there are no guarantees. If your current employer stops growing then it's time to look for other opportunities. I don't understand your point about the stock markets. All other investors have access to the same growth data about public companies. The growth rates are already priced in.
- saagarjha 3y agoCompanies that are days from being insolvent will often hire as if they had years of runway.