3 ms·
Indeed. This is the hangover from the era of cheap money and private equity gone wild. It’s a healthy adjustment for the industry that puts great people back in
by ttul 3y ago
Indeed. This is the hangover from the era of cheap money and private equity gone wild. It’s a healthy adjustment for the industry that puts great people back in circulation, to be picked up by healthier companies that didn’t blow their brains out on cheap capital. It also frees people up to start new companies because suddenly just working for FAANG doesn’t make you rich anymore.
When I looked for people a year ago, the market was still tight and frankly things seemed hopeless. We struggled along with an undersized team. I now have really good people walking up unsolicited. That hasn’t happened for many years. It’s a welcome change.