We’ve been hearing the sound of thunder far off in the distance for months. Now the storm may have arrived.
Will this be a reversal back to the culling we saw in covid’s early days? Will bitcoin continue to fall forever?
… but startup layoffs are a great place to start looking for an answer. They are over-levered (AKA not profitable and funded by VC firms), and that leverage means that when things get bumpy, they feel it first as their limitless credit card gets taken away. Thus far:
I don’t profess to have a crystal ball. But as someone who owns 26 companies and invests in startups, I can say that not preparing seems dumb.
I see two poles right now:
There’s money to be made in every market.
Here’s what you need to ask yourself:
Preparation is thriving instead of surviving. Good luck out there.