What this means is you need to keep investing money to even stay afloat, hence the VC investment madness.
India has seen this trends in the past too. And it doesn't end well. When businesses don't make profits the employees suffer. Loans are defaulted, homes are lost and careers are set back by decades. I call this job tourism.
I've been there and been through this several times. In the early 90s I remember it was considered a windfall period for managerial talent in India. When ABCL(Amitabh Bachchan Corporation Limited) collapsed it unleashed hell on people. Dot com burst, 2008 crash. It all starts with crazy salaries and ends in tears. In 2008 I personally remember filtering out resumes of people whom we called 'job hoppers'. Have a frequent jump trial on your resume? Congrats a lay off now means you will be job less for 2+ years. Even when you do get a job after that time, it's not like they'll be offering 500% hike on the market standards. If you don't show the jumps on the resume first question we'd ask is 'Can you explain the gap in your resume'.
Where do you think the exhaustive background checks come from?
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