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0 pointsmetadat3y ago0 comments

Is it a bubble or a crash when not accompanied by a huge wave of abrupt layoffs and / or market losses? From where I'm sitting, the current phenomena appear slow moving and unfolding over such a long period of time, it's easily observable and unsurprising.

Maybe we just have a different definition of these terms?

0 comments

grey-area3y ago

Layoffs have started and will accelerate.

It starts as hiring freezes and funding drying up, it ends in mass layoffs.

In a year or two the crash will be obvious, everyone will be certain investing is a terrible idea, and it’ll be a great time to invest/start a company.

mikeweiss3y ago

It'll be a good time to start a company when people no longer want to invest?

wombatpm3y ago

Old Market Adage: Best time to buy is when blood is running in the streets

ambicapter3y ago

Not all companies need huge investment, and it's a good time to start a company when a lot of companies are dead or dying, and you can step into their market and buy their assets for cheap.

1 more reply

metadatOP3y ago

Thanks for elaborating.

It's still a great time to found a company now, if you have the right idea and network ;)

CodeSgt3y ago

Why would that be a great time to start a company?

grey-area3y ago

Because by the time you're ready for serious investment the cycle will have turned again. Many great companies are founded in downturns (possibly just because people are laid off, possibly because money stops being a motivating factor).

yunwal3y ago

Less competition for talent and market share if you have the funds. However, if you don't have the funds, it'll be nearly impossible to raise.

RC_ITR3y ago

Facebook is not the economy

https://www.dol.gov/ui/data.pdf

j / k navigate · click thread line to collapse

0 comments

grey-area3y ago

Layoffs have started and will accelerate.

It starts as hiring freezes and funding drying up, it ends in mass layoffs.

In a year or two the crash will be obvious, everyone will be certain investing is a terrible idea, and it’ll be a great time to invest/start a company.

mikeweiss3y ago

It'll be a good time to start a company when people no longer want to invest?

wombatpm3y ago

Old Market Adage: Best time to buy is when blood is running in the streets

ambicapter3y ago

Not all companies need huge investment, and it's a good time to start a company when a lot of companies are dead or dying, and you can step into their market and buy their assets for cheap.

1 more reply

metadatOP3y ago

Thanks for elaborating.

It's still a great time to found a company now, if you have the right idea and network ;)

CodeSgt3y ago

Why would that be a great time to start a company?

grey-area3y ago

yunwal3y ago

Less competition for talent and market share if you have the funds. However, if you don't have the funds, it'll be nearly impossible to raise.

RC_ITR3y ago

Facebook is not the economy

https://www.dol.gov/ui/data.pdf

j / k navigate · click thread line to collapse