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A comment on Snap is laying off about 100 engineers. Parent comment

Re:Snap is laying off about 100 engineers by maxxxxx on Wednesday March 07, 2018 @07:00PM (#16541126)
In a company I worked at the mode was pretty much to take new investment and immediately hire a bunch of new people. Later they would figure out what these people should do. It almost seemed required by the VCs. I can imagine a similar thing happening at Snap.
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Re:Snap is laying off about 100 engineers by aylmao on Wednesday March 07, 2018 @07:19PM (#16541216)
Yik Yak comes to mind; the product died but they got acquired by Square for the engineering talent. I can see VC's seeing a solid team of engineers as an asset that's potentially more valuable than the actual product.
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Re:Snap is laying off about 100 engineers by maxxxxx on Wednesday March 07, 2018 @07:29PM (#16541267)
At the company I worked they seemed mostly concerned with the number of engineers, not quality. We pretty much had the marching order to hire 30 engineers ASAP without knowing what they would do.
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