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A comment on Bolt announces layoffs. Parent comment

Re:Bolt announces layoffs by FooBarBizBazz on Wednesday May 25, 2022 @06:03PM (#31511269)
I don't think VC-backed startups typically do stock buybacks? That's more of a Fortune 500 thing, AFAIK. "Startups" (of whatever size) are always concerned about the next funding round; I don't think they're going to burn runway to prop up the share price. It's companies like GE and IBM that do that, AFAIK.
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Re:Bolt announces layoffs by puranjay on Wednesday May 25, 2022 @06:10PM (#31511335)
I was referring to the OP’s comment that established publicly traded tech companies too will be under pressure to keep the stock price up and thus, aren’t immune to layoffs
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Re:Bolt announces layoffs by FooBarBizBazz on Monday June 06, 2022 @10:59AM (#31641331)
I see. You have a point there. That would cement, in my mind, their transition from "growth" to "utility" companies, though, and I would expect them to start paying dividends.
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