Re:VCs are scared when they should be greedy
by moneywoes on Wednesday July 20, 2022 @04:51PM
(#32172158)
What can we do to insulate ourselves from this? As a software engineer at a startup
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Re:VCs are scared when they should be greedy
by vcfundedmylife on Wednesday July 20, 2022 @06:26PM
(#32173217)
If you work in crypto or fintech, run.
Otherwise, I don’t think there’s much you can do to insulate yourself. It’s never obvious how resilient your employer is relative to the rest of the industry.
Just reset your expectations on what working in tech will be like for the next few years. And prioritize learning and building your network - whether at work or outside - over trying to climb the career ladder. It will pay off in the long run and you’ll be happier.
Also, articles like this show that we’re nowhere near capitulation. When we actually get there, stay passionate about tech. There will be another boom.
Re:VCs are scared when they should be greedy
by disgruntledphd2 on Wednesday July 20, 2022 @05:04PM
(#32172293)
Hit profitability on a unit cost basis yesterday. Try to hit overall profitability before the VC cash burns out.
Re:VCs are scared when they should be greedy
by dinvlad on Wednesday July 20, 2022 @08:01PM
(#32174087)
Or start your own bootstrapped SaaS - the only investment is time and effort. These are some of the most enduring businesses, imho.