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A comment on Meta lays off 11,000 people. Parent comment

Re:Meta lays off 11,000 people by scarface74 on Wednesday November 09, 2022 @06:47AM (#33530213)
Except for that whole funding environment being dead thing. Not to mention that nine out of ten startups fail even in good times.
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Re:Meta lays off 11,000 people by indymike on Wednesday November 09, 2022 @07:03AM (#33530336)
I used a 1yr severance as a seed fund for my current company.
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Re:Meta lays off 11,000 people by scarface74 on Wednesday November 09, 2022 @07:16AM (#33530470)
That doesn’t dispute the fact that only 1 out of 10 startups “succeed” and that definition of “success” is overly generous.
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Re:Meta lays off 11,000 people by indymike on Wednesday November 09, 2022 @12:57PM (#33535362)
No, it doesn't dispute that startups are risky, even if you know what you are doing. By the way, water is wet, too.
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