News for hackers. Stuff that matters.

A comment on Skilled tech workers snapped up despite downturn. Parent comment

Re:Skilled tech workers snapped up despite downturn by strangattractor on Tuesday December 20, 2022 @02:41PM (#34071353)
IMO One of the best times to do a startup is during a downturn. Startups typically don't even have a product for some time after beginning. One of the worst scenarios is introducing your product at the beginning of a downturn. Adoption rates tend to be slower then because corporations are reducing spending.
[ Parent | on HN ]
Re:Skilled tech workers snapped up despite downturn by ethbr0 on Tuesday December 20, 2022 @03:53PM (#34072380)
* If you can find funding or self-fund.
[ Parent | on HN ]
Re:Skilled tech workers snapped up despite downturn by strangattractor on Tuesday December 20, 2022 @06:43PM (#34074563)
One can always look at recently funded startups. Doesn't have to be your own. VC don't necessarily pull back on funding during recessions - using the same reasoning that it is a good time. Starting a new fund can be a problem during that period since many investors become risk adverse.
[ Parent | on HN ]