Re:Where have all the laid-off tech workers gone?
by jart on Friday March 31, 2023 @06:29AM
(#35384923)
Haha that's ridiculous. Does The Economist honestly expect us to believe there's going to be 100,000 new tech startups in America?
> Applications in January to y Combinator, a startup school in Silicon Valley, were up five-fold on the previous year.
Oh snap. 1 year ago on YC's website, they said they receive 10,000 applications twice per year. Times five that's fifty to a hundred thousand new tech companies looking for seed funding now. https://web.archive.org/web/20220111035625/https://www.ycomb... Now that SVB has collapsed too, there's going to be rivers of blood, like the sacking of Rome.
> Applications in January to y Combinator, a startup school in Silicon Valley, were up five-fold on the previous year.
Oh snap. 1 year ago on YC's website, they said they receive 10,000 applications twice per year. Times five that's fifty to a hundred thousand new tech companies looking for seed funding now. https://web.archive.org/web/20220111035625/https://www.ycomb... Now that SVB has collapsed too, there's going to be rivers of blood, like the sacking of Rome.