Re:Ask HN: Is the market bad, or am I having the worst luck ...
by DoesntMatter22 on Thursday July 27, 2023 @10:55PM
(#36902681)
Really doesn't benefit companies that much because once the market turns around those people won't stay
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by happymellon on Friday July 28, 2023 @01:56AM
(#36903476)
I have not known many companies that have been that far forward thinking.
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by DoesntMatter22 on Friday July 28, 2023 @10:39AM
(#36907455)
I agree with that.
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by quickthrower2 on Thursday July 27, 2023 @11:17PM
(#36902791)
Most companies can barely stay solvent let alone engineer a conspiracy. I admit there was wage collusion in the past but I reckon that is as coordinated as it gets. We need a new boom of startups figuring how to do useful stuff with computers without resorting to overhiring on success.
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by MauroIksem on Friday July 28, 2023 @01:42AM
(#36903429)
The era of cheap money is over and without it we wont see another startup boom.
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by gumballindie on Friday July 28, 2023 @03:23AM
(#36903931)
Somehow i doubt the world’s startup engine, the us, will never get back to sprouting startups again. This situation as many before it will turn around.
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by quickthrower2 on Friday July 28, 2023 @03:51AM
(#36904095)
I doubt cheap money is over forever.
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by rvz on Monday July 31, 2023 @08:48PM
(#36950944)
Exactly. Now VCs will be looking at profitable startups instead of startups that are highly dependent on raising money every month and make little to no revenue to cover the inflated salaries.
Either that or the salaries will be going down.
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by matheusmoreira on Friday July 28, 2023 @02:56AM
(#36903779)
New boom of startups? If the US federal reserve keeps increasing interest rates, startups are pretty much done.
Re:Ask HN: Is the market bad, or am I having the worst luck ...
by quickthrower2 on Friday July 28, 2023 @03:52AM
(#36904106)
New companies are not done though. Just throwing $1m seed at someone because they can code and says “something something blockchain/ai” is over.
I’ve spoken to recruiters from big companies and many were laid off too, which makes the hiring process even more sluggish.