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A comment on Convoy collapse: Read CEO's memo detailing shutdown of Seattle trucking startup. Parent comment

Re:Convoy collapse: Read CEO's memo detailing shutdown of Se... by sofixa on Friday October 20, 2023 @03:27AM (#37953293)
Why specific to startups? Everyone deserves some leeway during layoffs, having a minimum severance for everyone is pretty basic stuff.

Also, healthcare shouldn't be employer provided.

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Re:Convoy collapse: Read CEO's memo detailing shutdown of Se... by robocat on Saturday October 21, 2023 @11:11PM (#37972491)
Because startups are expected to fail, and VCs won't "waste" money unless they are forced to so they will leave the business with $0. Without legislation VCs won't assign any money for post-failure employee costs.

Running concern businesses don't have quite the same incentives nor the same risks of failure.

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