Re:I'm tired of "AI" products wrapped over and selling at hi...
by dvfjsdhgfv on Monday May 20, 2024 @03:25PM
(#40419175)
Well, my experience is the opposite - the scheme you describe works if you get one lump sum upfront. But what normally happens is that investors are more careful and will gladly give you more money each year provided that you fullfill certain conditions (growth!). Sure, you can miss the mark a few times, but you have to at least pretend you are doing something - and firing everybody except the senior devops lead probably won't cut it.
A company that raises millions or billions? With tech, you can just fire everyone, shut down almost every server, and still keep running. Maybe that's what a lot of them are doing now. Some have laid off almost everyone but the people who know which server to shut down.