Re:Cleantech startup Moxion Power lays off a third of its wo...
by agebauer on Sunday June 23, 2024 @01:47PM
(#40769181)
Just because it’s normal doesn’t make it right. Shouldn’t the frequency of layoffs seen in recent history be an indicator that it’s time for a change in how tech businesses do business?
Re:Cleantech startup Moxion Power lays off a third of its wo...
by blue-ox on Sunday June 23, 2024 @07:51PM
(#40771593)
Not my first startup experience. But definitely my first "typical blowup". The last startup I worked at the founders were probably too conservative, we never got past 5 employees and when the company folded there were six figures in cash still in the bank.
Because nothing here seems out of the norm for startups. Most of them are sketchy strategically, just that some figure it out before running out of runway.