In todays episode we discuss tech layoffs:
(01:33) Layoffs.fyi database on who's laying people off
(02:50) Why tech layoffs are happening - inflation, interest rates, covid, warÂ
(06:00) Interest rates impact on investorsÂ
(07:00) Net Present Value of future cash flows
(08:00) Powerball lottery example
(10:25) How tech startups dealt with the changing landscape
(11:20) Extending runway
(13:00) Good & bad examples of layoffs
(14:15) Stripe's memo on laying off staff
(16:13) Should CEOs have been able to predict the market and prevent over hiring
(20:40) The financial decision behind joining a startup
(23:00) How joining a startup now could make you rich
(24:15) Is Elon the new Steve Jobs
(27:30) Impact of layoffs for H1-B visa holders
(30:35) Tips for finding a new job
Alfie Marsh - Head of US Go-To-Market at Spendesk
(LinkedIn) https://www.linkedin.com/in/alfie-marsh-0a435a69/
(Newsletter) http://www.rocketgtm.co/
Chris Gibson - Founder of Wavelength
(LinkedIn) https://www.linkedin.com/in/chrisgibson14/
(Twitter) https://twitter.com/chggib
(Newsletter) https://chrisgibson.substack.com/
The Search For Growth website
www.thesearchforgrowth.com
(Stripe's memo on layoffs) https://stripe.com/newsroom/news/ceo-patrick-collisons-email-to-stripe-employees
(Openview's 2022 Benchmark Report) https://openviewpartners.com/2022-saas-benchmarks-report/
(Techcrunch article for H1-B visa holders) https://techcrunch.com/2022/11/11/answers-for-h-1b-workers-whove-been-laid-off-or-think-they-might-be/
#5 Tech layoffs - why it's happening and why joining a startup now could make you rich