Definitely feel like #2 is happening, folks leaving to “reset” their equity at another company. Sketchy companies more likely to layoff too which can destroy a company culture then it cascades to others leaving shortly thereafter. A flight to safety at big tech and default investable companies! Have you seen what David Sacks has said about that ?
Resetting of valuations could be a huge opportunity if you can place your bets right :)
Yes! I like the idea of default investable - for some companies, “default alive” isn’t yet optimal. This is where I think companies who were prudent through the bull market, kept cash on the balance sheet, and can continue to invest will be the winners of the next decade plus
Definitely feel like #2 is happening, folks leaving to “reset” their equity at another company. Sketchy companies more likely to layoff too which can destroy a company culture then it cascades to others leaving shortly thereafter. A flight to safety at big tech and default investable companies! Have you seen what David Sacks has said about that ?
Resetting of valuations could be a huge opportunity if you can place your bets right :)
Yes! I like the idea of default investable - for some companies, “default alive” isn’t yet optimal. This is where I think companies who were prudent through the bull market, kept cash on the balance sheet, and can continue to invest will be the winners of the next decade plus