All startups must grow, but as markets contract, conserving resources is a higher short-term priority.
Crypto exchange Coinbase is in the headlines this morning after news broke that it is rescinding some candidates’ outstanding job offers.
Yesterday, we reported that IRL, a social app, was laying off 25% of its staff a year after raising a $170 million Series A, even though it has enough cash to operate for another two years.
I don’t have any insight into IRL or Coinbase’s financials, but I can say with certainty that these companies will have a harder time hiring talented e
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