Thread regarding United States Layoffs layoffs

Y Combinator layoffs March 2023

Y Combinator will be writing fewer checks for late-stage companies, a scale back that also cost 17 team members — or roughly 20% of the accelerator’s employees — their jobs, according to a statement released on Monday. The accelerator told TechCrunch that Silicon Valley Bank’s failure was not a factor and that they have been strategizing about the shift “well before” the collapse; over 30% of Y Combinator’s startups are exposed to SVB.

by
| 393 views | | 1 reply (March 14, 2023)
Post ID: @OP+1lDS8dVA

1 reply

https://techcrunch.com/2023/03/13/y-combinator-cuts-nearly-20-of-staff-scales-back-growth-stage-investments/

by
|
Post ID: @wia+1lDS8dVA

Post a reply

: