alt Hacker NewsMy impression is a lot of these companies raised mega rounds right before interest rates went up, and are now able to tread water by cutting headcount enough that their revenue + interest can sustain them. To what end? Who knows...
Replies
androiddrew • today at 11:33 AM
Yeah, but burn rates are high. The money is mostly gone by now, and the run way is approaching its end in the next 12-18 months. Hence the “great devaluation “ they are predicting
JV00 • today at 6:56 AM
To soon be scooped up by bending spoons
I know a few who are really feeling the pressure from customers now being able to vibe code part or their product and also their cloud bill is about to explode because hardware prices are through the roof