top | item 37947452 (no title) gcampos | 2 years ago To think that 1 year ago they were aggressively spamming me for an engineering position there.How you go from "hyper growth mode" (according to the recruiter email) to closed operations within 13 months? discuss order hn newest boringg|2 years ago Easy - high burn rate and no revenue. tmshu1|2 years ago “Hyper growth mode” = hiring as fast as possible. Startups gotta borrow and spend their way to success, and fast, ya know. Can’t keep the VC’s waiting on their returns. baq|2 years ago Lose 90% revenue in 1 quarter whalesalad|2 years ago Not everyone knows how to run a company successfully, despite hyper growth fervor. Just look at FTX lol.
tmshu1|2 years ago “Hyper growth mode” = hiring as fast as possible. Startups gotta borrow and spend their way to success, and fast, ya know. Can’t keep the VC’s waiting on their returns.
whalesalad|2 years ago Not everyone knows how to run a company successfully, despite hyper growth fervor. Just look at FTX lol.
boringg|2 years ago
tmshu1|2 years ago
baq|2 years ago
whalesalad|2 years ago