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yenda | 9 months ago

yeah for me it's a capital starvation issue, 5 years ago I got millions to fund a vague idea and would hire left and right for the price you'd give, didn't matter. Now I'm building a sustainable business with the little funding available and growth and success is severly limited by the lack of capital, 150k/year would be almost half our entire company salaries. I won't mind increasing salaries for everyone including myself as we grow and become profitable, but right now that would just be suicide. Appart from big corps that are just increasing profit margins and dividends, I wouldn't be surprised if lots of small businesses are in a similar situation where they would love to hire seniors but the pool that was dumped by big businesses is just too expensive for them. Would be interesting to see the job market as a stock market I'm pretty sure atm lots of these 150k/year profiles would now be 75k/year max since the big corps dumped their stock. Smaller businesses don't have that kind of capital since VC dried up.

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