Unicorns, camels and the tech crash
To cope with the rising interest rates and higher-than-normal inflation in the economy, many tech companies are changing how they do business, focusing on turning a profit over growing revenue or market share. Technology reporter Sean Silcoff explains why for many years, forgoing profit was a good bet for startups, why that focus has led to mass layoffs in today’s shakier economic reality, and how some companies are thriving in these tough times.
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Show Notes
To cope with the rising interest rates and higher-than-normal inflation in the economy, many tech companies are changing how they do business, focusing on turning a profit over growing revenue or market share.
Technology reporter Sean Silcoff explains why for many years, forgoing profit was a good bet for startups, why that focus has led to mass layoffs in today’s shakier economic reality, and how some companies are thriving in these tough times.
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