No one said anything about tech dying (I said startups), but a repricing for sur... | Hacker News

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		arberx on Sept 29, 2022 \| parent \| context \| favorite \| on: Meta announces hiring freeze, warns employees of r... No one said anything about tech dying (I said startups), but a repricing for sure. We don't even know the market demand for these products because cheap money has made everyone a startup founder, and every company pivoted to providing a "tech" solution when it might not have been economically viable or provided any profit.

andsoitis on Sept 29, 2022 [–]

> No one said anything about tech dying (I said startups)

You wrote: “Since most tech/saas companies sell/support other saas companies, they all go down.”

sgerenser on Sept 30, 2022 | [–]

“Go down” presumably meaning stock goes down, not “goes bankrupt.”

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