this post was submitted on 27 Jun 2023
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[–] ritswd@lemmy.world 7 points 1 year ago

I’ve been part of a startup that was looking to exit shortly, and yeah they go through all kinds of long-term-destructive behavior just to make the numbers better on the short-term. I do also think a shrunk IPO timeline because of the tech VC market tightening is the cause of all of this.