Layoffs

🚨 BLACK FRIDAY SALE 🚨

Most were as puzzled then, as are people now. Adoption never comes through understanding.
🐻🐻🐻

Meanwhile SBF…

Marc Andreessen - Lessons from the 2000 dot-com crash.

“~5 "false dawns" where it looked like recovery was happening, until another stage of the collapse hit.”

Multiple rounds of layoffs

“The bottom did not come in until the demoralization was so comprehensive that the tech crash wasn't even generating news headlines anymore, it was just sad and depressing.”

“During the recovery, every single actual good thing that happened was painted as "TECH BUBBLE 2.0”
= journalists will be hatein