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E114: Markets update: whipsaw macro picture, big tech, startup mass extinction event, VC reckoning
All-In with Chamath, Jason, Sacks & Friedberg
Is There Too Much Middle Management in a Company?
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A lot of these companies just seem to, you know, get another 12 months of runway and other founders learned so many bad habits during that period of time. And I think now we're seeing that a lot of that is working its way out. Just look at the Facebook results the other day. FedEx, of all places, is laying off 10% of its offers officers and directors.
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