5min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E58: November's CPI, preparing for a downturn, macro outlook, Better.com's botched layoffs & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Loss of Jobs Is the Cost of Capital

The CEO of a tech firm was forced to lay off 15 per cent of his staff. The company had been over-valuing its growth by taking too much money from soft bank, he says. He asks: How do you lay people off in this era of remote work? 'It's unfortunate, but i think it's just this new world that we're in,' the former boss adds.

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