The next piece is going to be massive austerity measures. Facebook, Google and Microsoft are cutting every expense in this business. The top folks get hit harder at the bottom folks that are yada yada. I see no sign of Zuck taking medicine here; he's just resetting salaries.
J+M start the show by breaking down the two biggest stories in tech: Meta's 13% RIF, impacting 11K employees (1:23) and the Binance/FTX fallout (19:21). Then, Homeward CEO Jenny Schneider joins Molly Wood for another edition of The Next Unicorns! (40:35)
(0:00) J+M tee up today's topics!
(1:23) Meta lays off 11K employees (13% of the company)
(14:20) LinkedIn Jobs - Post your first job for free at https://linkedIn.com/unicorn
(15:45) Alternative strategies for Meta
(19:21) Binance/FTX fallout
(28:14) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(29:40) Impact on crypto VC
(39:13) Coda - The all-in-one doc for teams, sign up for free at https://coda.io/twist
(40:35) Homeward CEO Jenny Schneider joins Molly Wood to break down why she started a company that provides healthcare services to rural areas in America
(49:15) Challenges for Homeward
(57:42) Breaking down Homeward's business model
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