Comment by VirusNewbie

Comment by VirusNewbie 4 days ago

1 reply

A lot of well funded VC startups poached liberally from big tech. A lot of VC money dried up (and some is now dry powder) because of higher interest rates.

If money pours back into VCs and they turn on the spigot again, you'll absolutely see the market change. Will it be significant? Maybe not in the grand scheme of things, or maybe it will, but to act like interest rates don't matter at all is silly.

anon7725 4 days ago

Not to mention the IRS section 174 changes to the deductibility of software engineer salaries. It was a gift to huge tech employers in that it provided head winds against hiring in SME tech companies.