EPISODE · Jan 26, 2023 · 20 MIN
Unicorns, camels and the tech crash
from The Decibel · host The Globe and Mail
To cope with the rising interest rates and higher-than-normal inflation in the economy, many tech companies are changing how they do business, focusing on turning a profit over growing revenue or market share.Technology reporter Sean Silcoff explains why for many years, forgoing profit was a good bet for startups, why that focus has led to mass layoffs in today’s shakier economic reality, and how some companies are thriving in these tough times.Questions? Comments? Ideas? E-mail us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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What this episode covers
To cope with the rising interest rates and higher-than-normal inflation in the economy, many tech companies are changing how they do business, focusing on turning a profit over growing revenue or market share. Technology reporter Sean Silcoff explains why for many years, forgoing profit was a good bet for startups, why that focus has led to mass layoffs in today’s shakier economic reality, and how some companies are thriving in these tough times.
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Unicorns, camels and the tech crash
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