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.
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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