Tech layoffs are creating a new era of scrappy (and humbled) founders TechCrunch
The onramps into Silicon Valley often include access to a smart mentor, a well-connected venture capitalist or even a rocket ship of a startup.
But an emerging class of founders is reminding the ecosystem how collapse can be an activator, as well. Laid-off talent is flocking to build startups within all sectors, from climate to crypto to the creator economy. And they’re hoping to course-correct where their alma maters — both Big Tech companies and small upstarts alike — went wrong.
New data from Day One Ventures, a venture firm backing seed-stage founders, shows how the seedlings are starting to bloom. Founder and GP Masha Bucher, who left her former life in Russia as a politician and TV reporter to become a venture capitalist, spun up a program to help potential founders in the wake of Stripe and Twitter’s recent layoffs.
She said she’s confident that at least 0.1% to 1% of the thousands of tech employees who were laid off this year could become incredible founders.
Tech layoffs are creating a new era of scrappy (and humbled) founders by Natasha Mascarenhas originally published on TechCrunch
An emerging class of founders is reminding the ecosystem how collapse can be an activator.
Tech layoffs are creating a new era of scrappy (and humbled) founders by Natasha Mascarenhas originally published on TechCrunch
