100% accurate. If you want to work at companies that don't make anything people buy, aren't profitable, and where the CEO's singular focus is raising another 18 months of runway, this is going to get a lot worse before it gets better.
But, if you work for employers like mine (we're hiring for multiple senior positions, by the way) all this is going to do in the short term is make hiring a bit easier. Honestly, I'm looking forward to the market getting a little more sanity in it. Bootstrapped or reasonably invested (e.g. non-VC) companies haven't been able to compete on comp in years.
But, if you work for employers like mine (we're hiring for multiple senior positions, by the way) all this is going to do in the short term is make hiring a bit easier. Honestly, I'm looking forward to the market getting a little more sanity in it. Bootstrapped or reasonably invested (e.g. non-VC) companies haven't been able to compete on comp in years.