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The whole market downturn begun months ago, since November as predicted. [0] That was the exact time to run away.

Many other small companies like Robinhood were one of the first to start downsizing quicker, which really doesn't surprise me since all the cheap money is now gone.

But the actual winners are the C-level executives, the VCs and any of the long term employees who cashed out.

[0] https://news.ycombinator.com/item?id=29508238



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