Given the recent correction of tech stocks in the last couple of moments tied with the invasion of Ukraine (heartbreaking), does it makes sense to look for a new position at a smaller startup, or are these companies at even greater risk now due to a potential “bubble pop”, so to speak? Is it better to look for positions at growth companies or larger (FAANG) during these types of market moves? What are everyone’s opinions?

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Nah it'll be fine. Be greedy when others are fearful. This will blow over.

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I'd be hesitant to join a smaller company - definitely seems like they're at even greater risk like you said based on what I've been reading.

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OOOH this is such a good question. Honestly in tech, I feel like you an still do start ups....but a more established company feels more secure to me.

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I try to stay somewhere in the middle and keep my ear close enough to the ground that I can predict layoffs (if you understand business, the air somehow feels heavier), evaluate my chances for surviving, and pivot accordingly.

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Thinking the same thing. I’m at a pretty solid company, extremely well situated in the market and has tons of cash. But my buddy just left for a very well funded startup that would potentially offer a lot more stock and he’s trying to get me to move there asap. Interesting times indeed

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I’ve wondered the same. My gut take would be that macro-events aside, smaller startups will always have less job security than large tech companies. There’s been several extremely well funded VC backed startups just this year that have laid off large portions of their staff. Curious to hear other’s thoughts…

Yep I was just reading about current lay offs. It feels kind of risky to me.

It all depends on the industry. MAMAA companies are going to be fine in the end. They are horizontally integrated in all the ways they need to be to land on their feet. Startups, I imagine, will take the brunt of the worst of the economic downturn

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