Pandemic Layoffs Revisited
The discussion dives into the tough decisions startups faced during the pandemic, particularly the painful layoffs made by companies like Toast. With a sharp revenue drop initially, the conversation explores whether those layoffs were necessary and how hindsight can cloud judgment. On a brighter note, the importance of diversifying revenue streams emerges as a key factor in Toast's remarkable recovery, showcasing resilience in the face of adversity.In this clip
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Equity
Private equity giveth, and private equity taketh away
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