Layoffs and Market Shifts
Companies like Blend and Better.com faced significant layoffs after rapid expansions during the pandemic, driven by a surge in mortgage and refinancing activity. Despite their growth, rising interest rates caught them off guard, raising questions about their long-term strategies and financial health. The discussion highlights the challenges of scaling in a volatile market and the implications for employees impacted by these decisions.In this clip
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Equity
Does it smell like teen spirit, or teen bankruptcy?
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