{"id":609772,"date":"2023-02-19T07:49:05","date_gmt":"2023-02-19T13:49:05","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/02\/19\/techs-next-great-mafia-laid-off-talent\/"},"modified":"2023-02-19T07:49:05","modified_gmt":"2023-02-19T13:49:05","slug":"techs-next-great-mafia-laid-off-talent","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/02\/19\/techs-next-great-mafia-laid-off-talent\/","title":{"rendered":"Tech\u2019s next great mafia? Laid-off talent"},"content":{"rendered":"
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Welcome to Startups Weekly, a nuanced take on this week\u2019s startup news and trends by Senior Reporter and Equity co-host <\/em>Natasha Mascarenhas.<\/em><\/a> To get this in your inbox, subscribe <\/em>here<\/em><\/a>.<\/em><\/p>\n

After tech\u2019s massive exodus of talent, we\u2019re starting to see laid-off talent start companies that are ambitious and aspirational in aim. I\u2019m talking about the legal analyst who got let go from Better.com starting a legal tech startup, or the head of safety at Twitter starting a Twitter rival with safety at the core. It\u2019s refreshing, and it\u2019s palpable.<\/p>\n

Is it something in the water? Is it breeding grounds from a specific subset of companies? Is it just easier to start a company these days? Unfortunately, it\u2019s hard to pinpoint what exactly is reframing risk in 2023. It may just be that 2022 is over \u2014 or it may just be that tech\u2019s great reset has reminded some that it\u2019s time to take the jump, as nothing can be taken for granted.<\/p>\n

It is worth noting that there\u2019s only a subset of people who can afford to take this risk, especially after haphazardly losing a safety net from an employer contract. In a previous piece, I looked at how some tech workers are responding to risk<\/a> by doing more due diligence on potential employers, taking on two jobs, otherwise known as over-employment, or reframing their personal finance mindset.<\/p>\n

The ones that can afford to jump into building might be a smaller cohort, but oh do they have stories to tell. Read my latest piece that digs into this trend of spin-offs in TC+: Tech layoffs are creating a new era of scrappy (and humbled) founders.<\/a><\/p>\n

If you still want to read more about how the job market is doing, I have two add-ons! Read this latest by Ron Miller, which gives us some needed hope on why the tech job market might not be as shaky as we think.<\/a> You can also find a comprehensive list of all of 2023\u2019s layoffs in this list<\/a>, put together by our SEO champion Alyssa Stringer.<\/p>\n

In the rest of this newsletter, we\u2019ll talk about a new podcast on one of tech\u2019s biggest startup competitions, a nudge of fundraising honesty and some surprising data around trends that are fizzling out. As always, you can follow me on Twitter<\/a> or Instagram<\/a> to continue the conversation. I\u2019m also writing on my personal blog, if you\u2019d like to follow along with the 1,821 other people who come to hang and be too wordy.<\/a><\/p>\n

Inside Startup Battlefield<\/h2>\n

Ready for a newsletter for your ears, anyone? The TechCrunch Podcast Network has a new podcast \u2014 and it\u2019s taking you inside one of the most anticipated startup competitions in the world: Startup Battlefield at TechCrunch Disrupt.<\/p>\n

Here\u2019s why it\u2019s important:<\/strong> The four-part series gets into the entire process behind the competition, from the application to the winner, and I\u2019m already eagerly waiting for the next episode (even though I was literally front row when this all played out). It\u2019s a must listen for hopeful applicants, curious VCs and anyone who cares about the storytelling behind early-stage startups.<\/p>\n

Listen to the first episode here<\/a>, or wherever you find podcasts.<\/p>\n