Comment on San Francisco start-up Seesmic laid off 18 employees this weekComments−pagekalisedown14yI'm all for failing quickly and pivoting into something better, but how does Loic Le Meur expect to attract future employees with such a track record?−jtchang14yWith promises of mounds of equity and hoards of cash?Startups are inherently risky. Loic made a very difficult decision (layoffs are hard). I am sure when he first hired those people it was in good faith. No one wants to fail.
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I'm all for failing quickly and pivoting into something better, but how does Loic Le Meur expect to attract future employees with such a track record?
With promises of mounds of equity and hoards of cash?
Startups are inherently risky. Loic made a very difficult decision (layoffs are hard). I am sure when he first hired those people it was in good faith. No one wants to fail.