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winphone1974

Man, total amateur hour. A layoff post without talking about how it's the hardest thing the CEO has ever done, or saying the responsibility lies with me? No mention of how deep he cares about those departing? And delivered on a Monday? Why didn't they use ChatGPT to compose this like everyone else?

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Yes, the proper style is:

Leading venture capital innovator, YCombinator, is delighted to announce that over 80 percent of our team remain unimpacted by recent employment-related issues, while other team members will be exploring exciting new opportunities going forward

Makes me question their hiring.

If they were good, surely these people could be absorbed in other areas of YC?

I doubt the late stage investing team will suffer that much. They'll probably move to similar high paying roles shortly.

Shortly? Which company would hire late stage investors right now?

these people are most likely already independently wealthy and can retire if they choose to

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