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Startups mushroom from the ashes of Big Tech purge in US

Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered.

Days later he was back working, seeking investment for his own company Nulink, a blockchain-based payment company, and sent pitches to startup accelerator Y Combinator and Andreessen Horowitz's cryptocurrency fund.

"As counterintuitive as it may sound, this layoff left me in a really good  ..
 

Read more at:
https://economictimes.indiatimes.com/tech/technology/startups-mushroom-from-the-ashes-of-big-tech-purge-in-us/articleshow/96703663.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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