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by paradisevoicez 2031 days ago
> Startups have no credibility anymore to potential employees

Startups that have zero revenue and jacked up to their tits with investor money should have no credibility. Element.ai was in toronto and it was the talk of the town of the amount of funding they got with almost no revenue. And no one exactly knew what they were doing.

Their investors got the short end of the stick. Unfortunately its a human behavior that the most loud mouthed charismatic people will get the grease and will be funded while thousands of more deserving startups with real revenues and business models will die in a ditch due to lack of funding.