> The second type of tech company is something like WeWork Perhaps you can edit ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

gumby on Jan 11, 2023 | parent | context | favorite | on: Why are there so many tech layoffs, and why should...

> The second type of tech company is something like WeWork

Perhaps you can edit to find a better example? There is no more technology in WeWork than there is in a corner sandwich shop.

anonuser123456 on Jan 11, 2023 [–]

Which is parent posts point. A lot of unicorns are “we marginally improve user experience via technology with a low barrier to entry”.

This was the .com era all over; people believed that the first company to own “pet food.com” would somehow corner the market on pet food exclusively.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact