RIP Good Times | On the Future of Big Tech

Lora Kelley

The trouble in Silicon Valley goes far beyond the tumult at Twitter and the implosion of FTX; in the sixteen months since Facebook rebranded as Meta, the company has shed thousands of employees, including 11,000 in a single round of layoffs, and has extended its hiring freeze. Across DoorDash, Stripe, Lyft, Salesforce, and other companies, more than 150,000 tech workers lost their jobs in 2022 alone, and stocks have taken...

A Necessary Credential

Lora Kelley

On a balmy Monday evening last summer, I attended a networking event for young venture capitalists on a rooftop in midtown Manhattan. I asked some if the state of the economy — teetering, as it seemed to be, on the brink of a recession — worried them. One recent Harvard graduate, standing with a view of Grand Central Terminal, told me that, on the contrary, he was excited for the...

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