How Desire Paths can Transform your Digital Marketing title=
How Desire Paths can Transform your Digital Marketing

Twitter’s “Warning Shot,” Tech Stocks, and Why Layoffs Work [Video]

Finance for Women

Twitter’s “Warning Shot,” Tech Stocks, and Why Layoffs Work

Twitter’s massive layoffs affected the tech industry more than people think. For years, tech stocks ran with enormous valuations, with over-inflated workforces of employees getting paid six-figure salaries with even more impressive bonus packages. This wasn’t sustainable by any means, and as a new type of CEO steps in, tech companies are looking to get leaner, more operationally efficient, and return to their startup-like roots. But how does this reforming tech market affect the US economy?

We brought on Aman Verjee, founder of Practical Venture Capital, to explain what’s happening in Silicon Valley and what it means for your finances. Aman has worked in the tech sector for almost as long as it’s been relevant. From PayPal to eBay, Sonos, and more, Aman has been on the ground floor of some of the most promising tech companies, helping them operate with leaner teams while bringing in bigger revenues. And as an industry expert, Aman isn’t surprised or disappointed by the recent tech layoffs.

He touches on why these layoffs aren’t what most people think, how they could affect the overall economy, what CEOs need to know to survive this market, and what everyday investors should look at BEFORE buying tech stocks. Aman’s practical advice is CRUCIAL for anyone investing. And as the stock market becomes more and more tech-centered, knowing some of this information could help you make FAR more lucrative decisions on which companies you’re rooting for.

Show Notes at:
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Episode 388

#biggerpockets #biggerpocketsmoney #money388

00:00 Intro
01:06 Money Moment
02:00 On the Ground Floor of the Tech Boom
05:10 Tech Layoffs and Twitter’s “Warning Shot”
19:01 Could Layoffs Hurt the Economy?
23:20 No More Easy Money
31:45 What to Look for When Investing in Tech
40:54 The Future of Tech in America
50:25 Connect with Aman!
50:59 Build Your Exit Plan!

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