@KraftTea@mastodon.social2024-12-17 23:05:07
This situation actually reminds me a bit of the dotcom bubble collapse in the late '90s / early '00s, with slight differences.
Declining stocks & VC led to a bunch of startups initially being unable to obtain additional funding. To make matters worse, ad demand started falling, leading to lower revenues for ad-based internet services.
In this case, a decline of ad demand is trailing dotcom revenue shortages. I suspect currency & stock weakness & a slowing econ…
@blakes7bot@mas.torpidity.net2024-11-08 20:47:50
Series B, Episode 06 - Trial
BLAKE: Yes ... I don't suppose you know how to speed up the timer on a hom- [Sees that Zil is out of earshot] - homing beacon? Yeah. [He straightens up and starts after her. Zil has collapsed.] Zil, what's wrong?
ZIL: Zil is lost. [The ground opens near her. Blake scoops her up and walks off with her.] The Host will take...
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@KraftTea@mastodon.social2024-12-17 22:40:04
Sounds like Russia's tech industry - including internet, software, etc. - is seeing sharp declines in revenue, with widespread, major layoffs.
"The economy is in s***. It seems like everyone really needed IT specialists, there was a shortage of personnel, and all that. But the market has no money for development, the marketing tools have collapsed. Although both marketers and IT specialists are needed, there is no money. But everyone is hiding this."
