company finances

Imagining a scenario in which you get laid off is not a fun thought exercise. We all want to have job security, and it’s stressful to think that we might not. But the worst-case scenario is that you get laid off and it takes you completely by surprise. A better scenario (although still a sucky one), is to get laid off, but be prepared to chase your next opportunity. Today, Nicole shares six signs that your company might be announcing layoffs.

Originally aired Oct 20, 2021. Imagining a scenario in which you get laid off is not a fun thought exercise. We all want to have job security, and it’s stressful to think that we might not. But the worst-case scenario is that you get laid off and it takes you completely by surprise. A better scenario (although still a sucky one), is to get laid off, but be prepared to chase your next opportunity. Today, Nicole shares six signs that your company might be announcing layoffs.

Today, we kick off the episode with Coinbase’s several hundred-person layoffs (3:23) and the EU’s crypto regulation in progress (23:15). We cover Netflix talking with Roku to help run its planned ad-supported tier (35:18). Our Startup of the Day is Catholic Prayer and mediation app Hallow, partnered with Mark Wahlberg for promotion (41:03). We’ll also showcase Prey, a company that helps protect laptops from theft, which our producer Justin should’ve used in his recent burglary (47:57).

(0:00) Jason and Molly tee up today’s news stories
(2:30) Apply today to Remote Demo Day - at remotedemoday.com and pitch +10K investors of thesyndicate.com, and close your round
(3:23) Coinbase laid off 18% of its staff after a crazy few weeks in the crypto space
(14:44) Wealthfront - Get your first $5,000 managed for free, for life at https://wealthfront.com/TWIST
(15:59) Looking at Coinbase’s strongest quarter to date
(22:01) Thorne - Personalized, scientific wellness. Go to https://Thorne.com/u/TWIST
(23:15) EU Crypto Regulation is approaching
(34:02) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(35:18) Netflix has reportedly reached out to competitors like Roku and Comcast for help with ad sales
(41:03) SOTD: Catholic prayer app Hallow raised $52M and has ads featuring Mark Wahlberg
(47:57) WLitF: Prey app + Producer Justin’s robbery story