Start-ups spring from ashes of big tech purge
Supantha Mukherjee, Martin Coulter and Krystal Hu
Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13 per cent reduction of its workforce as the advertising market cratered.
Days later he was back working, seeking investment for his own company Nulink, a blockchain-based payment company, and sent pitches to start-up accelerator Y Combinator and Andreessen Horowitz’s cryptocurrency fund.
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Reuters
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