And though it’s not a foregone conclusion that we’re in one, we’re in more of an economic downturn than this time last year, experts say. Technical.ly reached out to some entrepreneurs and biz experts in our network for the best advice they’d give to early-stage founders right now. “During times of uncertainty, such as COVID-19 or a potential recession, early-stage startups may have an opportunity to use the slowdown to their advantage. I encourage startups to spend on product and people, not legal or finance, no equipment upgrades or conferences and off-site events. CEOs of software companies must be acutely aware that many of their buyers are being asked by senior management to rank the criticality of their technology spend.
But most of all, Cook remembers his days at Atlanta HBCU Morehouse College, where students were encouraged to put service first. Over a decade later, Cook is the director of technology programs and curriculum at Wilkinsburg-based community center Community Forge, and a self-described hip-hop technologist. Although Cook is aware that hip-hop isn’t always associated with positivity he focuses on a definition rooted in healing and honoring cultural traditions. “It means that I’m using technology for my community,” Cook told Technical.ly. Amil Cook on working with young peopleYou might consider hip hop and technology to be two areas with little overlap.2 months ago Technical.ly
Tech companies have been purging employees for a variety of reasons, including over-hiring in years before, and bracing for a possible recession. In 2022, 1,044 tech companies laid off nearly 160,000 employees, and so far in 2023, 312 tech companies have laid off 97,000 employees, the Layoffs.fyi tracker found. Locally tied startup Equipt, is aiming to help these displaced technologists with a new initiative: Equipt for Success. Their business model includes a charge for companies looking to connect with the diverse tech talent the platform has been attracting. For their community, Dagbo said, a big value proposition is that most members are going through a similar journey.1 day ago Technical.ly