Lyft, on the other hand, plans to increase spending to win again extra drivers. Current and former employees posted on Twitter and LinkedIn over the previous few days informing their networks of the layoffs. At least 9 Mural staff have posted about being laid off in departments together with HR and recruiting, engineering and advertising. One former employee’s LinkedIn profile acknowledged she had been laid off due to “company restructuring.” It’s unclear how many total staff were let go.
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Typical profession backgrounds differ, however, broadly talking, venture capitalists come from both an operational or a finance background. Venture capitalists with an operational background are typically former founders or executives of companies similar to these which the partnership funds or will have served as administration consultants. Venture capitalists with finance backgrounds are inclined to have funding banking or other corporate finance experience.
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