Dave Morin Characterises Significant Layoffs As "Just A Realignment" Of The Company

15 October 2013

Valleywag:

In response to question about layoffs as a bad sign for a startup in growth mode, the Path spokesperson said, “It’s just a realignment of the company. I wouldn’t read anything into it. The business is strong we have 20 million users.”

That’s such a Silicon Valley startup response to an invasive question: using buzzwords such as ‘realignment’ and falling back on usage statistics to determine success rather than profitability to mask a real concern …