Funding rose 64% and hiring fell 10%. That's the story in startups.
Across the 50,000+ US startups on Carta, the past 3 years have seen nearly 1 million people hired and over $300 billion raised.
But the trends are in exact opposite directions.
I don't have data from say 2008, but at least since 2013 we have never seen a period where total hiring fell while total funding rose by leaps and bounds.
Startups truly are building with smaller teams.
The big remaining question: what will the 2026 hiring number be? I wonder if you think it's over or under 250,000...
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