Polygon Labs, a group of companies developing the Polygon blockchain, announced on Tuesday it has laid off 20% of its employees, or about 100 people. Polygon Labs cited its recent reorganization, which consolidated several businesses, as the reason for the layoffs. Polygon’s native token, matic, is among the ten largest cryptocurrencies by market capitalization, at $12.5 billion as of Tuesday,...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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