65- What does a market crash mean for design (and business) community?
The prices of tech companies have fallen dramatically. Facebook, Netflix, Google, Apple, and Amazon are all down between 20 and 80% since their record highs. Yikes.
Everyone is freaking out. But why? How does a market crash affect companies and us working for them? How does this affect designers?
In this Business Design Jam, we talked about:
-
the recent (mini?) market crash in the tech sector,
-
why Netflix’s stock price is down almost 80%,
-
and what Netflix can (and plans to) do about it.
To read more about the profit tree, which was mentioned in the episode, check out this guide.