On January 4th, 2023 Term Sheet, a well-known financial newsletter by Fortune (typically regarding PE/VC) posted a series of predictions regarding the calendar year 2023.
One of these predictions was the following:
“The 2022 norm has been to trim (10-20% of workforce), while the norm in 2023 will be to cleave (50%+ of workforce). Things will get worse before they get better.” —Mark Goldberg, partner, Index Ventures
I will not attempt to initially define all resolution criteria in this market and will instead attempt to handle any nuances/complications/data feasibility as it arises. If by end of 2023 I think it is not possible to confidently resolve this market in the spirit in which it was intended, I reserve the right to resolve as "n/a".
Any clarifications to the resolution criteria will be listed below, along with the applicable date:
[TBU]
🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ151 | |
| 2 | Ṁ22 | |
| 3 | Ṁ16 | |
| 4 | Ṁ15 | |
| 5 | Ṁ12 |