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Venture capitalist slams 'useless' Google employees for draining the economy and ‘taking money away’ from the workforce’s retirement programs. Is he right?

Moneywise
Summary
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70% Informative

David Ulevitch is a venture capitalist at Andreessen Horowitz .

He thinks most tech workers aren’t doing anything at all.

He says they are taking money away from the rest of the workforce's retirement programs.

Layoffs are often a sign of difficult times in the sector, but not always.

The last time the U.S. saw a high unemployment rate — 14.7% — was in April 2020 .

This article provides information only and should not be construed as advice. It is provided without warranty of any kind..

VR Score

61

Informative language

53

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24

Article tone

informal

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English

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41

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not offensive

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not hateful

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short-lived

External references

18

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