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Perks Vanish as Funding Recedes for Startups

As startups pull back on perks, what happens to staff?

 Executive Chairman Phil Wickham recalls the dot-com bust and how young workers at startups "struggled en masse" with the pullback.

Wickham, who is also the CEO of , expects that the current pullback of fortunes at startups won't be as severe, and that many workers may actually thrive in a tougher environment where perks are not the focus.

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