Ask HN: Do multiple short stints in startups hurt even if you've learned a lot?

Description

I’m trying to get an honest perspective on how hiring managers evaluate candidates with startup heavy experience and short tenures. I have ~4.5 years of experience as a software engineer, mostly in early-stage startups. My path looks like this: Startup 1 (~1+ year): joined early, worked closely with the founder, learned a lot across product and engineering, but the company shut down due to funding Startup 2 (~1 year): contract role where I worked on scalable systems and LLM-based features St