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Having had a front row seat to the popping bubble in 2000: I can't think of a single instance where wash-outs (which is really what is being described in the a
by jpmattia 11y ago
Having had a front row seat to the popping bubble in 2000: I can't think of a single instance where wash-outs (which is really what is being described in the article) led to a wonderful outcome for employees.
Any other old-timers around that can name any?
- gedy 11y agoWell, I did get to keep a nice office chair from the office cleanout that I still use ;-)
- pfarnsworth 11y agoMost companies got hit hard, but the ones that survived have all thrived since then. It was definitely an extinction-level event for 90%+ startups it not more, and I think something similar will occur in 2016. It will be interested to see how many of the YC companies survive 2016.