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It is actually cool to do a startup following a burst in some ways. I remember early days of my uncle's start-up in 2001 and there was little pressure of making
by zaidf 20y ago
It is actually cool to do a startup following a burst in some ways. I remember early days of my uncle's start-up in 2001 and there was little pressure of making something to sell off in a year or two. You knew if you did a start-up it was either for the long haul or you don't do one. That is an important lesson for hacker entrepreneurs today: just because you CAN launch another idea technically you shouldn't if you already have something promising going on.
Plus it made for nice media stories to "survive" the bubble.
I forgot to mention the current salary is 2-3x what was being demanded back in '01-02 in India.