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At the annual Denver Startup Week I notice about a third to half of the startup industry is incestuous, that provides facilities for developers to work better.
by peter303 9y ago
At the annual Denver Startup Week I notice about a third to half of the startup industry is incestuous, that provides facilities for developers to work better. These are mainly code academies and coworking spaces. I feel if the tech industry ever ever has one of its periodic down turns, then this it could rapidly implode with all these developer services.
The reality is about half of the workers entered the tech industry since its last major down turn during 2000 - 2003 and live in the fairy tail land that it could not happen to us. Welcome to economic reality, suckers.
- speedplane 9y agoDon't count on that. If an economic downturn happens, it's entirely possible that the less experienced, but less expensive developers will do well. It may be the experienced one will feel the hurt.
- ryandrake 9y agoWe don't have to guess... What happened to each group during the last two tech/economic downturns (2000-2003 and 2007-2009)?
- speedplane 9y agoIn the tech bubble of the early 2000s, everyone got burned. In 2007-2009, few in tech were burned. Not sure that's relevant.
- peter303 9y agoIn recent downturns people without college degrees got burned. HR could ask for more credentials, even if they were less relevant than experience. Its just its been so long since the last IT downturn, the newbies feel invincible.
- gaius 9y agoThese are mainly code academies and coworking spaces In a gold rush, sell shovels.