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> and went to business school or law school. Familiar sounding story. I've got lots of friends who took it as an opportunity (or were forced by it) to switch o
by bigiain 7y ago
> and went to business school or law school.
Familiar sounding story. I've got lots of friends who took it as an opportunity (or were forced by it) to switch out of tech careers. Lots of people I know went and became things like paramedics (at least three I can think of), nurses, doctors, lawyers. A bunch were well enough off to be able to reinvent themselves creatively as photographers, musicians, DJs, producers.
(I'm from Sydney, so it didn't hit anything like as hard here, I was at what would these days be called a startup in the online travel industry. We'd hit $1mil in turnover @~32% margins in Jan and had an offer on the table which my would have turned my ~5% equity into a quite nice house paid for outright if we'd taken it. Then when Sept 11 happened we lost 90% of our US customer revenue over night (which was by far the bulk of our customers). Didn't _kill_ us outright, but it took us ~2 years to recover back to our next $1m month. We struggled on for another half dozen years before selling the business to a competitor, and I eventually spent my entire share proceeds from that sale taking a handful of friends out to a (very nice) dinner.)