3 ms·
The difference this time around is that: 1: People started worrying about profitability years ago and are actually trying to make it happen 2: There are quite
by mkr-hn 16y ago
The difference this time around is that:
1: People started worrying about profitability years ago and are actually trying to make it happen
2: There are quite a few tech giants and hundreds of smaller tech companies with stable income sources
Remember that in '99 Microsoft hadn't launched XP, Google was years away from an IPO, and cell phones were still a luxury.
I think there are little bubbles here and there, but the pop won't be as devastating.
- stcredzero 16y agoWhat should the contingency planning consist of? Personally, I'm seriously considering quitting my job and moving to a startup hub. Should this affect my plans? Should I wait for the pop, plus 6 months, saving up money from my day job, then move?
- mkr-hn 16y agoI'm not too qualified on the specific sector, but if I were looking for a stable job, I'd look at the company's income sources and investments. I'm sure someone will be along with specific advice shortly.
- stcredzero 16y agoI'm not looking for a stable job. I'm considering when I should get rid of one.
- knowsnothing613 16y agowait until atleast Sept. QE2 ends in June. So the Fed will stop pumping money into the economy. You'll have a good idea if we'll slump into a double dip recession by September.
- haploid 16y agoWe will see. If I were a betting man, I would wager that Helicopter Ben will announce QE3 before June.
- socialmediaking 16y agoI think it has been pretty much solidified that the economy is not going to experience a double-dip.
- apenwarr 16y agoNo, that's exactly wrong. Go start your company and get your funding as fast as you can. Then hold onto it. When the inevitable dip (or "pop", for the zealous) comes, that's when you use that money to hire some recently-out-of-work engineers for cheap.