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They were in school during the Dotcom boom. It was a similar wave of conformists and anyone who had any inkling of doing a bit of HTML joining the fray until th
by christkv 4y ago
They were in school during the Dotcom boom. It was a similar wave of conformists and anyone who had any inkling of doing a bit of HTML joining the fray until the collapse came.
This feels like a mini Dotcom crash. The big companies will survive but will shed workers. Underfunded companies will go under, and other companies will scape by with minimal staffing, waiting for the industry to turn around to look for funding.
The recovery will be slower with lower valuations and longer time in-between rounds. General and stock comp will probably take big hit.
- dehrmann 4y ago> This feels like a mini Dotcom crash The differences this time are the companies are much bigger, but they actually have revenue. What I wonder is how many will go under this time because their only customers were other tech companies.