3 ms·
And a lot of those programmers in the .com boom ended up with stock that was worth zilch and a ton of people ended up leaving the industry in the 2001 or so per
by ghaff 2y ago
And a lot of those programmers in the .com boom ended up with stock that was worth zilch and a ton of people ended up leaving the industry in the 2001 or so period. I was incredibly luck to get laid off a couple weeks after 9/11 and to get another tech-adjacent job about a month later based on a lunch I had with someone I knew a few days after I was laid off. That was not a common experience in that period.
(Mind you, that wasn't a great stretch for me in terms of compensation. But a later job made up for it at least by my standards.)
- YZF 2y agoThere's always a range of experiences. Most of the people I know did ok through the .com bust and are still in tech. Some people had millions on paper and didn't sell and held on to it and not only was it worth zilch they also owed taxes but many really made millions. Pretty much anyone that had a job in FAANG or similar companies did really well from 2001 to today - a lot of people. Tech grew like crazy and took a lot of people with it for the ride.
- ghaff 2y agoCertainly the last 15 years in particular have been very good for a lot of people in tech even if they didn't hit a big jackpot in FAANG or wherever. I had a pretty ordinary tech industry job in that period and it set me up better than my whole prior career did.