I took it as "bounce up" = reboot, refocus, jump to a better / better-suited position, use it as an opportunity for growth / moving up. "Bounce down" = settle f

I took it as "bounce up" = reboot, refocus, jump to a better / better-suited position, use it as an opportunity for growth / moving up. "Bounce down" = settle for something worse quickly, victimize yourself, take it too personally, etc. Many of the people I've let go fit this pattern. I always tried to do what I could to help them use the firing as a way of "bouncing up" (although I don't think I was very successful). FWIW, I used to follow the careers of the first few people I let go. Not sure why exactly - combination of guilt and curiosity. I bet doing so is pretty common with younger founders / executives.