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Another thing age often brings: There's a ton of young people (20s-early 30s) in SV right now who didn't get to materially participate in the first (1990-99) or
by 827a 1y ago
Another thing age often brings: There's a ton of young people (20s-early 30s) in SV right now who didn't get to materially participate in the first (1990-99) or second (2010-19) tech revolutions. There must be a third, because FOMO.
- thaumasiotes 1y agoWhat was the tech revolution of the 2010s?
- ajkjk 1y agoIt was... the 2010s? the era where tech came back and everyone got rich again? startups and VCs and big goog and facebook and AI? all that?
- runako 1y agoThe sibling comments focus on the money side, but the tech drivers were mobile & cloud. The boom kicked off right around 2008 when the App Store launched.
- thaumasiotes 1y agoBoom? That was the "Great Recession". Not exactly the label you'd expect from a boom period. In 2010 I tried to apply to the place where I'd interned the year before and was told "we'd love to hire you, but we can't, because Amazon declared a hiring freeze".
- runako 1y agoI'm sorry to hear that. The data from the decade[1] shows that tech hiring ~doubled over that period of time. The slope was not as steep as the dotcom boom, but the downturn in tech ended in 2009. 1 - https://fred.stlouisfed.org/series/CES6054150001 https://fred.stlouisfed.org/series/CES6054150001
- 827a 1y agoThe decade of largest stock market growth in the history of humanity, primarily led by the growth of mega-tech conglomerates and venture capital-fueled exits? Maybe you missed it?