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Very interesting to read his advice to be wary of hiring the day after his post on the importance of hiring. These two posts aren't contradictory at all, but t
by the_watcher 13y ago
Very interesting to read his advice to be wary of hiring the day after his post on the importance of hiring. These two posts aren't contradictory at all, but those who read his piece yesterday and responded well to it should definitely read this as well.
- dasil003 13y agoI thought his hiring post was incredibly useful despite a couple disagreements I had. This one on the other hand seems much less useful. The fact is a bubble is only obviously in retrospect, and the forces that led to the dotcom bubble (completely unknown potential of "The Internet" combined with a deluge of dumb money due to easy IPOs and accompanying hype cycle) are no longer present, and thus any future bubble will look completely different and the conventional wisdom won't spot it coming.
- the_watcher 13y agoI think I agree. I think this post works in complement to the hiring one (mainly the treat your cash like the last you'll raise and the warning that people are a huge expense).