fromtheocean

3 ms·

1. 1.▲
   by fromtheocean 11y ago

   Why do you not think quality startups will be effected by this? Here's a scenario for you. A company is looking to raise a Series B. They make a lot of money. Close to $650k per month. However, they want to grow to 100 employees to tac
2. 2.▲
   by fromtheocean 11y ago

   There won't be one left. All of the Twitter, Uber, AirBnB engineers sitting around with no job will take the low hanging fruit working for $50k per year at your local startup. Good luck finding a job when there aren't any.
3. 3.▲
   by fromtheocean 11y ago

   That's not true. Even businesses that make money will die as a result of this. We're talking about a completely catastrophic event that puts 90% of the worlds tech sector out of work. The residual effects will be enormous.
4. 4.▲
   Ask HN: What other careers will you move into when the tech bubble bursts?

   14 points by fromtheocean 11y ago|38 comments