I miss the moment my friends and i were comparing the multiple offers we had, chatting about which company we’ll join at the campus library late night (I graduated in 2016) Dude who had snapchat offer backthen had almost 1mil worth of stock comp as new grad Airbnb and Uber were full of optimistic vibe and top top talents (in 2016) Hanging out at Google campus with my google friends - eating nice lunch and stuff More adventurous friends joined series A,b,c startups, working until late nite with full of hopes & confidences that it will skyrocket Ordering In-n-out with doordash. Double double arrives at the door like magic Playing HQ trivia Business trips Using Instacart for the first time Netflix was rising crazy. Threatening all traditional media companies Riding Bird scooter that had just launched to the office - it was very cheap and fun to ride. Watching Bird gone to 2B valuation in 6 months Uber express pool that costs $4 for few blocks Downtown SF was alive at friday night Amazon was such a place for losers Equinox membership Celebrating growth milestones with team Making lots of money by investing in tech stocks using Robinhood Airbnb was cheap that it was always the choice over hotels Discussing about startup ideas with friends cuz everyone thought they were going to do it Shitting on all non-tech companies like Albertsons. shitting on bank ppl. Shitting on Amazon ppl. Optimistic vibe everywhere, software was eating the world Now they’re all gone. It was all bubble. It was all VC money. Albertsons, banks, and amazon are actually real businesses while Bird is worth 50mils now I got laid off RSU worth nothing now (i’ve joined pre-ipo) So sad
Lol I think of it as a positive. New grads shouldn't be making a million. It means something is unnatural and gives the feeling of impending doom. Granted I still have a job with 400k in cash so maybe biased.
The next boom will be actual, viable, sustainable, and financially strong tech companies that can turn a profit. Not short term, get rich quick schemes that are trying to “disrupt” existing industries without a clue as to how on the balance sheet.
I guess this downturn will teach humility to silicon valley tech bros. Shitting on people working for companies like Albertsons, Target was a dick move.
Salty
+1 Truth hurts, Rakuten.
Lol, wagies making fun for other wagies based on which plantation they work on. If you’re not a business owner it doesn’t matter if you work for the toilet cleaners or nasa
Hard times create strong men. Strong men create good times. Good times create weak men. Weak men create hard times.
Ok Joe
End of quote. Repeat the line.
Oh the irony of these posts. The arrogance is gone. So is the TC. Never to return
Well, it will return, but a dozen eggs will be $50
I graduated in 2020 and miss the 2020- 2021 vibes where faang were hiring crazy and the startups were offering crazy money to new grads
Yeah those were good times to be in. Dropbox still had Michelin star cafe in 2019, gone, everyone works from home
https://twitter.com/rncresearch/status/1608971109113946112?s=21
Guess we all know, who end up being a loser at the end.
This
Just to clarify, it's you, OP