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Ask HN: How was life for a regular dev during the dot com burst?

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Re: Ask HN: How was life for a regular dev during the dot com burst?

#151
post #20

Earlier quoted context omitted.

> To be fair, true developers were not really negatively affected at least not more so than other professions. That was my experience as well, all the weird roles got cut in companies, all the crazy extras removed, but the companies that had working business models kept on trucking and hiring competent developers, and competent developers at unsustainable businesses had no trouble finding new work. Because at the end…

Austrian school of economics believes that occasional recessions are useful because they destroy bad ideas (not exclusively bad ideas, but many bad ideas) and therefore free up resources for new ideas. Some of which will be good, some bad. For a huge example: Madoff was only discovered because of the 2008 crisis. SEC had plenty of evidence against him for years before that, including the fact he did not actually trad…

    occasional recessions are useful because they 
    destroy bad ideas (not exclusively bad ideas, 
    but many bad ideas) and therefore free up resources 
    for new ideas. Some of which will be good, some bad.
I feel this was absolutely true for the world of internet applications.

The stuff built in the early dot-com era was typically garbage from a technical standpoint. Heaps and heaps and heaps of spaghetti code written in PHP, Perl, and ASP Classic. You could theoretically write maintainable code in those technologies if you were truly dedicated but this was decidedly not the norm.

Think of literally any basic best practice for writing either the server or client portions of a web application that we might follow in 2019. In, say, 1997 those best practices hadn't been invented yet and even if you traveled back to 1997 in a time machine you couldn't implement some of them since the technology hadn't been invented yet.

From a technical perspective, roughly 2002-2006 was when things started to get really good from a technical standpoint.

- A lot of untalented folks (people calling themselves "developers" but with no real coding ability) were filtered out of the industry.

- A lot of lessons had been learned about how to build this stuff.

- More and more people were getting high-speed internet access.

- The use of AJAX to build responsive client-side applications became a thing, thanks largely to...

- ...Google, who released two absolutely world-shaking web applications in Gmail and Google Maps. These became something of a guiding light in a number of ways. Both from a technical showcase of what could be accomplished with web standards, and a design perspective... it showed a lot of pointy-haired bosses that what people wanted was minimal design and maximum usefulness, not a flashy multimedia experience.

- Other "Web 2.0" tech like RSS matured and enabled LOTS of cool demos (sadly we've moved away from this...)

- Pressure from Firefox forced Microsoft to finally embrace some more web standards and we edged away from the brink of a Microsoft-ruled internet

Re: Ask HN: How was life for a regular dev during the dot com burst?

#153
It was late '99 or early '00 when I went to work at my first "tech" startup. We'd raised 70-something million, and all the stars were aligning. We'd go to lunch and bring a calculator so we could work through "worst-case scenarios" millions of dollars were in our future. I remember passing up other job offers that also included a lease of a new BMW as part of the signing.

Of course, with the down-turn, and given that we were effectively trying to position ourselves as CRM middleware, all bets were off. The business dried up, and our burn-rate was through the roof. Word got out the day before about the upcoming layoffs. The next day there were kegs of beer that sat out in the engineering pits.

IT had a helluva time, as a lot of people walked off with their laptops and company-issued phones. The dirty secret was that there was also a complete (still shrink-wrapped) palette of brand new 2U Dell servers in the loading bay that mysteriously went missing in the CO office that day.

Like a naive babe in the woods, I survived the first 2? maybe 3? RIFs. Even as I was building a website that listed all of our hardware and furniture for sale, and unracking and packing all the servers from the colo—I still didn't get it. Reality hit like a brick.

I was lucky enough to fall in with a good group of folks who continued to follow each other to other companies either as employees or as contract work for the next few years. There were maybe one or two scary months, but overall it was manageable. (Also lesson learned: your network is THE MOST IMPORTANT THING)

Re: Ask HN: How was life for a regular dev during the dot com burst?

#156
I had a summer internship at HP while I was in college. (I graduated in 1992.) When I graduated, the assumption/expectation was that they would offer me a job. They hesitated, and a manager who was unusually nice to me explained that HP hires people who will stick around for many years -- and thus, they weighed every hire carefully.

He went further and said that several years before that, when there had been a recession, everyone at HP -- all the way up and down the ladder -- worked 9 days out of 10, and took a 10% salary cut, in order to ensure that there wouldn't be any layoffs.

People spoke about the company, and how it treated employees, with great pride, and the way that they treated workers during hard times was one major reason for that.

If nothing else, I learned from these stories that the boss/owner should be paid last, after all of the employees receive their salaries. I've done that whenever I've had employees, and I credit that lesson not just to general business ethics, but to a sense that business is about much more than just profit.

It's hard to imagine a modern company taking such steps to avoid layoffs, but the story continues to inspire me nearly 30 years later.

Re: Ask HN: How was life for a regular dev during the dot com burst?

#157
post #26

It was a rough point in time. In the dot com boom, people who could rub two lines of visual basic (for applications) were getting jobs. If you did not like your job, you could make a phone call and have a few offers waiting for you by the end of the day. Glorious stock options at promising startups after fleecing larger companies in panics about y2k and missing the boom. The parties and travel... We were joking about…

I didn't expect a reference to the Wheel of Time.

Re: Ask HN: How was life for a regular dev during the dot com burst?

#160
post #156

I had a summer internship at HP while I was in college. (I graduated in 1992.) When I graduated, the assumption/expectation was that they would offer me a job. They hesitated, and a manager who was unusually nice to me explained that HP hires people who will stick around for many years -- and thus, they weighed every hire carefully. He went further and said that several years before that, when there had been a recess…

Thanks Carly.
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