We should qualify “made it“
I graduated into the dot com bust as a programmer and made it – you will too
11–20 of 322 posts
Re: I graduated into the dot com bust as a programmer and made it – you will too
#12Anecdotal and not universal.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#13Start coops. New graduates typically produce billable projects that generate far more than they are paid.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#14All of a sudden my unsexy junior dev job at shitcorp isn't so bad.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#15Financial crisis is nothing new to the current working generation. We're getting kind of good at it I think..
Sometimes I feel like my entire life is just one crisis after another. You do get used to it after awhile.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#16In the age of RSUs, graduating in the middle of a recession is financially incredible IF you managed to get the job before all the hiring freezes AND it is at one of the publicly traded big N companies with good trade volume. Your RSU price is lower, you get more stock units for the same dollar amount at the time of joining in your initial grant (arguably much more important than refreshers). I have a friend who rece…
Don't count your chickens before they vest, in 6 months somebody might be getting them at $90
Yea, but who has more time for the market to swing back up than a 22 year old?
Re: I graduated into the dot com bust as a programmer and made it – you will too
#17What’s the basis for this recession being dotcom level for tech and engineers broadly?
Re: I graduated into the dot com bust as a programmer and made it – you will too
#18In the age of RSUs, graduating in the middle of a recession is financially incredible IF you managed to get the job before all the hiring freezes AND it is at one of the publicly traded big N companies with good trade volume. Your RSU price is lower, you get more stock units for the same dollar amount at the time of joining in your initial grant (arguably much more important than refreshers). I have a friend who rece…
That's not that financially incredible. That's the price that MSFT was at less than a year ago.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#19Re: I graduated into the dot com bust as a programmer and made it – you will too
#20Anecdotal and not universal.
I thought so too - if you're solidly upper middle class, then you'll usually stay solid upper middle class.
The author went to Loyola Uni, a private US uni, which according to this site at least is 50% more expensive than the national average non-profit uni [1], indicating a well-off background. Wealth begets wealth in form of connections, which is what the author shortly refers to:
>I do know someone who works at Loyola, whose husband works at a real estate company. They need a database programmer.
So yeah, if you're 'outside' these groups/classes, chances are you may not make it.
[1]https://www.collegecalc.org/colleges/illinois/loyola-univers...