Earlier quoted context omitted.
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?
A 21 year old.
I graduated into the dot com bust as a programmer and made it – you will too
21–30 of 322 posts
Re: I graduated into the dot com bust as a programmer and made it – you will too
#22I was in the same situation as OP. I got "lucky" in getting a job in operations analysis instead of software development due to my poor GPA. A lot of my friends had their much higher offers delayed or rescinded while I kept my not-so-glamorous job at a Fortune 500.
I would say that 100% of my friends recovered and most have better career trajectories than I. You will make it through this. One bit of advice: don't be overly picky. Opportunity seems to favor those who do instead of sit on the sideline.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#23In 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
Assuming the compensation is 2/3 salary, 1/3 equity, that drop is only 10%. I'm worrying more about keeping my job than the value of my equity.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#24Re: I graduated into the dot com bust as a programmer and made it – you will too
#25Anecdotal 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 Lo…
> 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
Your conclusion isn't necessarily wrong, but many private universites offer fairly good financial aid packages for students whose families wouldn't otherwise be able to afford it. At the university I went to, there were definitely a lot of upper middle class students, but plenty who weren't as well; one of my good friends there actually didn't end up having to pay any tuition due to his family having fairly limited income (his father was a part time construction worker, and his mother couldn't work due to health issues). That's not to say that there weren't other advantages for students who came from more connected backgrounds, but attending a private university with a high cost isn't necessarily limited to only those from higher-income families.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#26Re: I graduated into the dot com bust as a programmer and made it – you will too
#27Anyone thinking of starting a company to see if this idea is viable? Asking for a friend
Re: I graduated into the dot com bust as a programmer and made it – you will too
#28It's funny how the author only concerned about YOUNG programmers worrying.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#29There's kind of a resume gap there between 2001 and 2020.
Re: I graduated into the dot com bust as a programmer and made it – you will too
#30Earlier quoted context omitted.
I think we can all agree that it was the first aquatic organism that bravely oozed onto dry land.
The primordial soup would like a word.
Julia Child had a great recipe for Primordial Soup!
https://en.wikipedia.org/wiki/Julia_Child
https://massasoit.instructure.com/courses/346438/pages/video...
Also a great recipe for shark repellent, that she made for the CIA.
https://www.cia.gov/news-information/featured-story-archive/...
And she showed how to bone a chicken Saturday Night Live: