In what way? There are a ton of different ways to answer this question. To raise money? Get a job?
Overall, the pendulum swung too far one direction (in excess) and then as it always does, swung too far back causing a depressed market in a lot of ways.
Talented developers still had jobs and could find work, albeit changing jobs took longer and pay/benefits were obviously affected, relocation became tough to get except in specific cases. But all the outsiders trying to make a quick buck exited or were tossed out and most stayed away for quite a long time, which to me has been a good thing.
Raising money became quite difficult but was still possible.
There was a lot of hype around things that weren't really issues, and a lot of glossing over things that were issues.
Enterprise work was the refuge for a lot of developers as it provided stability, solid pay and benefits.
If you are trying to compare it to now, IMO there are a lot of things that are similar and a lot that are very different, so I think its hard to predict what will happen. If you look at the US economy and history you will see a lot of boom/bust cycles, so it wouldn't shock me if we had a bust of some sort within the next 4-5 years.
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[ 4.7 ms ] story [ 11.4 ms ] threadIt was weird and distorted, and I got the heck out of there and haven't looked back since.
Overall, the pendulum swung too far one direction (in excess) and then as it always does, swung too far back causing a depressed market in a lot of ways.
Talented developers still had jobs and could find work, albeit changing jobs took longer and pay/benefits were obviously affected, relocation became tough to get except in specific cases. But all the outsiders trying to make a quick buck exited or were tossed out and most stayed away for quite a long time, which to me has been a good thing.
Raising money became quite difficult but was still possible.
There was a lot of hype around things that weren't really issues, and a lot of glossing over things that were issues.
Enterprise work was the refuge for a lot of developers as it provided stability, solid pay and benefits.
If you are trying to compare it to now, IMO there are a lot of things that are similar and a lot that are very different, so I think its hard to predict what will happen. If you look at the US economy and history you will see a lot of boom/bust cycles, so it wouldn't shock me if we had a bust of some sort within the next 4-5 years.