And I thought they meant “decadence” as in old fashioned decadence. No, I guess their actual morals arent improving.
Anyway, I’ve been through four Silicon Valley downturns. They will turn around again, likely very fast, unless Silly Valley has become too consolidated and bureaucratic. Then it will all pop up again somewhere else. This may be the time.
“I’ve been through four Silicon Valley downturns. “
I’d rate the 2001 Dot com bubble pop as the worst.
I too have been thru 4 SV downturns.
The worst was 2001 as they used it as an excuse to fire Americans and hire Indians.
A executive memo came out in 2002 saying: “Find anyway you can to write up employees for failure to meet targets”