General Discussion
In reply to the discussion: Yelp Employee Fired After Public Post To CEO Saying She Can't Afford Food [View all]Retrograde
(11,416 posts)I've lived here for 40 years (yes, I remember when Googleland was still all farms): the consistent rule of thumb was that of every 10 startups, 7 would be gone within 5 years, 2 would be doing OK, and one would take off spectacularly (and I've worked at companies at both ends of the spectrum). Jobs come and go: I think I know maybe 2 or 3 people who have not been laid off or otherwise lost their jobs sometime in their careers: it's the boom and bust cycle of the area that's been going on since the first Gold Rush (and IMHO we're about due for another crash). What I'm seeing this time is a lot of young people with scant technological skills (and don't get me started on calling any old app a technology) who hear about the few people who make it big moving to the area and finding that the old caution "slightly higher west of the rockies" applies to just about everything except their pay.