Did Anyone Not Bail Out Of Silicon Valley?
from the wow dept
These numbers seem somewhat surprising. While it was clear that a lot of people bailed out on Silicon Valley or moved on to non-techie jobs after the bubble burst, it's still shocking to learn that more than half of Silicon Valley workers left the area or the tech industry since 2000. Of course, the last laugh may be on those who left. Those who stuck around had their incomes rise, while those who moved on had their incomes stagnate.
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You know better, Mike.
The people who left now enjoy a higher standard of living in other jobs, while those who stayed in the valley are suffering plumetting property values for the houses they bought during the bubble... so who will have the last laugh?
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Re: You know better, Mike.
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Re: You know better, Mike.
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Re: You know better, Mike.
Seriously, I know four people who have bought houses in the valley in the last six months -- and every one had to overbid the already ridiculous prices. Housing prices here are still insanely high.
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Re: You know better, Mike.
The gambling life is there for people who want it, I suppose. Nice to be in a new job field where I'm not tied down by geography. ;)
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Incomes rose?
I certainly haven't experienced it myself, and I stuck around -- but just because I love it.
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I had a job but I left.
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Re: I had a job but I left.
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