[FussyZeus]

I mean one could make a very similar argument between the displaced coal miners and the people who still work for a failing startup. You want to believe the good times are coming again and that desire to believe can override a lot of really good logical thinking.

Americans are hopeful, it's our single greatest strength and the source of our most disastrous failings.

[iamatworknow]

I think that comparison is a little weak. Most startups fail but some still succeed, and those working for the startups that are failing can look at the success stories and aspire to that, and it's not completely unreasonable for them to do so.

Meanwhile there's no coal mining company that's booming while others flounder. The whole industry is shrinking. It'd be more like if cell phones were becoming obsolete in favor of cranial implants or something, but you were still working on a social app for Android.

[FussyZeus]

Well I mean staying at that specific startup. Obviously the industry is fine. Maybe you really like the company, maybe you really like the coworkers, maybe the coffee's real good, maybe you just hate change. Whatever the reason that attachment can keep you at a place long after you know you should've left.