Hacker News new | ask | show | jobs
by gilbetron 1874 days ago
Having been there as an adult, I can say right now is a far better time to walk away with riches. There were a lot of scams that made scammers money, but very few made real money if they were legitimately trying to build a business.
1 comments

I agree with that. Certainly there were lottery winners who got in on the ground floor of ultimately very successful companies. And there were others who had disposable income who bought into companies like Yahoo early and got out in time.

But, in general, salaries were mostly unexceptional in tech even in Silicon Valley, a lot of companies went bust, and even most of the surviving firms--including the big systems/storage/chip/networking/etc. players--went through some very lean years with a bunch of layoffs.

True. I think there are more lottery winners today, but we know the names of the previous generation more.