Hacker News new | ask | show | jobs
by aiisahik 811 days ago
Hang in there, everyone. This is what happens when interest rates are high, LPs prefer to plow money into fixed income or public markets and VCs with what little funds they have prefer to be in AI. 2011-2022 was an unusual golden age for software engineers with 2021 being the absolute peak. The current state is an usual low while the overdose is wearing off.

This is not you - this is just the nature of the cycle. You got to enjoy the high but how you have to survive the lows. Conserve cash; do work for comp that you once thought was once below you. The good times will come again. Don't get too down about it but also don't get too stubborn about maintaining what you once had.

2 comments

Ultra-low interest rates like in the past 15 years are historically an anomaly: https://upload.wikimedia.org/wikipedia/commons/3/3f/Federal_... Nobody knows how it will develop in the future.
> You got to enjoy the high but how you have to survive the lows.

But I have been in the same employer for the last 6 years, so I didn't get to enjoy the high :/

some people get high on 6 years of steady employment. Are you still working there?