[cothomps]

1) I was fortunate enough to be in a good place where my wages were not hit terribly hard, but there was a big slowdown in wage growth.

2) I did take a pretty dull "and stressful for being that dull" job with an insurance co. as a senior developer after the startup (probably closer to 'small biz' at that point) I worked for had a major restructuring. The dull job did allow me to focus a bit more on some other freelance/networking opportunities.

3) As a few have noted, the biggest thing afterwards seemed to be the outsourcing wave. That plus the sudden glut in the market seemed to nearly wipe out entry level opportunities. There was a period of time where I (being only 6-7 years out of college myself) don't recall working with a single new graduate.

[cothomps]

I'll note that one positive in the industry is that people put some serious thought into working in a way that was more productive than dot-com crazy and we all took Agile methodologies seriously.