LinkedIn shares drop 40%, erasing $10B of company's value

Re:LinkedIn shares drop 40%, erasing $10B of company's value by neelborooah on Saturday February 06, 2016 @12:32AM (#11046691)

As an engineer working at a "well-funded" startup, how can I prepare for the worst?

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by toomuchtodo on Saturday February 06, 2016 @03:49AM (#11047039)

Have 6-12 months in an emergency fund and be prepared to move out of SF if you'll burn through all of that fund.

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by base698 on Saturday February 06, 2016 @11:34AM (#11048365)

Don't sign a new lease or buy a house or a new car.

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by lmm on Saturday February 06, 2016 @06:57AM (#11047374)

Diversify. Put money in things that are uncorrelated with tech money. Keep your CV up to date and work on transferrable skills - e.g. see if you can get your job title changed to one that implies some level of management responsibility.

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by teen on Saturday February 06, 2016 @03:18AM (#11046989)

be good at programming?

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by angelbob on Saturday February 06, 2016 @04:32AM (#11047125)

Being good at programming is useful, but planning what happens if random changes in the business screw you is still useful.

I've been a software engineer for going on 20 years now. Have a plan, just in case, even if you're good at programming (I am.)

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by jfb on Saturday February 06, 2016 @08:12AM (#11047634)

Not necessary, still less sufficient.

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by neelborooah on Saturday February 06, 2016 @04:31AM (#11047122)

Hahah.

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