Re:LinkedIn shares drop 40%, erasing $10B of company's value
by ownagefool on Sunday February 07, 2016 @06:51AM
(#11052572)
I'm not sure the industry suffers from ageism in the way most people here think it does. The start-up community hiring cocky 24 year old team leads who refuse to heed advice from their seniors definitely aren't going to be hiring the older guy, sure.
However, remove the funding and force these companies to actually compete on merit and only those who are actually capable of delivering will still exist. At that point, hopefully, we'll see a rise of new leaders who actally value excellence.
The point is, we can only afford to value hipness over experience in bubbles and it looks like this one's about to burst. Of course, I'm not from the future, so I could be wrong.
However, remove the funding and force these companies to actually compete on merit and only those who are actually capable of delivering will still exist. At that point, hopefully, we'll see a rise of new leaders who actally value excellence.
The point is, we can only afford to value hipness over experience in bubbles and it looks like this one's about to burst. Of course, I'm not from the future, so I could be wrong.