Re:Tech jobs boom like it's 1999
by rmason on Thursday April 21, 2011 @12:51AM
(#2469484)
The difference between now and 1999 is that it boomed everywhere including even here in the rust belt. Now the action is limited to a few counties in the entire country.
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In 1999 I was living in Orlando, Fl, of all places. I was a warm-body "consultant" for a "software company" whose business was really selling my time to customize their crappy website software at $275/hr (out of which I was paid $30/hr... not bad for a 19-year-old dropout, which is the point I guess). My stock options were priced at $280/share if I recall.
This time around sure does feel bubbly in San Francisco, but as you say it's only like that in a few areas which happen to overlap with concentrations of journalists.