Language Selection

English French German Italian Portuguese Spanish

5 years after the bust, a sober, new reality

Filed under
Sci/Tech

AT FIRST GLANCE, 18-month-old Jobster seems to have re-created the 1999 dot-com office cliché. The online recruiting startup occupies a loft in Pioneer Square with exposed brick, a wide-open floor plan, a ping-pong table and a dog running loose.

But the similarities between this young company and the dot-coms that fell before it end there.
The difference, as founder Jason Goldberg puts it, is:

"Web 1.0: arrogance. Web 2.0: humility."

Five years after the technology bubble burst and two years into its recovery, the hubris that shaped the 1990s tech startup is noticeably absent.

So are the five-figure signing bonuses, piles of stock options, lavish launch parties, $800 Herman Miller office chairs and the flawed assumption that a New Economy driven by technology was somehow immune from the old rules of business.

As the tech economy revs up again, a post-recession character emerges:

Drunken optimism is out; sober reality is in.
Job hopping is out; loyalty is in.
Living to work is out; working to live is in.
Greed is out; gratitude is in.

In short, the old-economy workplace is new again.

It's reflected in everything from more cautious hiring to smaller pay raises and fewer stock grants. It shows up in slower business growth, saner work schedules, and an almost violent rejection of the jackpot mentality that dominated tech companies when the economy was in full boil.

Full Story.

More in Tux Machines

Most popular web browsers among Fedora users

Google Chrome is the most popular browser in the world. It is so popular that some call it a new Internet Explorer. But that’s based on global stats. In Red Hat, I’m responsible for web browsers, so I wondered what are the most popular web browsers among Fedora users. So I asked through Fedora accounts on Facebook and Google+: “Which browser do you use the most in Fedora?” Read more

Life in a Post-Container World and Why Linux Will Play a Diminished Role

Containers have actually been with us since the late 1990s, but they are not the end of the story. The real transformation will come with a “serverless” future that will completely overturn the ops ecosystem. Companies will go out of business, new ones will spring to life, and thousands of people will have fundamental changes to their jobs. The shift to a serverless future is much bigger than your normal hype cycle — I believe the current container hoopla is a foreshock preceding a 9.0 quake. Read more

FFmpeg's Leader Resigns, Hopes To Make Libav Developers Come Back

Michael Niedermayer, the leader of the FFmpeg project for the past eleven years, has made a surprise announcement today: he's resigning as its leader. Niedermayer is resigning as he no longer feels he's the best leader for FFmpeg, given the current Libav fork still persisting even after Debian dropped Libav and is returning to FFmpeg. Read more

30 Sys Admins to Follow on SysAdmin Day

Systems administrators: They keep our high-tech world up and running. From capacity planning, to 3 a.m. phone calls, to retiring that 10-year-old server that uses more power than your whole house, sys admins do it all. Open source communities would not be able to thrive without the networks, services, and tools that allow for communication and collaboration, and sys admins are the ones who work thanklessly year-round to keep them going. July 31 is System Administrator Appreciation Day, a day for all of us to express our undying gratitude for sys admins. Sure, you could buy your favorite sys admin cake and ice cream, or perhaps a nice gift card. You could even go as far as not breaking the server for just one day. You also can follow these 30 sys admins. Read more