100,000 is just a number in "tech" firms, which is a board category. 100,000 is a lot, but not really a lot compare to the current situation of the economy. You should look at how many of those layoffs are strategic, and many of them are just "cutting fats". I assume many company are using the time to cut their fats.
yup, and also for companies whose stock prices are depressed (all of them), this is one of the only meaningful things they can do for investors in a recession. and frankly they can rehire people later for lower wages...i see a huge wave of salary resets going through the valley. developer wages were out of control, at one point last year i wouldn't even look at anything under $150k. now i have a lot of experience, but even i found these salaries absurd for developers. thats going to change.
I know. Not much except that I have to move there and risk their business don't drop 50%. The other risk I am taking is I am leaving a comparable company in Canada, but a intermediate position.
Based on that, I would say that it is worth it. If they are offering you a job right now, it's not likely that they are considering cutting it any time soon. SV is a great place to be if you want to branch out (I'll assume you do as an HN member), and moving up to senior cannot hurt either.
Scoble doesn't know anything about VC. They are just the middlemen, they need to report back to their investor. Do you think they risk funding you and take the heat explaining to their investors?
I can criticize bill gates for not investing in my dog breeding business becuase it could get bigger, and keep on whinning, but what is the point?
