Anyone who was around for the last Dot-Com Flame Out (affectionately called DOT-BOMBS) remembers how that scam went. Valuations were mostly based on revenue growth (it was the new-new economy but old-old venture money). Groups of Dot-Coms started “trading services,” many in the form of advertising, to make the numbers exceed what the old economy investors wanted. Yes, a token few pointed out these companies weren’t actually making any money, but the hysteria over exponential … Dot-Com Flame Out 2.0Read more
Wall Street Journal
Posted inInformation Technology
There Never Was a Skills Gap
It’s quite refreshing to find out that now even the Wall Street Journal is supporting the very statement I have made for years. There is not now, nor was there ever a skills gap. I love this quote from the article: I had an employer write to me the other day saying they had a skills gap, and they really did. It wasn’t wages, because they did market wage surveys, and they were paying what … There Never Was a Skills GapRead more