You just made my day. You are the second person that I have spoken to this
week who believes it is more like 1996, and I definitely hope so. I had a
good exit (3 f**ing weeks to late) with my startup during the first wave and
we all know the difference between good and great. Really glad that I can
experience this all over again. And btw back then I had to fend off angry
grannies because I did not let them invest back them (imaging 80 year olds
screaming at you, no kidding)

Thanks

On Thu, May 26, 2011 at 6:20 AM, Peter Bell <[email protected]> wrote:

> @Martin,
>
> Quite! Although I've heard some reasoned discussion that it's more like
> 1996. Which means there is still a little time to lay up some profits while
> the money is out there.
>
> This is an amazing time to work at a funded start-up. Good cash comp,
> interesting work, some upside in the form of options. Just make sure to save
> a chunk of your salary so when everything finally does implode you'll be
> able to ride out the down times.
>
> And there's an easy way to tell approximately when the good times will end.
> It will be about six months after your Grandmother sees an infomercial and
> puts retirement money into a special hedge fund selling derivatives that
> somehow avoid the sophisticated investor laws but that are backed by a
> secondary market in non-public stock of tech start ups. Once even your
> granny (and apologies and exclusions to anyone whose grandma actually *is* a
> sophisticated wall street trader) is investing in pre-IPO startup shares,
> it's time to tune up your Scala and Clojure skills and take a cushy finance
> or insurance job for about 6-8 years until the cycle starts again.
>
> Welcome back to 1996. And now to return to our regularly scheduled
> technical programming :)
>
> Best Wishes,
> Peter
>
>
> On May 26, 2011, at 12:25 AM, Martin Wawrusch wrote:
>
> The whole funding scene is nuts right now, and that trickles down to ruby
> developers (and wait for the need for coffeescript/node.js developers). It
> is going to get worse though from a hiring perspective, with the IPOs coming
> up and even more fresh money available. And yeah, it feels like 1999 again -
> one hell of a year :P
>
> On Wed, May 25, 2011 at 9:17 PM, Peter Bell <[email protected]> wrote:
>
>> Not at $28/hr. :)
>>
>> But it certainly is outside of Toronto. I've been to 5 conferences in the
>> last two weeks and in every one, pretty much every deck seemed to end with a
>> "we're hiring" slide. And most of the positions I was hearing about were
>> safely north of $100k/yr. At least in the major US metro markets . . .
>>
>> Seriously, this is the best labor market I've seen for developers since
>> 1999. It's nuts.
>>
>> I'd still like to know what LivingSocial paid for Glenn and the gang at
>> InfoEther . . .
>>
>> Best Wishes,
>> Peter
>>
>> On May 26, 2011, at 12:10 AM, Alex Katebi wrote:
>>
>> <517.gif>Hurray!!!<517.gif> The recession is finally over.<517.gif>
>>
>>
>> On Wed, May 25, 2011 at 1:02 PM, UTbibapp <[email protected]>
>> wrote:
>> > Hello,
>> >
>> > I sincerely hope that it is appropriate to post this on this mailing
>> > list. Please see the posting and information on how to apply below.
>> >
>> > Gabriela
>> >
>> >
>> > Position Title: Ruby on Rails developer
>> >
>> > Description
>> > This position requires the incumbent to work in IT Services at UTL.
>> > Working in a small team, under direction of the Director of the
>> > Information Technology Services, University of Toronto Libraries, the
>> > incumbent will be responsible for adding service features specific to
>> > the UofT community to our newest service, Focus, which is an Expert
>> > Finder application that supports the promotion of faculty research.
>> > Building on the BibApp open-source framework, the incumbent will add
>> > features enabling customization of Focus and its integration with
>> > other services, including a custom authentication system.
>> >
>> > Qualifications
>> > Education: University degree in Computer Science or acceptable
>> > equivalent combination of education and experience.
>> >
>> > Minimum 3 years experience with programming in Ruby on Rails. Solid
>> > and demonstrated experience using open-source programming libraries,
>> > relational database systems, and the development of database driven
>> > websites. Must be highly knowledgeable in Ruby, Ruby Gems, MySQL/SQL,
>> > and general application security. Excellent knowledge of open source
>> > web-based database-driven application development and Web 2.0 tools.
>> > Familiarity is required with LDAP and Pubcookie. Technical writing and
>> > documentation skills.
>> >
>> > Other: Demonstrated interpersonal skills under pressure. Ability to
>> > work within tight timelines. Demonstrated good organizational and time
>> > management skills.  Strong user-based orientation. Ability to exercise
>> > good judgment, discretion and tact. Demonstrated ability to work
>> > effectively independently and as part of a team. Ability to
>> > communicate effectively and accurately both orally and in writing.
>> > Ability to communicate complex technical ideas verbally and in written
>> > form to IT staff and management.  Demonstrated good work performance
>> > and attendance record.
>> >
>> > Job Field
>> > Information Technology
>> >
>> > Campus
>> > St. George
>> >
>> > Department
>> > ITS, University of Toronto Libraries
>> >
>> > Schedule
>> > Full-time
>> >
>> > Pay Scale Group and Hiring Rate
>> > Compensation: $28.00
>> > Compensation Type: per Hour
>> > Area: Toronto
>> > Pmt-time/Full-time: Full-time
>> > Position Duration: Temporary - 3 months
>> >
>> > Notes
>> > Evenings and weekend hours not required.
>> >
>> > Applicants will be asked to complete a small test, supply 3
>> > references, code and writing samples.
>> >
>> > Applicants Submit:
>> > • Resume and covering letter
>> >
>> > How to apply:
>> > • Email: [email protected]
>> >
>> >
>> > Deadline Date: Tuesday, June 7th, 2011
>> >
>> >
>> > --
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>> >
>> >
>>
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>
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