Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Zero Relief for Facebook

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I am fully convinced – – especially considering some of the tales I heard over the course of this weekend – – that the tech giants are absolutely filled to the BRIM with:

  1. Twenty-somethings;
  2. From prestige schools;
  3. Who haven’t contributed a damn thing;
  4. But get huge salaries and benefits;
  5. And are about to find themselves without a job or any real prospects.

Among these, I think, is Facebook, which is in full-on meltdown mode. The beautiful truth here is that real economics DOES finally catch up to the poseurs. Thank GOD.

Metadeath

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As you’re surely aware by now, the most widely-followed earnings report after the close on Wednesday was Facebook (umm, Meta), and they’re getting destroyed after hours. I first gained awareness of “The Facebook” years before most people, since their first real office was literally one block from my own in Palo Alto. Many times I would see Zuck walking around the streets, talking to employees one-on-one or, occasionally, jogging. I even remember their chalkboard sign propped up on the sidewalk encouraging applicants to come in to get a job at TheFacebook.com. Little did any of us know that it would (briefly) be a trillion dollar company. Here are some thoughts I have on the matter………..

Seven Years: Gone

The stock has already had a wretched year before today, but they’re getting torched by another 20% after hours (and what idiot jumped in immediately after the close and paid $142 for this thing, hoping to get in cheaply?)

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