I just noticed this piece on Drew B's blog so thanks for highlighting the article. Some of the facts in the piece are wrong but the market is definitely much better than it was a few years ago. So much so that some firms I thought would crash and burn seem to be surviving thanks to the up-tick. What's clear to me is that the market in the Bay Area is not really being driven by the larger tech firms. On the whole they appear to be holding their spend firm. What's increased is the number of startups who are out spending. Those of us who went through the dot com bust are watching this trend with some caution. Hiring, yes but only for clients we really believe will be around in year's time.
Thursday, January 12, 2006
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