We are at a peak in the tech industry: we are paid more than ever before, most of us get equity while valuations are at an all-time-high (unless you work at Uber or Lyft) — and many get ridiculous perks. This is not normal. This was not the case some years ago, but we have a very limited memory and get used to the good stuff quickly. This is specially true for newcomers to the industry who just got their first job and think it has always been like this.
Thus, it’s in our best interest to take stock of our situation and realize that it’s a product of the demand of technical talent being much higher than its supply. That’s it, pure and simple. It’s not because we are better or special, we, “techies”, just happen to have the right skills at the right time, and there is absolutely no guarantee that this will go on forever. This realization lead me to reflect about what can we do to hedge ourselves against possible worst times ahead. This article is the result.