Too much demand, all of a sudden. Money got printed and i went from near bankruptcy in mid-Feb 2020 to being awash with money by mid-June.
And it continued growing nonstop all the way through ~early Sep 2024, and been slowing down ever since, by now coming to an almost complete stop - to the point i ever fired all sales staff because they were treading water with no even calls let alone deals, for half a year before being dismissed in mid-July this year.
I think it won't return - custom dev is done. The myth of "hiring coders to get rich" is over. No surprise it did, because it never worked, sooner or later people had to realise it. I may check again in 2-3 years how market is doing, but i'm not at all hopeful.
alt Hacker News
Too much demand, all of a sudden. Money got printed and i went from near bankruptcy in mid-Feb 2020 to being awash with money by mid-June.
And it continued growing nonstop all the way through ~early Sep 2024, and been slowing down ever since, by now coming to an almost complete stop - to the point i ever fired all sales staff because they were treading water with no even calls let alone deals, for half a year before being dismissed in mid-July this year.
I think it won't return - custom dev is done. The myth of "hiring coders to get rich" is over. No surprise it did, because it never worked, sooner or later people had to realise it. I may check again in 2-3 years how market is doing, but i'm not at all hopeful.
Switched into miltech where demand is real.