Comment by hedayet
7 hours ago
For me it happened around my first week after the bootcamp, so about 6 weeks from joining.
An important nuance - most Facebook engineers don't believe that Facebook/Meta would continue to grow next year; and that disbelief had been there since as early as in 2018 (when I'd joined).
very few facebook employees use their products outside of testing, which is a big contributor to that fear - they just can't believe that there are billions of people who would continue to use apps to post what they had for lunch!
And as a result of that lack of faith, most of them believe that Meta is a bubble and can burst at any point. Consequently, everyone works for the next performance review cycle, and most are just in rush to capture as much money as they could before that bubble bursts.
> don't believe that Facebook/Meta would continue to grow next year
Huh.
The time I worked at a hyper growth company, us working in the coal mine had much the same skepticism. Our growth rate seemed ridiculous, surely we're over building, how much longer can this last?!
Happily, the marketing research team regularly presented stuff to our department. They explained who are customers were, projected market sizes (regionally, internationally), projected growth rates, competitive analysis (incumbents and upstarts), etc.
It helped so much. And although their forecasts seemed unbelievable, we over performed every year-over-year. Such that you sort of start to trust the (serious) marketing research types.