article thumbnail

The job market for new grads: worse than in 2008, but better than 2002

The Pragmatic Engineer

In what might be helpful, Chris started his career as a software engineer in the middle of the big downturn back in 2002 – known as the Dotcom Bust – and worked through the financial crisis in 2008. Here’s his take: 'This 2023 downturn now is far worse than 2008 but not nearly as bad as 2002, which felt apocalyptic.

article thumbnail

The Collapse of Silicon Valley Bank

The Pragmatic Engineer

11am: Bloomberg reported that Founders Fund, a VC fund co-founded by Peter Thiel, advised all its portfolio companies “to pull money from Silicon Valley Bank.” — Howard Lerman (@howard) March 9, 2023 From 12am: VCs tell portfolio companies to pull money they have in Silicon Valley Bank.

Banking 192
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Gain Greater Confidence in your Climate Risk Models

Cloudera

How do institutions protect and optimize their balance sheets and portfolios? Stress testing was heavily scrutinized in the post 2008 financial crisis. Changes in investment portfolios). Firms face critical questions related to these disclosures and how climate risk will affect their institutions. They need to understand; .

article thumbnail

Data News — Week 23.10

Christophe Blefari

First Mark is a NYC VC, in their portfolio they have Dataiku, ClickHouse and Astronomer among other tech or B2C companies. The SVB wanted to put $80 billion of this money at work using Mortgage Backed Securities (MBS)—just as a reminder MBS were at the center of the 2008 financial crisis. Evolution between 2012 and 2023.

Banking 130
article thumbnail

FRTB: Will 2023 Finally be the Year?

Cloudera

FRTB is designed to address some fundamental weaknesses that did not get addressed in the post-2008 financial crisis regulatory reforms. This must then be repeated for each individual trading desk portfolio. A means of incorporating the risk of market illiquidity, including liquidity horizons that range from 10 to 250 days.

Banking 55
article thumbnail

Top 12 Data Engineering Project Ideas [With Source Code]

Knowledge Hut

If you want to break into the field of data engineering but don't yet have any expertise in the field, compiling a portfolio of data engineering projects may help. Finally, make data visualizations to display your project's results and construct a website to showcase your work, whether it's a portfolio or a personal site.

article thumbnail

Google Cloud vs AWS- Which is Better: A Comparison

Knowledge Hut

Their first service, Google App Engine, was launched in 2008 in public purview. Service portfolio: Compared to GCP, AWS offers a wider range of services, including more options for computing, storage, networking, and databases. If you need multiple services, AWS is a good option. W hat Should You Choose Between GCP vs AWS?