As someone who’s been in the industry in San Francisco since the mid-’90s, he speaks to my lived experience.

Tech workers dreamed of working for a big company for a few years before striking out on their own to start their own business that put that big company out of business. Then that dream shrank to working for a tech giant for a few years, quitting, and doing a fake startup to get aquihired back by your own boss and the world's most inefficient way to get a raise. And then it shrank even further to working for a tech giant for your whole life but there'd be free kombucha in the cafeteria and you get massages on Wednesdays. And now that dream is over, and all that's left is work for a tech guy until they fire your ass, like those 12,000 Googlers who got fired six months after a stock buyback that would have paid their salaries for the next 27 years.