I have been following the market. Some of the most popular tech stocks have dropped back to pre-covid levels. During covid my inbox was blowing up from Meta, Amazon, Microsoft recruiters. This behavior clearly correlates with the stock evaluation. Literally everyone I know in tech was able to make good moves or get raises. Uncool companies had a hard time competing with SV giants.

I can cite the hiring frenzy, the stock evaluation, HUNDREDS of articles that disagree with his "SIMPLE" answer.