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Are you in your late 40s or beyond?If so, you have decades of valuable experience, a powerful network, and a laundry list of success metrics. But lately, you may be feeling stuck in your career. * You're no longer moving up. * You're watching your younger colleagues get promoted. * Recruiters ghost you more often now. * Job interviews stall out even when you think you interviewed well. You're too experienced for entry-level or mid-level roles. And when you aim for more senior leadership or executive roles, you discover they want someone with 25 years of experience who's only 35 years old. Heaven help you if you get laid off now. It's not a pretty job market for anyone, especially an older worker. “People laid off at higher ages are less likely to move into a new field than those who quit, said Kevin Cahill, an economist at FTI Consulting. “Ageism and higher compensation expectations can be obstacles to re-employment, he said.” (source)* It takes nearly 26 weeks, on average, for people ages 55 to 64 to find a job, compared with 19 weeks for people ages 25 to 34, according to the U.S. Bureau of Labor Statistics.* Older career workers who find new jobs take an 11% pay cut, on average, according to a forthcoming study Cahill co-wrote.So, why not take an early retirement? Well, I bet you're not there yet. Financially, emotionally, or physically. The sad truth is that people who retire sooner die earlier. Believe me, you're not alone in feeling this way and facing this issue. This “messy middle” of our professional careers is real, and it's brutal.But it's also where your next move can be your most powerful. I know it doesn't feel like it right now, but reinventing yourself can lead to living the best years of your life. I'm living proof, and there are lots of us who have done it. It's been over 15 years since I fled my old corporate career to pivot into something new. I built my own businesses, started working out every day, and reinvested in my most important relationships. My sense of loss and depression shifted into joy and fulfillment. I've never been happier! The Messy Middle You're not imagining things, and it's not just you. The job market has shifted under your feet while the economy has been struggling, and political chaos ensues. * Good roles are becoming rarer, and expectations are higher.* Companies are cutting layers of middle and senior management.* They are also eliminating entry-level roles and leaning on fewer employees augmented with AI. * Ageism is real (especially in tech and startups), but hard to prove. * AI is quietly replacing parts of your job.* Younger, cheaper hires are more appealing than the cost of more experienced employees.You didn't do anything wrong. But the system isn't built for you anymore.“The tide has definitely turned against tech workers,” said Catherine Bracy, the founder and chief executive of TechEquity, a nonprofit that pushes for economic inclusion in the industry. “Companies have even more leverage to use against workers, and A.I. is supercharging that.” (source)Traditional Career Advice Fails You “Just update your LinkedIn and polish your resume! Start easy applying to hundreds of jobs every week.”Yeah… no. When you've had a long, complex career, playing the “cold-apply resume” game is a sure-fire way to lose. The hiring process is automated and biased. Most online applications are dead ends, and older workers are screwed. You need a new strategy for this new game.Your leverage is different nowAt this stage of your career, you have leverage that younger people don't. Stop being shy about using your advantages!* Relationships: The network you've built for decades is more powerful than you think.* Reputation: People know your name. They've seen your work. They already trust you.* Experience: You've led, built, scaled, failed, recovered, and learned. Your insights are rare and valuable.Three paths out of the messy middle1. Reposition and rebrand2. Redesign your role3. Find more purposeI go into more detail in the podcast audio, so scroll up, hit play, and listen. Real stories of reinvention * David Jesse - Executive Product Leader, advisor, coach, and founder of Crescendo Product Group * Ha Nguyen - Founder and Managing Partner at NextStep Advisors * Maureen Wiley Clough - Host of It Gets Late Early, a podcast and community of tech employees bringing awareness to ageismNone of them waited for someone to “give them a shot.” They stopped playing the game that was rigged against them. They created their next opportunity.You can too.What to do this monthHere's your 3-step personal challenge:* Rewrite one part of the “Story of You”What's the outdated identity or job title you're clinging to? Rewrite your LinkedIn headline and About section to reflect who you are now and who you want to become. * Reignite one dormant relationshipSomeone in your network already knows your value. Reach out, reconnect, and have a real conversation. I created a free CRM to help with this. * Map out your next move If you weren't looking for a job, what kind of business might you build? What problem could you solve? How could you repackage your skills as an offer to a client? Let's define your “Next Act” togetherDoes all of this feel familiar? Did this article hit a nerve? Good! That means you're ready.You don't have to figure this out alone. I work with experienced professionals like you every day to help you:* Clarify what you really want next in your life * Reposition your talent, knowledge, skills, and experience* Build new opportunities, but on your terms this time Book a free call with me! Let's talk about what's possible next.I'm Larry Cornett, an executive coach who works with ambitious professionals to help them reclaim their power, become more invincible, and create better opportunities for their work and lives. Do more of what you love and less of what you hate!
Catherine Bracy is a civic technologist and community organizer whose work focuses on the intersection of technology and political and economic inequality. Justin Hendrix spoke with her about her new book, World Eaters: How Venture Capital is Cannibalizing the Economy. In it, she suggests how the venture capital industry must be reformed to deliver true innovation that advances society rather than merely outsized returns for an increasingly monolithic set of investors.
What happens when a movement built on innovation starts to eat itself? In this episode, we're joined by Catherine Bracy—CEO of TechEquity Collaborative and author of World Eaters—for a bold, unflinching conversation on the state of tech, venture capital, AI, and what it really means to build an equitable future.We get into:How blitzscaling became a blueprint for burnoutWhy “disruption” often means sidelining equityWhat it takes to re-center people in an industry built for profitWe also dig into the pressures of chasing VC money, the cost of tech's villain era, and how automation is reshaping labor—often without worker protection in mind. Catherine brings the receipts and the vision. If you care about inclusion, the future of work, or just want a little more honesty in your tech podcasts, this one's for you.Episode Chapters00:00 – Felicia and Rachel IntroWorkplace inclusion meets AI and ethics. Reflecting on 10 years of Inclusion Geeks—and why this convo couldn't come at a better time.12:25 – Progress or Plateau? A Decade of Tech EquityCatherine reflects on founding TechEquity Collaborative and whether the industry's progress has lived up to the promise.18:38 – Disruption: Buzzword or Barrier?We question who really benefits from “disruption” and how venture-backed growth often sidelines human-centered practices.29:52 – VC or Bust? Rethinking Startup SuccessWhy the pressure to raise VC has become toxic—and what alternative paths to success can look like.36:18 – Blitzscaling and the Cost of SpeedThe culture of growth-at-all-costs, the real meaning behind “blitzscaling,” and how it erodes sustainability and dignity.41:14 – Silicon Valley's Villain EraWe unpack tech's political shift, culture wars, and the industry's growing identity crisis.50:28 – Automation and the New Labor DivideHow AI is reshaping the workforce—and what it means for those with (and without) agency over technology.58:33 – What We Build NextImagining a tech future grounded in equity, creativity, and human dignity. Catherine shares what gives her hope. Visit us at InclusionGeeks.com to stay up to date on all the ways you can make the workplace work for everyone! Check out Inclusion Geeks Academy and InclusionGeeks.com/podcast for the code to get a free mini course.
In researching her new book World Eaters, Catherine Bracy interviewed founders, fund managers, contract and temp workers in the gig economy, and limited partners across the landscape. She says she learned that the current VC model is not a good fit for the majority of start-ups—and yet, there are too few options for early stage funding outside of VC dollars. While there are some alternative paths for sustainable, responsible growth, without the help of regulators, there is not much motivation to drive investors from the roulette table that is venture capital. Join us as Bracy takes our stage and offers her urgent and illuminating perspective into how the most pernicious aspects of the venture capital ethos reaches all areas of our lives, into everything from health care to food to entertainment to the labor market, and leaving a trail of destruction in its wake. Certain to be controversial, Bracy's tale is an eye-opening account of the ways that the values of contemporary venture capital hurt founders, consumers, and the market. Commonwealth Club World Affairs of California is a nonprofit public forum; we welcome donations made during registration to support the production of our programming. Commonwealth Club World Affairs is a public forum. Any views expressed in our programs are those of the speakers and not of Commonwealth Club World Affairs. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, meet neuroscientist and founder of Ness Labs Anne-Laure Le Cunff, TechEquity CEO and community organizer Catherine Bracy, and author and creative guide Amie McNee. Hear Anne-Laure Le Cunff share the section of her audiobook she most enjoyed recording, Catherine Bracy reflect on what surprised her most about being in the studio, and Amie McNee on what inspired her to write We Need Your Art. Tiny Experiments by Anne-Laure Le Cunff https://www.penguinrandomhouse.com/books/737291/tiny-experiments-by-anne-laure-le-cunff/9798217011834/ World Eaters by Catherine Bracy https://www.penguinrandomhouse.com/books/723091/world-eaters-by-catherine-bracy/9798217016600/ We Need Your Art by Amie McNee https://www.penguinrandomhouse.com/books/761126/we-need-your-art-by-amie-mcnee/9798217066490/
Venture capital is meant to infuse burgeoning companies with cash to grow, but instead it's become a sector that is too obsessed with raking in short-term results and rapid growth at any cost. So argues Catherine Bracy in her new book, “World Eaters: How Venture Capital is Cannibalizing the Economy.” Bracy examines how the venture capital model has led to countless companies failing and has distorted industries from food delivery to housing. Bracy has advocated for making the tech industry more equitable, diverse and sustainable as founder and CEO of Oakland-based TechEquity. She joins us to talk about why she thinks venture capital is hurting the economy and how to fix it. Guests: Catherine Bracy, executive director and founder, TechEquity; author of "World Eaters: How Venture Capital is Cannibalizing the Economy."
We've long known that building more homes helps keep prices in check at the regional or metro area level, but what about the house down the street? Evan Mast shares two research studies that shed light on this important and controversial question. Originally aired in 2021. Updated show notes.Show notes:Mast, E. (2023). JUE Insight: The effect of new market-rate housing construction on the low-income housing market. Journal of Urban Economics, 133, 103383.Asquith, B. J., Mast, E., & Reed, D. (2023). Local effects of large new apartment buildings in low-income areas. Review of Economics and Statistics, 105(2), 359-375.Bratu, C., Harjunen, O., & Saarimaa, T. (2023). JUE Insight: City-wide effects of new housing supply: Evidence from moving chains. Journal of Urban Economics, 133, 103528.Li, X. (2022). Do new housing units in your backyard raise your rents? Journal of Economic Geography, 22(6), 1309-1352.Guerrieri, V., Hartley, D., & Hurst, E. (2013). Endogenous gentrification and housing price dynamics. Journal of Public Economics, 100, 45-60.Phillips, S., Manville, M., & Lens, M. (2021). Research Roundup: The Effect of Market-Rate Development on Neighborhood Rents. UCLA Lewis Center for Regional Policy Studies.Diamond, R., McQuade, T., & Qian, F. (2019). The effects of rent control expansion on tenants, landlords, and inequality: Evidence from San Francisco. American Economic Review, 109(9), 3365-94.Liu, L., McManus, D. A., & Yannopoulos, E. (2020). Geographic and Temporal Variation in Housing Filtering Rates. Available at SSRN.“Opportunities and Obstacles for Rental Housing Registries,” Jan. 20 Lewis Center event with Assembly member Buffy Wicks and Catherine Bracy. https://youtu.be/vaDTWHxk-I8
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Everything feels awful right now, but it's not all doom and gloom. Employees at big tech companies like Facebook are pushing platforms to be better and they might just be one of our best resources. Catherine Bracy, founder of the TechEquity Collaborative, explains how tech staffers are pushing companies to move beyond a Black Lives Matter statement, and make real change. Read Catherine's TechCrunch piece: https://techcrunch.com/2020/06/11/tech-companies-its-time-to-show-that-black-lives-really-matter-to-you/ Learn more about the TechEquity Collaborative: https://techequitycollaborative.org/ Send us an email at Hello@Tangoti.com
As part of our Juneteenth episode, we're focusing on how tech companies and tech products can contribute to major policy changes. We talk to Catherine Bracy, executive director of the Tech Equity Collaborative, about why tech companies should fight for racial justice through property tax reform. Then we hear from Nykidra Robinson, who runs Black Girls Vote, which helped drive higher voter turnout in Baltimore's primary election this year with a virtual election party. More reading Tech companies: It’s time to show that Black lives really matter to you Tech Took On Voter Turnout. It’s Still Working On It
How much should tech companies be blamed for California's housing crisis? And what are they doing to combat it? On this episode of Gimme Shelter, Matt and Liam discuss whether "big tech" is more of a scapegoat for the state's housing woes or whether the credo of "move fast and break things" has broken the Bay Area's housing market. First, a detailed discussion of the new sticks in the state budget for California cities, which may not be as punitive as you might think. Then an interview with TechEquity Collaborative's Catherine Bracy (29:00) and Bay Area News Group reporter Marisa Kendall (47:30).
Facebook. Cambridge Analytica. Need I say more? There's plenty to discuss. Among them is the question of similarities between what happened and the Obama campaign — which is why we're lucky to be joined this week by Catherine Bracy, who led the Obama campaign's San Francisco tech office, and worked on its Facebook app, for a discussion about what really went down with Cambridge Analytica, and all the misinformation that's out there.
Ars Technica's Annalee Newitz and Cyrus Farivar talk to Catherine Bracy, founder of the TechEquity Collaborative, about Silicon Valley's equality issues and how to make the tech industry work for everyone. Recorded live August 16, 2017 at Eli's Mile High Club in Oakland, CA. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Technological innovation is solving all sorts of problems, from major issues to minor inconveniences — but one criticism that often comes up is that Silicon Valley has a "by rich young white men, for rich young white men" culture, with most of its efforts focused on solving problems for a small, affluent minority. This week, Catherine Bracy returns as we try to understand this common complaint, how valid it is, and what can be done about it.
From e-voting and online petitions to broad new avenues of communication between politicians and the public, technology is changing democracy, and has the potential to do so even more. This week we're joined by Catherine Bracy, the Technology Field Officer for Obama For America in 2012, to discuss the current and future impact of rapidly changing technology on the democratic process and whether these impacts have been "good" or "bad".
When Code for America started a new international initiative this year, the process pushed the whole organization to look at how it could run faster, with more experiments. Catherine will talk about launching, building and leading the new program, Code for All, the complexities of building a global network of civic hackers that fosters shared values while at the same time respecting local context, and the infectious effect the new program had on Code for America overall.
This week Ben Orenstein interviews Catherine Bracy, Director of Community Organizing at Code for America. Catherine Bracy's Twitter Code for America