Comment by dxbydt

Exactly this. If you are a PM at a Valley outfit & can't code right now, your team simply pretends to respect you, while going off & doing its own thing. Its just one of those empirical things. Doesn't matter if you "used to code" once upon a time. Things are moving at a breakneck pace & if you don't keep up, you are really going to get left behind. I will also say that if you are a PM at a non-Valley outfit like a bank or one of those outsourcing firms, the exact opposite holds true. You should probably not code & spend all of your time managing. IBs especially frown at MDs & VPs taking on hands-on roles instead of managing & filling out gantt charts. My Manager at Goldman used to write compilers using javacc to automate risk algebras - he regularly got the stink eye. He used to tell me "they just want me to run the spreadsheets" :)