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Because companies don’t want to pay for experience unless you’re at a leadership level.
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I was thinking about this. As a student with a bad portfolio it wasn’t easy to get a job, but it was easy to meet people. Fast forward to an internship and getting promoted up to senior and those cold emails just don’t get the attention they used to as a newcomer. No events. Portfolio reviews are for students and juniors. On the bright side, I got a rejection email. Most don’t even bother these days.