2 ms·
I have a rather enlightened view of how SV works. I was the primary engineer on Uber's promotion and referral system for most of last year and ended up transfer
by dpiers 11y ago
I have a rather enlightened view of how SV works. I was the primary engineer on Uber's promotion and referral system for most of last year and ended up transferring to the internal audit team. I have a knack for risk identification and management.
There is a difference between a well-run company with manageable burn that must raise capital to continue growing, and a company where the realistic prospects of a capital infusion are slim and the financial situation is dire.
I used to work in the game industry, and both studios I worked at ended up gradually laying people off and eventually shutting down. Layoffs are the expectation for a struggling company - sudden shutdown is a sign of poor executive leadership.
- einarvollset 11y agoHonestly no offense intended; however, even if you're the VP of risk management for Uber currently - a company with 9K employees having raised $6.9B - that in no way what so ever gives you any insight as to the usual way in which young (series A say) companies operate. None. Zero. Zilch.
- dpiers 11y agoI'm not arrogant enough to claim to be an expert, but I have had a decent number of experiences for someone my age. I grew up in a small family-owned sandwich shop (which failed in 06 after 20 years). I worked for multiple mid-sized game development studios before I moved to SF to work for a post-series A 13 person YC startup that I watched grow to 50 people. I spent some time at BitTorrent, which has had its share of financing and staffing fluctuations over the years. I've been a part of a number of companies as they've succeeded and failed, and I've learned the difference between doing so gracefully or incompetently.