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Glamorous tech startups can be brutal places for workers
- akjetma 11y ago> Facebook paid $1 billion for Instagram, mainly to hire its 13 employees. I don't usually like to nitpick, but this just seems totally incorrect.
- terravion 11y agoRight there with you, given the network effect of the underlying business, it seems crazy that this wouldn't be most or all of the value of the company. Moreover, it is not a stunning realization that not everyone likes their job ...even in tech. Or that employers with a lot of technical drudgery would have to offer higher wages, perks, and more job security to recruit.
- xcavier 11y agoYes and no. Facebook had tried mobile and failed, and there was clear fear it could not cross the chasm from desktop web to mobile web/app. Instagram was 'born' mobile, and Facebook was very motivated to ingest their thinking/culture/skills.
- w1ntermute 11y agoThe whole reason why all the perks and high salaries have to be offered is because there aren't that many people who want to do the work. Otherwise, people would be willing to work for peanuts in order to get a foothold in the industry, like in entertainment, journalism, or art.
- tymotm 11y agoNot necessarily, that maybe part of the explanation. The majority of the population is simply not capable of doing the work because it requires a high IQ.
- w1ntermute 11y agoIf that were the case, then theoretical physicists and mathematicians would be getting paid high salaries to do what they love, rather than decamping to Wall Street and wasting their lives performing financial gymnastics. Both supply and demand matter, and the vast majority of coding is something the average person could be trained to do, especially given how accessible the resources required to learn are. The problem is that the majority of people are not interested in spending their lives sitting in front of a computer for 8+ hours/day editing text files essentially reinventing the wheel.
- tymotm 11y agoPhysics and Math aren't in demand the same way high programming ability is. "Both supply and demand matter, and the vast majority of coding is something the average person could be trained to do, especially given how accessible the resources required to learn are." This is wrong. Passing an interview like Microsoft's or Google's requires a very high IQ. They are designed that way for a reason. http://infoproc.blogspot.ca/2007/02/its-all-about-brainpower.html http://infoproc.blogspot.ca/2007/02/its-all-about-brainpower... The average person isn't nearly as smart as you think, probably because you mostly interact with people in a restricted range. For example, have you taken the SAT and do you remember how easy it was? Training, on average, fails to significantly improve SAT scores. http://infoproc.blogspot.ca/2012/02/test-preparation-and-sat-scores.html http://infoproc.blogspot.ca/2012/02/test-preparation-and-sat... If you think the average person can solve highly g-loaded algorithmic problems by practicing you are delusional. Most people could practice 16 hours a day for years on end and they would still do awful. Even for the more basic programming stuff, the performance of a higher IQ person is usually far, far better.
- w1ntermute 11y agoI should've been more careful when I said that the "average person" would be able to learn how to code. You're right that I wasn't even thinking of those who had difficulty with the SAT, but rather those who went to good colleges and then went into a variety of non-tech fields, such as finance, law, medicine, or science. I was formally trained as a scientist, and many of my friends who didn't go into tech went into one of those 4 aforementioned fields. It's those groups of people (which is quite large) that I was referring to when I said that coding is something that can be self-taught with freely available online reference materials - myself and a couple of my friends have successfully done exactly that.
- dang 11y agohttps://news.ycombinator.com/item?id=10912945 https://news.ycombinator.com/item?id=10912945