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Really? Sounds like the author has never worked in either, and just reads news sites. Having worked in several of both 'MegaBank LLC' and 'A Small Tech Compan
by DrBazza 9y ago
Really? Sounds like the author has never worked in either, and just reads news sites. Having worked in several of both 'MegaBank LLC' and 'A Small Tech Company', they're utterly different beasts. Just because both mention blockchain doesn't mean they're the same.
Culturally, they're worlds apart. Banks offer a career path up and away from technology so you get unmotivated developers joining who are just looking for the next leg-up the career ladder.
Banks are only driven to make money, and the "worst" of the employees are utterly driven by the end-of-year bonus, and to hell with anyone that gets in their way.
- ptc 9y agoFrom the article: > (Disclosure: I used to work at Goldman designing derivatives, not apps. Also I have a Marcus savings account.)
- joejerryronnie 9y agoWhile I do agree with your sentiment, switch "Banks" with "VCs" and "end-of-year bonus" with "IPO" and many people would consider your last paragraph an accurate description of the tech startup scene.
- s73v3r_ 9y agoI wouldn't say those things are what makes a tech company a tech company. "Banks are only driven to make money" If you don't think tech companies are the same way, you're sorely mistaken.