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You are thinking like a junior programmer and instead you should be thinking as an investor. The investor gives little to no damns about your opinion of the und

You are thinking like a junior programmer and instead you should be thinking as an investor. The investor gives little to no damns about your opinion of the underlying code base. Investors do not make fortunes based off the opinions of junior programmers nor on their understanding of the nuances of codebases. Demonstrating such a lack of awareness and understanding does explain why you are a junior programmer and not an investor. My advice to you is the age old adage, put yourself in anothers shoes, go and buy some stocks, etfs, mutual funds what have you and experience the other side of business, let your eyes really be opened before casting judgement on processes you have little understanding of.

throwawayjava 8y ago
> Investors do not make fortunes based off the opinions of junior programmers nor on their understanding of the nuances of codebases. Investors can lose money on bad code bases. Technical due diligence is a real thing. And getting a third-party opinion on "if your CTO dies, does your business also die?" is EXACTLY the sort of thing that comes up in those conversations. E.g., https://dave.moskovitz.co.nz/2016/08/29/technical-due-diligence-checklist/ https://dave.moskovitz.co.nz/2016/08/29/technical-due-dilige... If a technical audit comes back with "the CTO is the only person who can maintain this code base", and if the code base itself is a major asset the buyer is interested in, that can kill or substantially modify the terms of a deal. > Demonstrating such a lack of awareness and understanding does explain why you are a junior programmer and not an investor. (e: removed silly speculation) > ...go and buy some stocks, etfs, mutual funds This provides zero insight into what technical due diligence looks like or how that plays into the overall decision to purchase or invest in a company?
- lisper 8y ago
  You both (@patreus, @throwawayjava) might want to take a quick look at my profile before you start speculating about my financial situation.
deleted 8y ago
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shoo 8y ago
> Demonstrating such a lack of awareness and understanding does explain why you are a junior programmer and not an investor. It seems as if you're going out on a limb here and inferring an awful lot about someone from a single comment, and your inferences both appear to be incorrect to an amusing degree...
whytaka 8y ago
Not only is your comment misguided, it's also very rudely formulated. Many organizations fear the departure of institutional knowledge that goes hand in hand with retiring baby-boomers. Many investors/corporations also take out life insurance policies for key employees because they are so instrumental to the work process. A labyrinthine code-base without well-defined knowledge transfer processes spell capital disaster.
gaius 8y ago
Investors do not make fortunes based off the opinions of junior programmers Tell that to the investors in Knight Capital.

throwawayjava 8y ago

> Investors do not make fortunes based off the opinions of junior programmers nor on their understanding of the nuances of codebases. Investors can lose money on bad code bases. Technical due diligence is a real thing. And getting a third-party opinion on "if your CTO dies, does your business also die?" is EXACTLY the sort of thing that comes up in those conversations. E.g., https://dave.moskovitz.co.nz/2016/08/29/technical-due-diligence-checklist/ https://dave.moskovitz.co.nz/2016/08/29/technical-due-dilige... If a technical audit comes back with "the CTO is the only person who can maintain this code base", and if the code base itself is a major asset the buyer is interested in, that can kill or substantially modify the terms of a deal. > Demonstrating such a lack of awareness and understanding does explain why you are a junior programmer and not an investor. (e: removed silly speculation) > ...go and buy some stocks, etfs, mutual funds This provides zero insight into what technical due diligence looks like or how that plays into the overall decision to purchase or invest in a company?

lisper 8y ago
You both (@patreus, @throwawayjava) might want to take a quick look at my profile before you start speculating about my financial situation.

deleted 8y ago

[deleted]

shoo 8y ago

> Demonstrating such a lack of awareness and understanding does explain why you are a junior programmer and not an investor. It seems as if you're going out on a limb here and inferring an awful lot about someone from a single comment, and your inferences both appear to be incorrect to an amusing degree...

whytaka 8y ago

Not only is your comment misguided, it's also very rudely formulated. Many organizations fear the departure of institutional knowledge that goes hand in hand with retiring baby-boomers. Many investors/corporations also take out life insurance policies for key employees because they are so instrumental to the work process. A labyrinthine code-base without well-defined knowledge transfer processes spell capital disaster.

gaius 8y ago

Investors do not make fortunes based off the opinions of junior programmers Tell that to the investors in Knight Capital.