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Why does the tech company need to be public? Is this just a proxy for “big”? Or do you actually care about the company having shares, perhaps because you like g
by jonathanyc 8y ago
Why does the tech company need to be public? Is this just a proxy for “big”? Or do you actually care about the company having shares, perhaps because you like getting RSUs?
- dokem 8y agoIs 'proxy' new tech jargon? I've been hearing it a lot lately.
- jdc 8y agoNo
- akhosravian 8y agohttps://www.merriam-webster.com/dictionary/proxy https://www.merriam-webster.com/dictionary/proxy Looks like it dates from the 15th century. Here’s a guess for what you’re experiencing: https://en.m.wikipedia.org/wiki/List_of_cognitive_biases#Frequency_illusion https://en.m.wikipedia.org/wiki/List_of_cognitive_biases#Fre...
- dekhn 8y agoproxy, like "proxy variable", is a common term in stats for a visible measure that correlates with another one that you care about, but can't easily measure. It's more common in tech circles as stats and ML have become more popular.
- dieterrams 8y ago> Or do you actually care about the company having shares, perhaps because you like getting RSUs? That, and the (usually) better work/life balance compared to startups.
- yayana 8y agoLarge private companies are not startups and have better work/life balance and better share programs/dividends. But good luck on finding one with less internal politics than large public companies..