4 ms·

Startups will soon follow suit, since GS is a major investor. It's sad that none of the infrastructure was improved during the isolation/quarantine periods, and

Startups will soon follow suit, since GS is a major investor. It's sad that none of the infrastructure was improved during the isolation/quarantine periods, and now we're going back full force and wasting billions in wasted commute time.

manuelabeledo 5y ago
> Startups will soon follow suit, since GS is a major investor. I don’t see this happening. GS interests in real estate and churning finance folk in and out, have nothing to do with their riskier investment priorities. Also, GS is not a major player in the venture capital landscape.
- jupp0r 5y ago
  Also, angel investors have much more influence than VC in how startup culture is set up initially. Once in the VC funding phase, it's too late to tell all key employees to move to commuting distance from main HQ.
KingMachiavelli 5y ago
The infrastructure wasn't improved? Pretty much all of the video conferencing tools are much better and tools that didn't have screen sharing & video calls added it. Plus the vast majority of people have actually used those tools now. Pre-pandemic group video calls existed via Teams but a lot of people never used them. I doubt GS's internal culture applies to any startups... not every company needs an apprenticeship culture and it would be a large capital and time expense for startups. GS's model is very different (IIRC), hire a lot of young talent out of premier institutions, then see who's left after 2+ years of 50+ work hour weeks.
- krainboltgreene 5y ago
  > The infrastructure wasn't improved? Pretty much all of the video conferencing tools are much better and tools that didn't have screen sharing & video calls added it. It's very HN to think infrastructure is "zoom" and not the implied: internet, housing, roads, power.
- htrp 5y ago
  >50+ work hour weeks. More like 80+

4 ms·

Startups will soon follow suit, since GS is a major investor. It's sad that none of the infrastructure was improved during the isolation/quarantine periods, and

by aingisni_del 5y ago

manuelabeledo 5y ago
> Startups will soon follow suit, since GS is a major investor. I don’t see this happening. GS interests in real estate and churning finance folk in and out, have nothing to do with their riskier investment priorities. Also, GS is not a major player in the venture capital landscape.
- jupp0r 5y ago
  Also, angel investors have much more influence than VC in how startup culture is set up initially. Once in the VC funding phase, it's too late to tell all key employees to move to commuting distance from main HQ.
KingMachiavelli 5y ago
The infrastructure wasn't improved? Pretty much all of the video conferencing tools are much better and tools that didn't have screen sharing & video calls added it. Plus the vast majority of people have actually used those tools now. Pre-pandemic group video calls existed via Teams but a lot of people never used them. I doubt GS's internal culture applies to any startups... not every company needs an apprenticeship culture and it would be a large capital and time expense for startups. GS's model is very different (IIRC), hire a lot of young talent out of premier institutions, then see who's left after 2+ years of 50+ work hour weeks.
- krainboltgreene 5y ago
  > The infrastructure wasn't improved? Pretty much all of the video conferencing tools are much better and tools that didn't have screen sharing & video calls added it. It's very HN to think infrastructure is "zoom" and not the implied: internet, housing, roads, power.
- htrp 5y ago
  >50+ work hour weeks. More like 80+