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Dumb money is not the basis for the web as we know it. Look at where we are communicating here. On a US website built by a single person.
by FreeHugs 5y ago
Dumb money is not the basis for the web as we know it.
Look at where we are communicating here. On a US website built by a single person.
- ChuckNorris89 5y ago>Dumb money is not the basis for the web as we know it. It's not, but it's the basis of ad-driven, surveillance-ware, and user engagement optimized companies that drive the ludicrously high profits and wages in the US tech sector. Do you see US tech workers lining up to work for Canonical? Yeah, I thought so too.
- aspenmayer 5y agoWell once I saw their application, I wasn't interested in working at Canonical either. And I'm currently looking for work, for what it's worth. https://news.ycombinator.com/item?id=30735678 https://news.ycombinator.com/item?id=30735678
- ChuckNorris89 5y agoI know that thread, that's why I used it as an example. Hiring in tech is broken regardless, so most candidates optimize for compensation as that way at least the end result justifies the effort of going through those several stages of various hazing rituals each company has lined up. And like the Canonical employee said in that thread, they receive 80% quality applications despite all of those shitty hoops Canonical makes you jump through even before they talk to you. So yeah, there seems to be no shortage of devs regardless of how bad a company's hiring practices are, as long as they're an established name and/or pay great.
- mschuster91 5y agoFor the web itself, yes. But for a lot of the services we use daily - Google, Facebook, Twitter, Reddit, Uber, AirBnB - lots of "dumb money" for cheap/free services or to outright price-dump the legitimate competition were the basis of their success.
- ben_w 5y agoHere being the news portal of Y Combinator? Y Combinator being a startup fund? The combined valuation of YC companies being over $600B?