5 ms·

On a positive note I think you can get this without being C-suite (although I also think it shouldn’t be hard to get for anybody!) I work at an HFT firm as a C

On a positive note I think you can get this without being C-suite (although I also think it shouldn’t be hard to get for anybody!) I work at an HFT firm as a C++ dev as a junior. Finance loves the office. I go in 5 days a week. The one person that doesn’t come in at all? My boss with 15 years of experience. He wrote most of the trade engine himself, the firm would fall apart if he left. So he can set his terms and he is home 100% of the time.

ChuckNorris89 3y ago
>He wrote most of the trade engine himself, the firm would fall apart if he left. I get that he's probably good at what he did, but to be fair, if you as an organization leave such a high bus factor open, having the company's livelihood depend on one developer, you're dysfunctional at best and asking for trouble at worst. Ideally good leadership should want that knowledge spread around or just not let it get to that point from the start.
- bluepizza 3y ago
  I worked at a similar company before. Management don't care about that at all. We had our fundamental stone quit due to getting married and moving abroad. They just found another heavily specialized engineer and made him an obscene offer. Didn't take long for him to be on top of the systems either. The one thing that I am still in awe is that the new engineer had his PhD in chemistry, and never attended a CS class once, but was nevertheless a world class engineer and hacker. Miss working with him.
  - ChuckNorris89 3y ago
    >They just found another heavily specialized engineer and made him an obscene offer That's unfortunately not something that most smaller companies can afford to replicate and still be alive. If you've got unlimited money sure, everyone's replaceable as the problem boils down to having enough money to poach the next best replacement, but hiring the best of the best with guarantee they can take over the most complex codebases quickly without impacting operations, is an endeavor that can sink small companies if the bus factor hits their core.
    - renewiltord 3y ago
      HFT prop shops are different. The usual tech company stuff doesn't apply because if you can't afford the best guy you're dead in the water anyway.
      - ChuckNorris89 3y ago
        Sure, but not all SW companies are HFT shops yet too many SW companies have open bus factors.
- dxbydt 3y ago
  > having the company's livelihood depend on one developer, you're dysfunctional at best This is the sort of banal nonsense that seems to be obviously true on its face but bears no semblance to reality. In fact, it illustrates the classic East coast vs Valley divides. The original team of secdb was half a dozen people. Each of them was invaluable & their code managed literally a few trillion USD of the world economy. person who wrote the proprietary graph language & compiler for that system was 1 single hotshot c++ guy on the standards committee, who also wrote a chapter in the programming pearls book. gs continues to use secdb & the firm is over 150+ years & counting. Meanwhile, the Valley startups I worked for since - they had this idea that everybody must know everything, all knowledge is diffuse etc. Lot of time taken in teaching backend programmers javascript, frontend guys system infra...all out of goodness of their heart. End result, neither the startup nor the programs we wrote lasted even a decade, even in the best case. In fact, median tenure in these places was under 2 years, whereas most east coasters are lifers.
  - ChuckNorris89 3y ago
    >In fact, it illustrates the classic East coast vs Valley divides. I don't live in the Valley neither on the East Coast, I'm from Europe which is where my vantage point for my argument lies. Maybe Valley companies can afford to do that because they pay the highest salaries in the world therefore they can always fix any problem because they can throw enough money at them. >Lot of time taken in teaching backend programmers javascript, frontend guys system infra...all out of goodness of their heart. That's equally dysfunctional. Reducing the bus factor doesn't mean that the front desk lady must know your codebase, it just means that there shouldn't be any master in the team who holds the keys to the knowledge kingdom and doesn't sahre his knowledge with the rest of the team.
    - dxbydt 3y ago
      > there shouldn't be any master in the team who holds the keys to the knowledge kingdom that's exactly what i'm disagreeing with. It sounds like a good feature on paper. In reality, it seldom is. Most east coast companies of significant size, if they do anything sufficiently complex, will have 1, sometimes 2-3 guys, who hold the keys to the kingdom & know everything. The kind of domain knowledge that cannot be transferred in kt sessions. In all the IBs I've worked at, there was always the point person who knows everything about one thing, & if he got hit by a bus, man you were in serious shit. Its just the cost of doing business in that domain, can't really derisk it by writing everything down. otoh most Valley firms do very generic shit, with young troops recruited every so often, who stay just long enough to make the jump to the next faang. Even in the Valley, you have L8,L9s whose disappearance can cause significant damage. Its simply not possible to transfer all knowledge to rank and file. some things are just very hard. Code has a way of getting very convoluted very fast. End of the day, SWeng is a very young field. There are no rules like multiple people must know your codebase. There are actual prop funds in chicago running out of 1 big R file written by the cofounder. Whole fund runs out of a single R program! No joke. Big world out there.

ChuckNorris89 3y ago

>He wrote most of the trade engine himself, the firm would fall apart if he left. I get that he's probably good at what he did, but to be fair, if you as an organization leave such a high bus factor open, having the company's livelihood depend on one developer, you're dysfunctional at best and asking for trouble at worst. Ideally good leadership should want that knowledge spread around or just not let it get to that point from the start.

bluepizza 3y ago
I worked at a similar company before. Management don't care about that at all. We had our fundamental stone quit due to getting married and moving abroad. They just found another heavily specialized engineer and made him an obscene offer. Didn't take long for him to be on top of the systems either. The one thing that I am still in awe is that the new engineer had his PhD in chemistry, and never attended a CS class once, but was nevertheless a world class engineer and hacker. Miss working with him.
- ChuckNorris89 3y ago
  >They just found another heavily specialized engineer and made him an obscene offer That's unfortunately not something that most smaller companies can afford to replicate and still be alive. If you've got unlimited money sure, everyone's replaceable as the problem boils down to having enough money to poach the next best replacement, but hiring the best of the best with guarantee they can take over the most complex codebases quickly without impacting operations, is an endeavor that can sink small companies if the bus factor hits their core.
  - renewiltord 3y ago
    HFT prop shops are different. The usual tech company stuff doesn't apply because if you can't afford the best guy you're dead in the water anyway.
    - ChuckNorris89 3y ago
      Sure, but not all SW companies are HFT shops yet too many SW companies have open bus factors.
dxbydt 3y ago
> having the company's livelihood depend on one developer, you're dysfunctional at best This is the sort of banal nonsense that seems to be obviously true on its face but bears no semblance to reality. In fact, it illustrates the classic East coast vs Valley divides. The original team of secdb was half a dozen people. Each of them was invaluable & their code managed literally a few trillion USD of the world economy. person who wrote the proprietary graph language & compiler for that system was 1 single hotshot c++ guy on the standards committee, who also wrote a chapter in the programming pearls book. gs continues to use secdb & the firm is over 150+ years & counting. Meanwhile, the Valley startups I worked for since - they had this idea that everybody must know everything, all knowledge is diffuse etc. Lot of time taken in teaching backend programmers javascript, frontend guys system infra...all out of goodness of their heart. End result, neither the startup nor the programs we wrote lasted even a decade, even in the best case. In fact, median tenure in these places was under 2 years, whereas most east coasters are lifers.
- ChuckNorris89 3y ago
  >In fact, it illustrates the classic East coast vs Valley divides. I don't live in the Valley neither on the East Coast, I'm from Europe which is where my vantage point for my argument lies. Maybe Valley companies can afford to do that because they pay the highest salaries in the world therefore they can always fix any problem because they can throw enough money at them. >Lot of time taken in teaching backend programmers javascript, frontend guys system infra...all out of goodness of their heart. That's equally dysfunctional. Reducing the bus factor doesn't mean that the front desk lady must know your codebase, it just means that there shouldn't be any master in the team who holds the keys to the knowledge kingdom and doesn't sahre his knowledge with the rest of the team.
  - dxbydt 3y ago
    > there shouldn't be any master in the team who holds the keys to the knowledge kingdom that's exactly what i'm disagreeing with. It sounds like a good feature on paper. In reality, it seldom is. Most east coast companies of significant size, if they do anything sufficiently complex, will have 1, sometimes 2-3 guys, who hold the keys to the kingdom & know everything. The kind of domain knowledge that cannot be transferred in kt sessions. In all the IBs I've worked at, there was always the point person who knows everything about one thing, & if he got hit by a bus, man you were in serious shit. Its just the cost of doing business in that domain, can't really derisk it by writing everything down. otoh most Valley firms do very generic shit, with young troops recruited every so often, who stay just long enough to make the jump to the next faang. Even in the Valley, you have L8,L9s whose disappearance can cause significant damage. Its simply not possible to transfer all knowledge to rank and file. some things are just very hard. Code has a way of getting very convoluted very fast. End of the day, SWeng is a very young field. There are no rules like multiple people must know your codebase. There are actual prop funds in chicago running out of 1 big R file written by the cofounder. Whole fund runs out of a single R program! No joke. Big world out there.