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Squarespace was my first experience with a hellish technical interview process back in 2014. I went through like 4 initial screens/take-home assignments for a
by treyfitty 2y ago
Squarespace was my first experience with a hellish technical interview process back in 2014. I went through like 4 initial screens/take-home assignments for a {something} Analyst role that was considered entry level. I eventually gave up, and from that moment on, I hated Squarespace as a company. These take home assignments weren't even relevant for the role, yet they thought it made sense to inject it into the process. I'm glad they're 1 step closer to their demise.
- lnxg33k1 2y agoSome companies use interviews processes not to test your knowledge but to check the level of inhumanity you’re willing to accept while working there
- dgellow 2y agoI always understood it as an artificial way to reduce the applicant pool. Too many people apply, you just want to make it annoying to keep a number of people you have capacity to review in depth. It’s really shitty, of course.
- to11mtm 2y agoOh it's still allowing for self-selection of people who like abuse.
- _2d30 2y agoStock price up ~88% over the last two years and just valued in an all-cash deal at $6.9B. Yup, they’re right on the verge of that demise.
- agrajag 2y agoThis is some serious cherry-picking. It's going private at a price below the initial IPO price of $48 from 3 years ago, and has generally significantly underperformed other tech stocks. They might not be about to die, but they're not exactly healthy either.
- _2d30 2y agoMe, demonstrating sustained performance over last 2yrs: cherry-picking. You, choosing IPO price from the frothiest IPO environment of the last decade: elevated, rigorous, robust to outliers.
- CobrastanJorji 2y agoOkay, well, we can settle an accusation of cherry-picking pretty easily. Why did you pick two years?
- _2d30 2y agoBecause it's an extended period, with a simple round time window that doesn't include the IPO pop from the frothiest IPO environment of the last decade. Happy to have gone with any time window outside of 2021. That should be clear from my comment. "But, Creddit", the ignorant accuser of cherry-picking whine, "why after 2021?" Because as anyone in tech knows, that was the frothiest IPO environment of the last decade. Source for those who aren't aware: https://site.warrington.ufl.edu/ritter/files/IPOs-Tech.pdf https://site.warrington.ufl.edu/ritter/files/IPOs-Tech.pdf
- cityofdelusion 2y agoSquare space IPOd in a borderline delusional environment of retail investing, stimulus money, and massive free cash flow. Pretty much every IPO from that era looks awful on paper, but the companies are fine balance sheet wise.