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It's dead in the "Microsoft is Dead" sense, which means that it's not actually out of business, but that it has ceased to be exciting, innovative or useful. Mic
by michaelochurch 13y ago
It's dead in the "Microsoft is Dead" sense, which means that it's not actually out of business, but that it has ceased to be exciting, innovative or useful. Microsoft is still in business, but no one finds it very interesting anymore.
The VC-funded game that has taken over the Valley is now just a way for those who were preselected to win at birth to launder their inherited connections and make it look like they built something. It's for legacy rich kids to make the appearance that they created something, when the hard work was done by hired-gun software engineers getting 0.05% equity slices.
- nickpinkston 13y ago> Hard work 'Replaceable work' you mean? It's far easier to engineer good software than to pick a problem worth solving and actually fund & execute on this idea. This replaceability is why you get 0.05% - take no risk, come late to the party - your reward will be less.
- mahyarm 13y agoBut many engineers are choosing to do exactly that with their micro-startup idea vs work for that 0.05% equity slice. Start up recruiters have a hard time and have to compete against Google hours & compensation or engineers going into business for themselves. On top of the equity slice can often disappear from a firing whim, since they often expire soon after you stop working for the company. On top of that many employees who leave startup's don't actually buy the options, as the founders of ESO fund found out.