2 ms·
3 months severance after having your job terminated for basically no controllable reason is "adequate," I'd say. Not super generous. Or even generous, by SV sta
by icelancer 12y ago
3 months severance after having your job terminated for basically no controllable reason is "adequate," I'd say. Not super generous. Or even generous, by SV standards.
DHH hit it right on the head: "SV companies are hemmoraging money! Stop spending it! BTW relocate everyone back to the most likely city to contain a bubble!"
- rtpg 12y agoslightly OT but it is crazy that so many companies that almost by definition shouldn't be wasting money still insist on setting up shop in SF. If the SV culture bubble is to be believed, all these people are working on their startups 100 hours a week anyways, so why not do it in a place where you're not relegated to eating cereal all day to make rent.
- myared 12y agoI think the larger issue is that investors (specifically ones with board meetings to attend) want to invest in companies in clusters so that they don't have to travel four times a year to a city with only one portfolio company. It's crazy that we're actually talking about reddit having a problem with remote workers when even state and federal government agencies are open to it.
- rtpg 12y agoEven weirder that these weren't even "just" remote workers, but branch offices in Salt Lake City and NYC.