dmode

48 ms·

481.
by dmode 7y ago
I have a hard time believing this story. You can get 1-bedroom apartment around 3k in SF or neighboring areas. You can afford that with entry level wages
482.
by dmode 7y ago
If you are still lying $500k, what’s the point of that move ? Also, network effect doesn’t change. I will never move out of SV/SF as I know I can walk down the street and get another $500k job
483.
by dmode 7y ago
Actually, SF has increased its lead over other regions in startup creation over the last few years. See VC dollars invested and you will see how much of that is concentrated in SF
484.
by dmode 7y ago
It is not about an oasis, it is about top of the funnel. To hire 1 eng, you have to interview 5-10, and have to phone screen 20-30, and have have hacker rank tested 100-200. Now scale that to a 1000 person eng team
485.
by dmode 7y ago
This is surely exaggerated right ? I know CEOs of large startups who live in mansions in Woodside, Berkeley, Mill Valley etc
486.
by dmode 7y ago
I have a hard time believing most of their payroll is here. Strip is fairly disturbed and probably has huge ops and customer service teams in low cost locations. Their payroll footprint in the city, while significant, will not be burdensome
487.
by dmode 7y ago
Airbnb office is in SF proper and walkable to Caltrain and BART. South Sf is not remotely comparable.
488.
by dmode 7y ago
As someone who has worked in South SF for years, it is pretty bad for employees. It is a cultural wasteland with few restaurants or interesting things to do. Transit is also poor as both BART and Caltrain are in awkward locations. And the f
489.
by dmode 7y ago
I believe it is gross receipts within the City. The impact is surely negligible
490.
by dmode 7y ago
You can play with your net income numbers, but your top line revenue, gross margin, cash flow, and cash on hand are hard to manipulate
491.
by dmode 7y ago
"Tesla Killer"
492.
by dmode 7y ago
Strange thing not to understand. There are real repercussions - a number of people will be laid off who only a few months back were promised a healthy company and an absurd valuation. The people laid off may lose their health coverage. They
493.
by dmode 7y ago
It begs the question, which tech company ? - WeWork, Uber, Facebook ?
494.
by dmode 7y ago
Texas has a higher poverty rate in California https://en.m.wikipedia.org/wiki/List_of_U.S._states_and_terr...
495.
by dmode 7y ago
That’s right. It is a supplemental measure impacted by housing costs. Which in turn is driven by unprecedented economic growth and NIMBY population. But is very different than poor people not having access to healthcare, food, schools etc
496.
by dmode 7y ago
How can you compare states with little population to a state with 40 mn people ? Of course numbers will look better in a smallish state. Also, how do these states perform when it comes to healthcare access, LGBT rights, environmental change
497.
by dmode 7y ago
That doesn’t equate to “developing country” like living standards as the OP was suggesting. There is a distinction. As someone who actually was born and raised in India, this is not even remotely the same thing. It is like saying traffic ja
498.
by dmode 7y ago
You are conflating so many issues here. 1) your experience in DC - you are ignoring the whole history of segregation and white flight and residual racism that makes DC what it is. These are not issues in central Texas 2) what you experience
499.
by dmode 7y ago
Here’s the list of states by poverty rate https://en.m.wikipedia.org/wiki/List_of_U.S._states_and_terr... California is somewhere in the middle. Failed red states have the worst poverty rate
500.
by dmode 7y ago
I think you are conflating entirely two different concepts. NIMBYism is a unique California value and closely related to California history rather than a true left ideology. In fact, leftist policies are for more denser urban development, p
501.
by dmode 7y ago
“If you remove the smart people, IQ goes down”
502.
by dmode 7y ago
This comment makes no sense. In developing countries power gets shut off, because there is not enough of it. CA actually over produces power. The shut off is a result of acute climate change and dry conditions that have affected the state.
503.
by dmode 7y ago
In many places across the world, there is barely any government to act on these things. A functioning government is limited to a handful of countries
504.
by dmode 7y ago
What about refusing to serve black people ? This was literally the premise of civil rights.
505.
by dmode 7y ago
Naval, like most VC investors, think too highly of themselves and go on twitter tirades in areas where they have absolutely no clue what they are talking about. The quote above is a real example. Their views are tinged by living in advance
506.
by dmode 7y ago
This is just nuts. Wasting tens of billions of dollars. More and more the vision fund looks Saudi’s vehicle to throw money away. There must be some underlying reason why they are ok with wasting this much money. I bet the billions wasted on
507.
by dmode 7y ago
Boulder only has a handful of companies and a very high cost of living. I don't think it is a wise choice for all. At the end of the day, if you are making bank in FAANG, there is nowhere in the world remotely comparable. Everything el
508.
by dmode 7y ago
Are you seriously considering an extremely boring and bland US metropolis to living in country that is the middle of Alps ?
509.
by dmode 7y ago
Not sure why you are getting downvoted. But Switzerland is a stunning country, with snow capped mountains and lush green hills everywhere. And unbelievable public transit and train system. I don't think anywhere in the US is comparable
510.
by dmode 7y ago
Turbo tax is a consumer product and is optimized for that. Selling Turbotax to an enterprise will yield very different results

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