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kzhahou
searching PlanetScale…
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211.
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by
kzhahou
11y ago
One school+police district screws up, the entire nation up to the POTUS and numerous corporations extend their support... and his family then decides to leave the country?? Eh, fuck 'em. Seriously, he has huge opportunities here, bot
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kzhahou
11y ago
I'm picture a Demo Day for the incubator hosting uBeam, and also Theranos. It's very awkward, just a big crowded room with people looking around at each other, no one saying a word, interrupted only by the occasional "Can we
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kzhahou
11y ago
Actually, it's two letters away. PilloW
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kzhahou
11y ago
> because their test doesn't actually work all that well (I actually don't know enough about this part, as their work is mostly secret) they have to pivot a bunch of of their tests to using a different company's test machi
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kzhahou
11y ago
"Market wage" doesn't end the discussion. Some people had market wage, some had above, some below, many were millionaires or hundred-millionaires coming in. ~$300K is great cash, but it's peanuts relative to $6B. Everyo
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by
kzhahou
11y ago
I agree -- typical pitfall of average. Do you have any sense of what the equity numbers would have been like at year 0, 1, 2, 3... based on your general knowledge of startups (not necessarily Square)?
217.
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kzhahou
11y ago
Just a couple of days we all dissected Square's upcoming IPO. Valued at $6 billion, the average employee ( ) stock value is at $294K, or $73.5K per year of vesting. Not super awesome. ( ) Not a founder or executive/director, who
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kzhahou
11y ago
Was that a question for me, or why not looking at $$ earned per person instead of the %? Well, what is your opinion of the $ and % that non-founders get at startups (regardless of success)?
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kzhahou
11y ago
Your second video "isn't available"
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kzhahou
11y ago
Are you implying it's worth more or less? Or not implying anything but hoping someone here has an answer or analysis?
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kzhahou
11y ago
Wait, why did they tweet to Biden, McCain, and Ariana? They're not on the board, they're not known advocated for the company, and they didn't just make public statements about Theranos. That's just bizarre.
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kzhahou
11y ago
This could use a better title. I avoided the link all day thinking it was about quadcopters.
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kzhahou
11y ago
$294,000 -- Average employee $1,500,000,000 -- Jack (25%) $828,000,000 -- directors/execs combined (38.8%, per jwegan's comment), minus Jack. Jack himself will get as much $$$ out of Square as all his employees combined.... times
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kzhahou
11y ago
If it should be priced at $0/share, then I'd like to have 100% of it, please :-) Oh, but wait.... the founders want to get mega-rich if it succeeds! There is no inherent conflict between working on what you like with good people&
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kzhahou
11y ago
> All executive officers and directors as a group (13 persons) .... 61.5% LOL 13 people in the company own more than half. The thousands of employees get to split what's left after investors. 13 people will become BILLIONAIRES and
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kzhahou
11y ago
I can try to decompose a ~2-month task into one-day tasks, and still not improve my overall confidence level.
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kzhahou
11y ago
Thanks. Yeah, there's a fairly large number of formal management techniques, but like you said, they're very rarely used. PERT: https://en.wikipedia.org/wiki/Program_evaluation_and_review_... Barry Boehm
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kzhahou
11y ago
I can estimate some tasks very accurately. I know that adding this new flag to my system will take a day. Other tasks I can accurately say I don't know how long they'll take. This new feature is... a couple of weeks? This new a
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kzhahou
11y ago
Possibly slight off-topic grumbling... I automatically disengage when reading a post where the opening paragraph is just a high-five killing-it startup pitch. I understand we all gotta hustle, but it seems like the majority of posts by sta
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kzhahou
11y ago
Where are you moving to?
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kzhahou
11y ago
Your comment was obviously meant as commentary on the DevOps trend, but in fact devops is not so well-defined a trend to make a good target for sniping comments like this. I mean, people talk about "devops" today to mostly just
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kzhahou
11y ago
Sure. I picture it as: "Hey {on-call-engineer}, we're seeing a huge slowdown all of the sudden." "Was there any change in the last few minutes?" "We just deleted a database index." "Yup, that'l
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kzhahou
11y ago
Well the DB admin had just removed the index a few minutes before, and immediately the API times spiked. When you remove an index there is exactly one risk --slowdown-- and that's precisely what the admin noticed.
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kzhahou
11y ago
It doesn't matter that you personally know him and that he's a humble guy. They scaled to mega-usage with a small eng team --> scalability genius.
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kzhahou
11y ago
Without node.js? No.
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kzhahou
11y ago
We are discussing the need for 4100 engineers, not storage costs.
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kzhahou
11y ago
IIRC Instagram had ~13 employees when they were acquired by FB, and they were obviously already huge. WhatsApp had ~30 when they were acquired, and were also huge. ("Huuuuuge!", says The Trump) Those teams are gods of scalability
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kzhahou
11y ago
Lookit, I love Slack. Used it extensively in a huge team. But I do get tired of the constant thing around HN whenever a company releases some new feature, people immediately post a "Well, credit should really go to XYZ who did it firs
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kzhahou
11y ago
Oh, I know what literally means, my friend :-) But your reply literally made my head explode.
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kzhahou
11y ago
I've really enjoyed being able to congratulate friends on the birth of their children or their birthdays, with just one click. Super excited to be able to send one-click condolences now!
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