luffapi

21 ms·

211.
by luffapi 5y ago
If someone’s attention in the hallway is required for business success, it means the process and culture of the company are both broken. Ad hoc conversation are not how you run a scalable business.
212.
by luffapi 5y ago
Loudly conversing in the hallway is a terrible medium for exchanging information. Written documents are not only clearer, they scale in distribution and can be referenced later. Hallway conversations are temporal noise, at best.
213.
by luffapi 5y ago
Nowhere in that article does it talk about executive compensation coming solely from stock. Mismatched equity grants are one of the levers, but so is regular salary. Regardless, the fact is executive pay has been rising while worker pay has
214.
by luffapi 5y ago
As per the source I linked: the rich captured all the gains and failed to increase everyone else’s pay to even match inflation.
215.
by luffapi 5y ago
Here you go: https://www.latimes.com/business/la-fi-hy-musk-subsidies-201...
216.
by luffapi 5y ago
> What is something the rich have done with the intent to destroy the middle class? https://www.fastcompany.com/90642878/worker-pay-went-up-just... And that’s not even starting on lobbying and policy.
217.
by luffapi 5y ago
I did not claim Musk is alone in receiving corporate welfare. My argument is that he’s positioned to receive corporate welfare due to his being in the right place at the right time with PayPal. Plenty of other mediocre people are also rec
218.
by luffapi 5y ago
Yeah. Locally you’d be making like 170k at least and with remote, you’re back up to market rate of 200K+.
219.
by luffapi 5y ago
You’re discounting scale though. Just like Microsoft destroyed competition and innovation with their monopoly (only possible with government backed IP laws), Gates eliminates competition for philanthropy and policy by force of his fortune
220.
by luffapi 5y ago
You can use a lot of brain power just surviving in extremely hostile situations.
221.
by luffapi 5y ago
You’ve bought their propaganda. Bill Gates does immense damage by gaining control over large swaths public policy. We do not need or want any billionaire in control of policy. You’re literally arguing for oligarchy. When I said “nerd” I mea
222.
by luffapi 5y ago
Because allowing billionaires to leverage public policy is a centralization of control. It gives single individuals too much sway. You rely on them being benevolent (they’re not) and deal with their idiosyncrasies (at best). It’s bad system
223.
by luffapi 5y ago
The internet today… nerds will hero worship any billionaire regardless of how damaging their actions are. Gates, Buffet, Musk… do not have your interests at heart but they have created cults of personality that have been adopted by those wh
224.
by luffapi 5y ago
It’s about control. Gates and Buffet have massive amounts of control over public policy due to their “donations”. We as a society lose out when a few mega billionaires have anything to do with policy.
225.
by luffapi 5y ago
If you’re rich like Musk, wanting to raise money is enough. VCs will fund you if you have rich parents. Without a product, team, legitimate idea…
226.
by luffapi 5y ago
Elon Musk is mediocre, he’s just massively propped up with taxpayer money. There’s a laundry list of incredibly stupid things he’s done that don’t stick just because he has insane amounts of cash. > But I guess randos on the internet wi
227.
by luffapi 5y ago
It’s clearly an effective way to deal with homelessness, which California has a major problem with. The worst in the US.
228.
by luffapi 5y ago
The automotive industry famously received billions in government bailouts. Musk just joined them in the gravy train.
229.
by luffapi 5y ago
Certainly Musk isn’t the only beneficiary of corporate welfare. I don’t know the background of those other CEOs, but it’s safe to say if you’re getting billions in government handouts, you already have a good deal of personal wealth and con
230.
by luffapi 5y ago
Twice you say that Musk is fighting the government, but he is not. Neither Space X or Tesla would exist if taxpayers weren’t giving him billions in corporate welfare.
231.
by luffapi 5y ago
Two of those “businesses” only exist because they are funded by taxpayers. It’s a form of regulatory capture Musk spun up off the back of his PayPal money.
232.
by luffapi 5y ago
Yes it does. Do you think non-rich people get billions of dollars of government handouts?
233.
by luffapi 5y ago
Born to rich parents, and the right age and location to cash in on the original dot com boom.
234.
by luffapi 5y ago
Elon Musk is the poster boy for being mediocre but being in the right place at the right time, then leveraging power law gains after that. Enthusiasm is not a skill.
235.
by luffapi 5y ago
Bob and Alice should both feel resentment toward Joe’s son who inherited millions and owns the majority of stock in the company Bob and Alice are desperately trying to apply to. Unless you’re wealthy, the enemy is very clearly the rich and
236.
by luffapi 5y ago
I would not feel upset in that scenario. I would feel upset if my mother didn’t pay my brother’s rent and then my brother stole from me for food money and set up camp on my sidewalk, then died 9 months later. Homeless isn’t just something
237.
by luffapi 5y ago
It helps the most responsible people (and everyone else) by not causing a massive wave of homelessness. When people are evicted, they don’t vaporize. They’re still your neighbors, they just live on the sidewalk in front of your house. Wheth
238.
by luffapi 5y ago
> The middle class family that halted saving for a home to pay for rent is not harmed here? No, the middle class family benefits because there isn’t an army of homeless people in their city. If landlords find their speculation doesn’t
239.
by luffapi 5y ago
You can’t get a senior dev for 120k. Market rate for a senior dev is easily approaching 200k and that doesn’t count FAANG (in which case total comp for a senior dev looks like 400k /year). These numbers are only going up, due in part t
240.
by luffapi 5y ago
We’ll, you provided no sources and no informed critique of my sources, so I’ll just take the win here.

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