m_ke

33 ms·

451.
by m_ke 5y ago
I was just thinking last night about what I'd coin as "Apple Driven Development". If you look at the wave of tech business trends in the past 15 years they're largely driven by what Apple allowed to happen on the iPhone.
452.
by m_ke 5y ago
Yeah it's a disaster in the US. I have a fancy title on linkedin so I wake up every day to an inbox full of personalized drip campaigns that don't even have an option to unsubscribe. I've been using fake names and emails for
453.
by m_ke 5y ago
Exactly, except these days with the way compensation has shifted at FAANG it's more like 1% vs 100% chance at 5mil in 5 years.
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by m_ke 5y ago
Things are getting a bit wild since the pandemic but prior to 2020 we only had a handful of tech IPOs per year, for every Uber there were thousands of promising failed startups. That's why in my other replies in this thread I recommend
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by m_ke 5y ago
Oh yeah forgot who ruined email, if that wasn't bad enough I can't even pickup the phone anymore because I get multiple scam calls per day.
456.
by m_ke 5y ago
Marketers are now busy ruining web search with blog spam and podcasts with sponsored content.
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by m_ke 5y ago
All of the rounds have shifted a bunch lately and companies are going public sooner than they used to. What I really meant was that you should join companies that are on a clear path to have a major exit within the next 2-3 years.
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by m_ke 5y ago
It's close enough to 0 to be a rounding error. Even some of the recent unicorn IPOs didn't return enough for employees to offset what they could have made working at FAANG. https://www.teamblind.com/post/IPO-m
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by m_ke 5y ago
Thanks for sharing. We should also keep in mind how privileged we are to be in the right place (US) at the right time. A lot of my high school friends (in Queens NY) are turning 30 and still living with their parents, unable to move out bec
460.
by m_ke 5y ago
Tech stocks have done really well the last 10 years and will probably continue to do so. People who joined Snapchat a few years ago made over a million a year thanks to the appreciation.
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by m_ke 5y ago
Getting $3K from people who switch jobs every 1-2 years can add up to a lot of money. How do you make money? We take a 30% fee of the amount paid out to either your backers or the company. EDIT: make that $6K, the payout for the h
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by m_ke 5y ago
Yes, ones that are obviously a year or two from an IPO or a major acquisition.
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by m_ke 5y ago
Important tip for people considering startups: only join ones that recently raised an A or B round from one of the top VC firms. VCs get to see all of the numbers and won't invest unless there's some sign of upside.
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by m_ke 5y ago
Even the ones that don't fail usually don't work out that well for employees because of liquidation preferences. It only takes one down round or mildly successful acquihire to wipe out employees.
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by m_ke 5y ago
That's the myth that keeps the whole thing going. For every successful exit that makes employees rich there's a 100 failures and acquihires. You should judge these deals based on expected value.
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by m_ke 5y ago
Other crazy part is how much startups are raising these days. Every other person that I talk to either just raised >$100mil or is about to.
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by m_ke 5y ago
Yes but unfortunately most startups can't afford to compete with monopolies. As the OP mentions I'd recommend anyone considering startups to value equity at $0 unless it's a late stage company with a lot of traction and top V
468.
by m_ke 5y ago
I'm a founder taking a significant pay cut and worked at early stage startups before that. Had a few hot new ML startups try to recruit me and their offers are nowhere near what my friends at FAANG are making. Last time I was looking f
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by m_ke 5y ago
Yeah I know a lot of FAANG people getting 500-600K packages. Makes it hard to even think about startups.
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by m_ke 5y ago
Also Andy Pavlo is my #1 celebrity crush, for people who are not aware his DB lectures are great: https://www.youtube.com/c/CMUDatabaseGroup/featured
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by m_ke 5y ago
Forgot the band link: https://ottertune.bandcamp.com/music
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10k John Deere workers on strike after rejecting contract(washingtonpost.com)
3 points by m_ke 5y ago|1 comments
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by m_ke 5y ago
From what I can tell Beanie Babies were not a pump and dump scheme. There's a high likelihood that a lot of NFTs are getting bid up by the sellers.
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by m_ke 5y ago
Yeah but now they'll be able to see everything you come across at 60fps
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by m_ke 5y ago
Can't wait for Facebook to start tracking what we do 24/7 in the physical world. https://mobile.twitter.com/ylecun/status/1448625453586071557
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by m_ke 5y ago
There's also a reason why Google, Amazon and Microsoft are the only companies that can compete in cloud computing, it's called economies of scale.
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Weights and Biases raises $135m at $1B valuation for MLOps platform(medium.com)
2 points by m_ke 5y ago|1 comments
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Top percent of US earners now hold more wealth than all of the middle class(bloomberg.com)
3 points by m_ke 5y ago|0 comments
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by m_ke 5y ago
https://www.istockphoto.com/photo/portrait-of-smiling-africa...
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by m_ke 5y ago
Another tip, there are a few browser extensions that can record your interactions and generate a playwright script. Here's one: https://chrome.google.com/webstore/detail/headless-recorder/...

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