marcinzm

12 ms·

61.
by marcinzm 1y ago
You still got 3% in a market that’s not in your favor. And likely you’d have had -3% otherwise and not 0%.
62.
by marcinzm 1y ago
Does this apply to TPUs or just GPUs?
63.
by marcinzm 1y ago
As an outsider my quick guess is that at some point after enough layoffs and the CEO accusing everyone of being lazy, people focus on speed/perceived output over quality. After a while the culture shifts so if you block such things the
64.
by marcinzm 1y ago
> no hope of ever correcting it That's a pretty bold assumption. Almost every startup that has succeeded was utterly unscalable at first in tons of technical and business ways. Then they fixed it as they scaled. Over-optimizing earl
65.
by marcinzm 1y ago
Because capitalistic incentives work. More riders = more money => incentive to get more riders. More riders = more cost/hassle => incentive to have fewer riders.
66.
by marcinzm 1y ago
> We are in a relatively capital-intensive business compared to a lot of the startups on HN. Doesn't that just mean that employee compensation is an even smaller percentage of expenses versus other companies? So you can ignore that
67.
by marcinzm 1y ago
Europe has tech companies. They just pay less.
68.
by marcinzm 1y ago
> How about pension? Fun fact I learned the last time this topic came up, social security in the US pays more than German government pensions.
69.
by marcinzm 1y ago
Many European cities aren't exactly low cost of living, and those that are have even lower salaries. In the end someone who was working at Google in the Bay Area for 15-20 years can retire if they didn't have life style creep (whi
70.
by marcinzm 2y ago
> I fully expect the founders of those businesses originally have dreams of their business becoming the next F500. But when validation fails... I take it you've not met many such people or business owners. No one except the utterly
71.
by marcinzm 2y ago
That's another reason I find the re-naming of small business to startup so silly. Putting a billion dollar company and a family small business on the same label is silly just because were started recently. Some startups are worth billi
72.
by marcinzm 2y ago
Startups aim to grow quickly. Every single definition highlights that difference versus traditional small businesses. Trying to re-brand small businesses into "startups" for the cool name factor just seems silly to me. If you&#x27
73.
by marcinzm 2y ago
That just sounds like traditional small businesses. Which is cool but re-branding them to "startup" seems silly. The US has 35 million small businesses and maybe 1 million would qualify as startups.
74.
by marcinzm 2y ago
> Some quick searching indicates that the startup rate (per capita) in Germany is about 1.1%, while the USA is 1.5%. Not a huge difference, but the USA doesn't have any of those initiatives afaik. It sounds like these are small busi
75.
by marcinzm 2y ago
> There should be an analogue of the Major Questions Doctrine to limit the power of juries for the same reason as for bureaucrats: legislators should answer those. Does this also apply in the case of government or corporate abuse against
76.
by marcinzm 2y ago
The main point of your argument is materially different if you mean $500m or $1.5m. I agree there's no point in responding if you're just going to flip flop to whichever is more convenient to that particular response and then get
77.
by marcinzm 2y ago
Your point being? The profit margin is after employee compensation.
78.
by marcinzm 2y ago
Just to be clear, your assertion was that NO EMPLOYEE contributes more than $1.5m/year to the company. > no employee contributes the average per-employee output to the company > Sub in $1.5m/year Are you standing by that or
79.
by marcinzm 2y ago
Coasting is exactly how I'd describe increase revenue by 6x in 10 years. "Coasting." > Are they though? Why is TikTok a thing if Google is so great at what they do? So your bar for success is having a perceptual monopoly o
80.
by marcinzm 2y ago
First of all, Pareto Principle, so some employees contribute a ton and many contribute less. Second of all, having been in tech individual employees do drive projects that wouldn't have happened without them for a decent amount of tim
81.
by marcinzm 2y ago
I'd answer but it seems you didn't read the first part of what I wrote or even the second part (I never said 500m/year). So not much point.
82.
by marcinzm 2y ago
Their special skill is ensuring they are the place where all ad money goes by being better at getting eyeballs for that money and being better at targeting ads to those eyeballs. Many many many companies have tried to usurp one or both side
83.
by marcinzm 2y ago
> The entitlement was and probably still is crazy. Google pays SWEs around $300k average total comp and gets $1.5 MILLION per employee (SWE or not) per year in revenue. With a profit margin of over 20%. A single project can increase reve
84.
by marcinzm 2y ago
Why do you assume it's for free? The compensation of a software engineer varies widely. The same experience can get you anywhere from $100k to $1+m. Perpetually doing less in fear of not getting paid enough for doing more is how you ge
85.
by marcinzm 2y ago
I'd say it's the opposite. Diversity of thought is what requires a top-down structure to force everyone to eventually go down the same path despite believing it's not the right path. If require everyone to just organically al
86.
by marcinzm 2y ago
> But if a PM does have a technical question, they don't need to go google stuff and figure it out - they ask a developer. In a good organization they first try to figure it out themselves versus distracting a developer (thus costin
87.
by marcinzm 2y ago
Unless you're working 80 hours a week you're not doing two jobs. You're doing one job.
88.
by marcinzm 2y ago
You're right, I didn't mean there shouldn't be PMs but rather that the PMs shouldn't be the sole people concerned with product.
89.
by marcinzm 2y ago
What you're describing is exactly the opposite of every actually successful team I've seen, and describes every mediocre team I've seen. Silos are death and not just in a code base. Good developers understand the product. Med
90.
by marcinzm 2y ago
Isn't this just called on-call? That's very different from a separate team.

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