mendriacus

23 ms·

1.
by mendriacus 16y ago
This is valid point, but its implications are limited: you're basically saying that if AIG collapsed, it would lead to further collapses (due to "the state of the financial markets at the time") and that could very well lead to GS suffering
2.
by mendriacus 16y ago
Reserving judgment about the other merits of this article - it's sad to witness again how simplistic, shallow generalizations are the norm when discussing financial matters: "Another thing which is crucial to the financial services industry
3.
by mendriacus 16y ago
Startup execs fully realize that their pitches and figures are incredibly optimistic (read: improbable). The prime recipients of such pitches - investors - are well versed in tuning them down and seeking the grain of truth within the hype.
4.
by mendriacus 16y ago
Many, many ways. First of all, "high" is relative. The exit may be high, but still not cover the funding, so all the proceeds go to the funding entities (the VCs) and maybe a few top executives / founders. That happens in countless startups
5.
by mendriacus 16y ago
"short tenures could also signify a rapidly growing company" Sure, but if everyone interviewing you are less than a year in, where are all the people who worked here before? And why are you being interviewed mostly or exclusively by junio
6.
by mendriacus 16y ago
The beauty of that last one is how there's absolutely no way to fluff it away. You're asking for a number. Your interviewer either gives it to you, or he evades. Another brilliant one is "how long are you planning to stay?". This can lead t
7.
by mendriacus 16y ago
This whole discussion about "job hoppers" is so bogus. Employment is a relationship. It has two sides. When one party decides to end it, the most common reasons are: 1) Other party's chronic inability to respond and satisfy the breaker-uppe
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by mendriacus 16y ago
> "In the case of Mahalo, it seems like they have a large asshattery factor (Calcanis is an overbearing idiot who will post nasty things about you on Twitter)" Why anyone would willingly work for someone like that is beyond me. You're s
9.
by mendriacus 16y ago
I won't really argue with that - although reality is that the vast majority of startups need to launch fast , or have the entire market move away from them, guaranteeing failure. If you're developing an innovative product for the iPhone
10.
by mendriacus 16y ago
Sure, if my senior developer had something horrible happen to him, I should allow him to work 0-2 hour weeks, keep him in the same position and payroll, and let my startup go down and hurt the lives of the other 9 employees who worked hard
11.
by mendriacus 16y ago
What "corner"? Having to launch a very successful product, very fast, or die - is what startups are all about. Certainly all the VC backed ones. And yes, anyone expecting any kind of job security at a startup, especially a VC backed one, i
12.
by mendriacus 16y ago
If you read my other comments in this discussion, you will surely see that I am in fact very pro-employee. I also am, however, very pro truth. Anyone who tells you he can have employees with low or zero productivity, for whatever reason, as
13.
by mendriacus 16y ago
As much as I support job changing (see my other comments), it's perfectly fine to stay at the same job for 24 years (heck, why not 50?) if it's really good, you're constantly growing, and can demonstrate a rising skill curve throughout. You
14.
by mendriacus 16y ago
Forget "dream jobs". This example is not just ridiculously inappropriate: it actually works against the authors point. If you founded a startup, then quit abruptly at the first sign of real challenges, and now you're trying to found another
15.
by mendriacus 16y ago
You're wrong for doing what's best for you, instead of what's best for an unreasonable employer such as this author. At least, according to this author, that is. Also, notice that the "Japanese Salaryman" model is not only completely unwork
16.
by mendriacus 16y ago
They're definitely not startups. If I need to launch a complex product in 6 months or die, I don't care whether my senior developer had his entire family die from serial dysentery. You're either working as hard as you can getting us to the
17.
by mendriacus 16y ago
The few successful startups I've known actually didn't have many "lows", and certainly not "dreadful" ones. They had a lot of stress, insane work hours, no life/work balance at all (since "life" was removed from the equation), but not too m
18.
by mendriacus 16y ago
The author talks about "generations", so we may mention this funny "generation" of 20-something entrepreneurs that try to hire people for little or no money (see the recent "chief intern" postings) to make the entrepreneur - ofter only a co
19.
by mendriacus 16y ago
This is very true. Good job pointing out how the author rambles about "generations" and what's wrong with them, trying to explain why an employee leaving a job he doesn't like is somehow evil and sinful. The article at part reads like the v
20.
by mendriacus 16y ago
I find the use of the term "loyalty" here not only immature, but dishonest and hypocritical. The plain truth is that tech startups, and especially the more cutting edge and fast paced among them, are some of the least loyal employers to eve