ptmcc

18 ms·

151.
by ptmcc 6y ago
Granted for much of its history it was a science project. Blue was tiny for most of its history. The push to scale up and become an operational launch company has only ramped up in the past several years. They still move somewhat slowly a
152.
by ptmcc 6y ago
The best many non-founders can hope for is a cushy acqui-hire deal. I've had several friends have the startups they worked for acquired, and their equity was worth nothing due to valuation and unfavorable liquidation preferences. They
153.
by ptmcc 6y ago
Let's be careful here and not conflate options and RSUs, especially comparing between startups and public companies. Options in a startup are extremely likely to be worth nothing, ever. Not only does the company need some sort of liqui
154.
by ptmcc 6y ago
This is going to backfire for LastPass I think. It has stayed stagnant for years and performance has slowly degraded despite my devices getting much faster. When it was free it was easy to stick with it despite its flaws because of momentum
155.
by ptmcc 6y ago
If that's as a developer in a US city that's pretty underpaid
156.
by ptmcc 6y ago
The oft-quoted 4% figure is accounting for inflation. The nominal average return of a balanced portfolio over time is more like 7-8%.
157.
by ptmcc 6y ago
It's an average inflation-adjusted expected rate of return over time of a balanced portfolio, not a guaranteed rate every year. Some years might be 10%, some years might be -10%. Historically, about 4% is the safe drawdown rate. FIRE f
158.
by ptmcc 6y ago
300-500k/yr total comp
159.
by ptmcc 6y ago
I've come to similar conclusions as you. > the anticipation and research heightens the joy of actually getting the thing I've found that the research and thinking process is often the most fun part, and that I can replace that
160.
by ptmcc 6y ago
My home is wired with Cat5E and a gigabit switch, and my wired connection delivers consistent, uninterrupted, near-zero-latency 1gbps connectivity 24/7. I have two different nice wifi APs running all the latest standards and even on ne
161.
by ptmcc 6y ago
I've experienced this as well, even after years of experience. The fundamentals all transfer, but ramping up on an entirely different language/stack/toolchain, an entirely different business/industry, and an entirely dif
162.
by ptmcc 6y ago
> his character is beyond the pale I don't think this means what you think it means. You just insulted his character, not praised it.
163.
by ptmcc 6y ago
Whenever someone is championing a "no code" or "configuration driven" solution for business processes all of these things you just described are alarm bells ringing in my head. Especially when it is anything involving fi
164.
by ptmcc 6y ago
The problem with every no-code solution I've seen is that it is dependent on a sufficiently detailed specification with defined handling of edge cases and errors and exceptions... and at that point your specification starts to look an
165.
by ptmcc 6y ago
I empathize, and I feel like I watched this happen a few times to new hires at my old job. A glowing Glassdoor profile is as much a reflection of engagement with Glassdoor as it is the quality of company and work environment. An "engag
166.
by ptmcc 6y ago
It's not parked in my garage, equipped with racks set up exactly as I need, next to all my outdoor equipment ready to go. I drive a 16 year old car that has been paid off for many years. Insurance is <$1k/yr. Average maintenanc
167.
by ptmcc 6y ago
Many (most) minimum wage jobs do not provide any meaningful benefits, so it's tangential to the minimum wage in most cases. There's no doubt some fuzzy math involved to extrapolate inflation over the course of 50+ years, but I don
168.
by ptmcc 6y ago
Yes. There is usually a base retention grant every year, which is roughly one quarter of a new hire grant, with a 4 year vest. Then there are tiers of additional performance grants on top of the retention grant, which can be significant, pe
169.
by ptmcc 6y ago
I'm one of those night owls, thank you. I've had to deal with early morning standups in the past and it was soul crushing and a huge net-negative for my work. Fortunately my current team does 11:15 which works great, especially fr
170.
by ptmcc 6y ago
A feature for sales and marketing, a huge bug for design and engineering.
171.
by ptmcc 6y ago
Doing 60 interviews is certainly not my style of job-hunting, but I think it'd be pretty dang easy (but a ton of work) to line up that many interviews in a few month period if you are not overly selective in companies you interview wit
172.
by ptmcc 6y ago
I agree, but the fact that there was a forest/logging road in that area as recently as 50 years ago does indicate that it is an environment recently impacted by humans.
173.
by ptmcc 6y ago
I've always wanted a really simple scripting or rules engine tools for my workers to automate them. Just a simple if-then block like: if (floodplains) { build farm } if (forest) { build lumbermill } if (jungle) { do nothing } It wouldn
174.
by ptmcc 6y ago
Yes, most seniors survive on Medicare. Our society has completely forgotten how prevalent and crushing elder poverty was prior to Social Security and Medicare being enacted. The majority of seniors in this country depend at least partially,
175.
by ptmcc 6y ago
787 was an exercise in out of touch MBAs and execs trying to run an engineering and development program with all the worst business & management practices, and the results show. Such a shame because the 777 program in the 90s was an exc
176.
by ptmcc 6y ago
> But "data mining" is also a term for analysis which finds patterns or insights in a large dataset, i.e. data is the input from which more valuable results are filtered/composed/summarized. I thought Palantir was all
177.
by ptmcc 6y ago
> a funny ownership dance Oh well ok then, they don't do any data collection or mining, they just sell the tools to empower three-letter agencies to do it more effectively. Conscience is clear then!
178.
by ptmcc 6y ago
Isn't their entire business based on collecting, mining, and selling data to government intelligence agencies?
179.
by ptmcc 6y ago
> I've never written an email that was too long and then later realized it should have been way more concise. I kind of think we'd have to poll the recipients, not the author, for that sort of analysis. I find myself trimming d
180.
by ptmcc 6y ago
As an accredited investor you can potentially get in on private fundraising rounds. But most private equity would rather work with a few high value investors instead of many small value investors. It's just so much simpler. Opening the

More ›