tempsy

35 ms·

571.
by tempsy 4y ago
my guess is that competition for jobs at mega corps is actually going to become relatively fiercer because everyone now is seeking a flight to safety. i do wonder if that means that companies can get away with offering smaller compensation
572.
by tempsy 4y ago
guessing it has a lot to do with pay discrepancies
573.
by tempsy 4y ago
doubt it for “big tech” eg Microsofts and Googles and Apples of the world. they seem to be largely doing fine despite whatever is happening to valuations. yes for companies with no profits and no sustainable business model eg the Ubers and
574.
by tempsy 4y ago
people said the same about Netflix vs other streaming competitors you’re the leader and category creator until one day you’re just another player in a sea of competition
575.
by tempsy 4y ago
something tells me Zuck is ironically one of those parents who is very strict about screen time with his kids.
576.
by tempsy 4y ago
think it’s more like a barbell. last time Uber did a mass layoff it included a lot of more senior managers who had been there awhile. they are far more expensive than the entry level new hire who is actually doing the work…
577.
by tempsy 4y ago
This is like the definition of being scared into obedience.
578.
by tempsy 4y ago
ageism is rampant in software engineering. it’s more like a professional sport where you might be relatively high paid for awhile but unless you’re one of the few who can transition to management you will be in a precarious position at some
579.
Update on Hiring Plans(blog.coinbase.com)
374 points by tempsy 4y ago|480 comments
580.
by tempsy 4y ago
anyone who follows the stock market will not accuse me of being hyperbolic about FB’s stock plummeting in recent months, and yes 5 months is also “a few” lol…
581.
by tempsy 4y ago
QQQ is down 23% ytd so they underperformed the Nasdaq 100 by 2000 bps. that is objectively “a lot” especially for a mega cap.
582.
by tempsy 4y ago
Yeah but that isn’t what I’m referring to. It’s clear FB is investing billions to build their vision of the Metaverse in house, at least for now, and my point is that they haven’t actually proven to anyone that they are capable of building
583.
by tempsy 4y ago
ok sure but that was clearly one of them. pretty clear that she did not want to be the face of a controversial company given that she often leveraged her role to talk about being a woman exec in tech eg “Lean In” and that all but disappeare
584.
by tempsy 4y ago
sure it does
585.
by tempsy 4y ago
-44% ytd lol why write something in bad faith?
586.
by tempsy 4y ago
-44% ytd is epic
587.
by tempsy 4y ago
Agreed that FB hasn’t actually proven they can build something from scratch that reaches critical mass. They would’ve have been long doomed had they not bought Instagram. Every other popular app eg Oculus and Whatsapp was also acquired.
588.
by tempsy 4y ago
Well the epic stock slide over past few months would tell you investors are highly cautious about the company’s future.
589.
by tempsy 4y ago
I mean hard to leave a job where you’re getting paid hundreds of millions.
590.
by tempsy 4y ago
Is it really? I don’t think it is. Pre-Trump era she was more the public face of Facebook than even Zuck. Then when the Cambridge Analytica scandal basically did a 180 on the entire reputation of the company she effectively disappeared from
591.
US Charges Ex-OpenSea Exec with NFT Insider Trading(coindesk.com)
5 points by tempsy 4y ago|0 comments
592.
by tempsy 4y ago
if you leave the company you get a refund for whatever it is you don’t vest. i feel like people who are acting like early exercise is money down a black hole aren’t aware that if the company is going nowhere you will probably know that long
593.
by tempsy 4y ago
These types of companies self select for people who are comfortable taking on more risk. If this is your thought process why would you even put yourself in a situation where you pick an offer from a company that offers options as part of yo
594.
by tempsy 4y ago
if that’s truly how you feel why would you accept an offer where that’s how a significant percentage of your compensation works? these types of work environments self select for people who are comfortable taking on risk. no one is forcing y
595.
by tempsy 4y ago
Define “most people”. $10k maybe a lot for a new grad but isn’t if you’ve worked even just a few years, especially in a high paying role in tech elsewhere.
596.
by tempsy 4y ago
This is why you should early exercise and file an 83B election whenever possible. Personally would avoid working at any startup that is in the awkward middle stage and would require you to shell out six figures just to exercise some questio
597.
by tempsy 4y ago
I’m not sure what you’re getting at. The mass shooting that happened 2 weeks earlier was in New York. And the social issues I pointed out are not state specific. I’d argue it largely applies to the US as a whole.
598.
by tempsy 4y ago
People seem to be trying to argue Europe and the US are very similar culture wise but I don’t think that’s true at all. IMO the biggest problem with the US over Europe is lack of social cohesion, lack of familial cohesion that includes exte
599.
by tempsy 4y ago
they probably aren’t burning cash quite as quickly as Fast but product simply doesn’t seem that interesting or differentiated to me at all. and similarly to Fast can’t recall a single merchant I’ve shopped from that actually uses it. and wi
600.
by tempsy 4y ago
5% for a 30 year mortgage is not really that high historically speaking. The problem is more that prices are very high and supply remains very low.

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