3,186 karma · joined July 11, 2008
Minneapolitan in exile. My blog is http://recursion.org.
I usually go by "look" online but that was taken at HN when I registered.
That said, if the market falls it is easy to end up with a mortgage that costs more than rent, a fact that I am unfortunately familiar with.
This timeline is measured in decades, but imagine if San Francisco was easier to get permits to build?
Large swaths of the city are built under their _currently allowed_ zoned height (there was a map that went around, I wish I could find it). Add a few stories to some existing buildings, build on empty/underutilized lots, reduce parking requirements, legalize in-law units, add in the affordable housing bonus program...you'd be talking about tens of thousands of units.
I do agree there is a strong argument that this wouldn't be enough (Bay Area-wide coordination is necessary), but it would slow the rate of increase. For example, after an apartment building boom, Seattle rents are now decreasing: http://cityobservatory.org/in-some-cities-the-housing-constr...
Parking your car costs money. People should pay to use it if they need it, but the rest of us shouldn't have to. Right now, drivers are subsidized.
https://books.google.com/books?id=_h4eF9H9UtQC&pg=PA93&dq=%2...
http://www.motherjones.com/politics/2015/12/uber-lawsuit-dri...
Even if you do pick the right startup, you should be able to leave to pursue other interests, keeping the equity you earned as part of your compensation. Without a longer exercise window, employees can be trapped.
Source: Previously used it to power our status page.
At some point you have to commit to what you want to do and do it. There's some good suggestions in this thread for finding your first full-time gig.
One thing that I want to point out is that before you make the leap, you should save at least 3 months of living expenses. Most contracting gigs I had were billed at the end of the month with net 30 terms. That means from the day you start, it will be 60 days before you get paid (and net 45 terms are not unheard of, which is even worse). The key to successfully transitioning to contracting is to be able to make up that 2+ month gap in income.
Having savings is also important because you will rarely find yourself 100% utilized, so you need to be able to survive the lean times between contracts.
"Eventually you’ll discover the Easter egg in Git: all meaningful operations can be expressed in terms of the rebase command. Once you figure that out it all makes sense. I thought the joke would be obvious: rebase, freebase, as in what was Linus smoking? But programmers are an earnest and humorless crowd and the gag was largely lost on them."
http://typicalprogrammer.com/linus-torvalds-goes-off-on-linu...