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burutthrow1234

249 karma · joined March 24, 2024

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burutthrow1234··on Andy Bechtolsheim charged with insider trading
Tipping is still illegal if you know the recipient intends to trade. The person who asked him for advice trusted him with material non-public information, if he shares it and it gets traded on he's liable either way.

To be clear the person who asked for advice was not tipping because they had a reasonable expectation that he would obey securities law and not trade based on the information. They were asking for actual business advice.

burutthrow1234··on Andy Bechtolsheim charged with insider trading
If the penalty for a crime is a fine, it's only illegal for poor people.

I think it's pretty clear that the law works differently for a man with 16 billion dollars. I don't mean that in a positive way.

burutthrow1234··on Ask HN: How common is developer burnout? Have you ever been burnt out?
I manage a niche retail store for a hobby that I'm passionate about. It's nice to be out of the house and talking to different people.
burutthrow1234··on Ask HN: How common is developer burnout? Have you ever been burnt out?
My career history (across different businesses):

- 4 years working in-house on software tools. It was not very stressful but also didn't pay great and the tech stack was out of date.

- 2 years doing boutique consulting. Lots of interesting challenges but very stressful and high pressure. Pay was surprisingly mediocre and there was a lot of sales involved.

- 6 years in series A/B startups. Lots of autonomy but the hours can be brutal, even at places that claim to value work/life balance. Pay is also not great unless you get a winning lottery ticket.

- 5 years in post-IPO "startups". There are pockets of good culture and pockets of shitty culture. As long as the stock is doing well you're golden for comp. The trick is to land on a good team where your boss is politically connected and can shield you from insane demands on your time.

Edit: I went through varying waves of burnout at all these places. For me the thing that helped the most with burnout was having customer interaction and knowing I was solving a real problem. Ultimately I left tech and started working with people more directly which is way more fulfilling.

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