jchonphoenix

Having been at FB as well as multiple startups that became unicorns, I can tell you the "high stress" at FB is nothing compared to startups. On a whole, FB is a great place to work with very solid WLB.

My theory on the FB comments is because a lot of employees at FB have not worked elsewhere and compare to friends at Google or Microsoft. If you compare FB to startups or even finance, you're working significantly less with less aggressive targets and pressure.

The reason tech tends to compare vs FANG is that the "canonical" startup is founded by a Stanford or Harvard graduate and hires friends/employees exclusively from Stanford, Harvard, Carnegie Mellon, and MIT. This was certainly the case for the tech focused breakouts in the last few decades (FB, Google, Dropbox, Palantir, Stripe).

Given these are the example startups, every one of those employees more or less had a FANG offer as a backup.

This is out of date. At this point, many larger corp dev teams act like a recruiting team for acquisitions. They find leads and pass them to VPs

Mypy and Pyre appear to be the only two that work really well and can solve type-checking issues at scale.

Isn't it obvious? There's no profit here. Model out the math and you'll immediately see this is a horrible company to start economically

If you draw out your argument inductively, I think you'll find you proved the opposite of your claim. You get smaller and smaller houses until they cannot go smaller. Side note: smaller also translates into not affordable.

I'll second this one as a founder and early employee at a couple of the recent IPOs. The definition of "successful" here must be that the product and revenue succeeded, not that the team did well within the company. Otherwise, you're just filtering for politicians.

The reason this works is that you're identifying the individuals who are able to make success happen while having the deck stacked against them. People who have this skill and are in a successful company tend to have better experiences and can be more valuable. But it's also harder for you to identify.

The problem with a wealth tax is the definition of wealthy. The delta between the 1% and the 0.1% is astronomically larger than the difference between the 99% and the 1%.

I agree they won't do it, but it isn't laughable. I've worked at another FANG and have used a lot of the recruitment software you reference. That FANG rebuilt the software from the ground up internally and have successfully made their process much more effective to the point of it being a competitive advantage.

There's a tradeoff with building software internally and I agree is almost always isn't worth it. But the advantage is that the software has only 1 customer: yourself. That allows a level of product market fit that just isn't achievable with off the shelf software.

There's no rudeness in my comment. I'd argue the tone is much softer than the original post.

I agree that auto upgrades can cause enterprise nightmares, but my point is, you aren't using an enterprise product. You're using a free and unpaid product. Why do we have the right to attack and make demands of someone who isn't getting compensated?

How does a SPAC indicate a bubble? They're an alternative to an IPO with very clear pros and cons relative to an IPO itself.

Or do you mean to say the number of companies going public indicates a bubble?

Extremely rare. Taiwan and Hong Kong are very different places beyond both being ethnically Chinese. Singapore is the preferred alternative given cultural and business similarities.

Stackrox raised a round a few months ago so I'd expect the outcome to be positive here

I'll point you to Hong Kong, Singapore, Shanghai, and Tokyo as counterexamples. All of those cities are 3-7x denser than LA, more populous, and culturally multigenerational.

I think it's quite clear to anyone who's been paying attention at this point that behavior has more to do with containment than anything else. The US and perhaps LA in particular for some reason or another is unwilling or unable to implement the same behavioral safety measures of other countries and cultures.

Mask wearing is the obvious one. If you go to any of those 4 cities I mentioned, 100% of individuals in public are masked, whether indoors or outdoors. 6ft social distance is very strictly followed with public shaming for those that take off their masks or do not follow social distancing guidelines in public.

Uh... Pretty sure they're actually doing this to avoid the reporting requirements of new privacy laws in Ireland, which is more onerous and costly than the taxes.

Hence the comment about "IP"

You should read the actual proposal. I think you have a few facts wrong.

1. Data sharing on app store downloads is now opt in. 2. Apple apps are exempt because they are managed by different settings. You cannot opt out. 3. FB and Apple both plan to use this data to target their ad networks.

Apple is applying opt-in rules to everyone except themselves. You can't opt out of data collection for Apple apps and that data will power Apple ads.

If this isn't anti competition I don't know what is.

This is likely an over exaggeration, but software jobs will go the way of ibanking or law. Still highly paid, but not as lucrative as it is today.

You do realize this is exactly what my mother told me throughout my childhood right?

And this is what my nieces and nephew are told.

We don't really have to imagine what it feels like to be marginalized. In your own words, we already are.

I think the key here is that it's a bug in iOS, not in Instagram. So FB isn't even the responsible party.

Additionally, it's a beta version of iOS, so we're supposed to be expecting bugs anyway.

Editorialized title. Article confirms its a bug in iOS and not Instagram's fault

This title is editorialized. The article confirms that this was due to a bug in iOS and is not Instagram's fault.

I get the sentiment, but Ha was more helpful than she realized. I've been in this game from both sides the table. From this post, it's pretty clear she does lack basic knowledge.

She needs to understand how VCs are evaluating her business, what metrics and data she needs to show, and what types of businesses are even a match for the VC model.

Ha's post covers much of that. And having been in VC, the fact Ha even spent time giving advice is more than 90% of cold reachouts to VC can expect with a Google resume or not.

VCs write these 101 posts because they want founders to know when it's time to come to them and how to present the info. That's very much what she makes it seem she needed.

Genuinely curious how you fixed your joints. Do you have any reading or tricks that you learned?

The Uber card actually gives 2% cash back on online transactions, which includes Apple or Android Pay.

233k in the bay area isn't close to the top 1% and isn't a salary that will afford a lifestyle higher than what you would expect to be middle class.

You clearly haven't dealt with the cost of the bay area before. Your dollar's purchasing power is cut in half compared to the Midwest.

If by global, you exclude China with 1/6 of the world population, then sure. While you're at it, you should exclude Japan, SE Asia, and Russia also.

Say for example, your company needs about 1 million users before you can start charging any type of meaningful advertising dollars. Additionally, there's this virality affect that gets those 1 million users to get their friends on your product, so things will start to take off quickly, and then viola! You have a moat.

Only rub is, until you hit 1 million, you're making essentially $0. And that'll take lots of time, people, and servers that all need to be paid for.

Welcome to the social network.

Palantir has been closing multi hundred million to billions with the government before trump.

It's less than you think in the Bay Area. Above average engineers easily break 300k. Really good ones will break 500K.

After rent and taxes in the Bay area though, if you're in the 300k bucket, you'll only have 140k left not including higher food / transportation / private school costs. Definitely a good amount but much less impressive than the original sounds.