611–620 of 663 posts
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I'm pretty fortunate in that not only do I not have any debt, but my fuck you fund has enough for several months of full living/lifestyle costs. If I move back to my home country, then I have enough for two years.
Just curious, did you fund your FU fund living in the current place?
Hi everyone, I'm Joshua Hartman, the lead engineer for all of LinkedIn's consumer products. Thanks for all the passionate feedback here and we really appreciate it. I just wanted to say that we've been hard at work trying to improve the clarity of our products over the last year and this is something that we will continue to focus on going forward. Many of you have spoken of high volumes of emails. In 2015 LinkedIn b…
I have a question! I'm a student and have noticed 5 or so profiles that connect with 20+ of my classmates/friends with impressive but beleivable titles at well known companies (Human resources at IBM) [1] and generic job histories. The names only exist on linkedin. Its obvious they are either just scraping profiles or something more nefarious. What are you doing to stop the creation of these fake profiles? Why are my…
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> 30% decline in bay area real estate values. that won't happen. During the 2008 big burst everywhere in USA was felling apart but in SF real-estate was just down 5%-10%. SF can't expand easily since it's water 3/4 all around. Demand still high and supply very low. That won't change dramatically, with or without a collapse in the public market.
Exactly. Property values might not continue to grow at such a high rate but they aren't going to decrease by 30%. That's ludicrous.
It happened in many, many markets across the US and the world.
We just saw it happen!
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Bay Area's real estate is actually pretty cheap, considering how much economical output the area has and how desirable the location has been historically. Look at Vancouver, Hongkong, Shanghai, Moscow, Tokyo, all have waaaaay lower average household income than San Francisco Bay Area, yet wil much more expensive realestate price.
Living in British Columbia, I had always assumed Bay Area real estate would be astronomical. I found it surprising to see single family detached homes in the Bay Area for $300,000. That's entirely reasonable considering the potential incomes.
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You're still talking macro 101. I'm not talking about nationwide unemployment figures here. The key is that wages for /engineers/ will fall if funding and jobs disappear in the tech sector. Today's wages for engineers are high and will be unsustainable when things go bust. How much they will fall is anyone's guess. But the reasoning behind why they will fall is very straightforward.
Wages probably will fall but it's probably also more complex than that. Your extremely talented engineers who build things at scale and understand the fundementals, who are basically a safe per of hands, are still going to be in deep demand. Profitiable companies that work at scale are still going to have real problems and are unlikely to turn around and tell their engineers that they're going to be getting significa…
A lot of people hating on LNKD here, but this isn't really company-specific. This is a macro shift. LNKD being down by 40% by only guiding down 8% below estimates is a big warning of how the market is about to treat all bloated growth stocks. In 2013, if they reported the same results, the stock would have been flat or slightly down. It's a major shift in investor sentiment. Bubble bursts always start in the public m…
I think what we're seeing is institutional money moving around. Mutual funds, pension plans, and other such entities need to retain a certain ROI to ensure their primary objectives get completed--i.e. making pension payments every month. We need to look at the downturn on the public markets in the context of the public markets and who is doing the selling. If institutions are selling across the board, that's going to…
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> If there is a problem, the Fed will drop interest rates, maybe even go negative, and that will cause bond rates and conceivably mortgage rates to drop as well. The Fed has very little room to drop interest rates and won't do so to prop up the NASDAQ while the economy continues to grow and add jobs.
It's not to prop up the Nasdaq. In the doomsday scenario referred to above, housing prices dropping 30%, salaries went down 25%, etc. This is unacceptable to the Fed and they will do whatever it takes to counter this, including dropping as much money as possible. And they can go negative interest rates which would be crazy, but it's happened before, and currently going on in Japan.
Hi everyone, I'm Joshua Hartman, the lead engineer for all of LinkedIn's consumer products. Thanks for all the passionate feedback here and we really appreciate it. I just wanted to say that we've been hard at work trying to improve the clarity of our products over the last year and this is something that we will continue to focus on going forward. Many of you have spoken of high volumes of emails. In 2015 LinkedIn b…
Hm. You brag on your own LinkedIn profile about several interesting things: "Increased the number of invites generated from "people you may know" recommendations by 50%", "Intelligent blending of ads into the feed - able to increase sponsored content revenue by 50% without harming engagement". So okay, you're already very familiar with LinkedIn's misleading dark patterns. You are, for instance, making ads look like…
Hi everyone, I'm Joshua Hartman, the lead engineer for all of LinkedIn's consumer products. Thanks for all the passionate feedback here and we really appreciate it. I just wanted to say that we've been hard at work trying to improve the clarity of our products over the last year and this is something that we will continue to focus on going forward. Many of you have spoken of high volumes of emails. In 2015 LinkedIn b…
Earlier quoted context omitted.
Wages probably will fall but it's probably also more complex than that. Your extremely talented engineers who build things at scale and understand the fundementals, who are basically a safe per of hands, are still going to be in deep demand. Profitiable companies that work at scale are still going to have real problems and are unlikely to turn around and tell their engineers that they're going to be getting significa…
Most management can't tell the difference between the two.