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Silicon Valley is changing, and its lead over other tech hubs narrowing
71–80 of 125 posts
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#72another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…
> "we need to hire more female engineers even though none are applying."
> abysmal dating environment
It's kind of funny you say that you're sick of people complaining about lack of diversity then you yourself follow it up with a complaint about a lack of diversity.
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#73Earlier quoted context omitted.
So, paying competitive is now being "entitled". Engineers have been played for far too long, and this post shows that it isn't over yet. I, for one, am glad that silicon valley is going the right direction in terms of the total comp for engineers, which has been kept artificially low until facebook came to the scene.
He didn't actually say that he was thinking of high pay in respect to being 'entitled'. There are lots of other ways SV based workforces show this characteristic, e.g. the constant complaints about the exact nature of the free food I saw when I was at Google. Whilst the no-poach agreements were wrong, I don't think comp was kept artificially low in the way you mean. What drives up comp in the valley at the moment is…
You think it’s better that they return money to the fat cat investors then to invest in their own products?
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#74another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…
are loyal instead of jumping to new shiny stuff at every opportunity. - have skin in the game Why do companies expect “loyalty” beyond the employer gives the employee a paycheck and the employee works X number of hours per week, doesn’t try to compete with the employer while at the company, and doesn’t steal IP? Does the employee have an ownership stake in the company? If not, the only “skin in the game” they have is…
Why do you think that companies don't care about employees? Everyone who works at a company has an emotional stake in the work, the product, and usually pride in what they do. That matters.
Most founders that I know do care about their employees, they want them to be happy, productive, and have a great career. It doesn't always work out, but the intention is there.
Companies are run and owned by people, especially the small ones, and people empathize and care about other people.
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#75another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…
I wouldn't want to live or hire in SV either, but your Russian engineers are only loyal because the Russian economy has been in a tailspin since 2013. It's not that SV engineers are entitled, they just have options and your Russian friends don't.
I also don't see how wanting more female engineers could get in the way of building products so I'm not sure why you threw that in there. It's not like people are staring at the wall all day pondering diversity issues instead of building products.
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#76good quote: ...it costs at least four times as much to base a startup in the Bay Area as it would in most other cities in America.
I expect it is also at least four times easier to raise capital in the Bay Area as it would in most other cities in America. These things have a way of evening out.
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#77Earlier quoted context omitted.
Your comment is a verbose version of "I exploit economically, socially and politically depressed and/or oppressive environments to find workers who won't demand much for fear of losing a job" with some extra (mostly subjective or false) decoration around it.
How do you know he's exploiting them? He didn't tell you how much he pays them.
The same way I know someone who says "Them immigrants just steals our jobs" is ignorant and racist. Put it this way: there is a slim chance he's paying Bay Area wages and treating his employees well, but odds are he's just paying a bit more than the regional median or average and treats his workers like disposable tissues besides.
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#78Silicon Valley will remain to the IT industry what Wall Street is for the commerce.
It is the peak, the absolute peak of humanity's IT pursuits.
I am not American, nor live in US and never been or worked in/for Silicon Valley and yet this is how I feel about it. Sure, there are good times and bad times but just like wallstreet has remained global champion of the commercial world, so will SV. I have zero doubts about it.
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#79Earlier quoted context omitted.
This is exactly why I left a quantitative trading company in NYC and moved to Poland for software engineering talent. This certainly baffled my coworkers. More and more companies will eventually recognize the talent abroad is how you want to supply your business, while the market demand you want will still remain in the U.S.
How about someplace in the USA that isn’t SV or NYC?
It's easy for talented people in the US to move to SV and NYC.
It's a lot harder for the same kind of people abroad to move to SV and NYC.
Re: Silicon Valley is changing, and its lead over other tech hubs narrowing
#80Earlier quoted context omitted.
How do you know he's exploiting them? He didn't tell you how much he pays them.
The same way I know someone who says "Them immigrants just steals our jobs" is ignorant and racist. Put it this way: there is a slim chance he's paying Bay Area wages and treating his employees well, but odds are he's just paying a bit more than the regional median or average and treats his workers like disposable tissues besides.
You're ignorant for making up a narrative the commenter never put forth.
Also, I think it's odd that you consider regional median and average wages to be exploitive.