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Travis CI Is Laying Off Senior Engineer Staff

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Re: Travis CI Is Laying Off Senior Engineer Staff

#101

Post by pas »

hnzix wrote: post #73
mbrumlow wrote: post #11

Earlier quoted context omitted.

This is not a investment. It is a tool for leverage. The goal is not to grow the company it's to get as many contracts as they can and lower the ebita. Once they do this they will take out huge loans for the next company to destroy. I don't blame the founders. But at the same time I think if enough of these deals for bad these types of investors will stop their bad practices. This sort of move not only hurts employee…

It sounds like a new spin on 1980s-style corporate raiding? Pillaging a company then moving on, leaving behind the carcass. I can't see how this behavior helps us as a society, it's legal but unethical.

I don't know if it's good or bad, but we like to think that vultures fill a niche, make ecosystems richer.

Sure, our economies and ecosystem of firms doesn't necessarily have to look like a full out evolutionary war for resources, but .. it sort of does, and it's not going to change any time soon.

So, im that sense if we want stable and nice companies, we have to care for them. Sort of like we do with pandas, rhinos, and so on.

One possibility is doing pledge, using corporate bylaws to try to guarantee some of that niceness. Do it through IT (and startup, and VC and so) communities' wall of fame/shame.

Re: Travis CI Is Laying Off Senior Engineer Staff

#102

Post by Sir_Cmpwn »

voltagex_ wrote: post #97
Sir_Cmpwn wrote: post #95

Earlier quoted context omitted.

You generally wouldn't go directly here. You'd start at the link I originally posted: https://sourcehut.org/ Or did you feel that this isn't helpful either?

Hi, sorry - I'm looking for more along the lines of "how much X I get for Y" - e.g. to do a few ARM kernel builds a month, what would it cost me?

It's not ala-carte. You pay your subscription fee and get unlimited access to all features. If you start to use more resources than is reasonable, I'll shoot you an email and talk about it. It doesn't sound like you would, though.

Re: Travis CI Is Laying Off Senior Engineer Staff

#103

Post by mbrumlow »

pas wrote: post #101
hnzix wrote: post #73

Earlier quoted context omitted.

It sounds like a new spin on 1980s-style corporate raiding? Pillaging a company then moving on, leaving behind the carcass. I can't see how this behavior helps us as a society, it's legal but unethical.

I don't know if it's good or bad, but we like to think that vultures fill a niche, make ecosystems richer. Sure, our economies and ecosystem of firms doesn't necessarily have to look like a full out evolutionary war for resources, but .. it sort of does, and it's not going to change any time soon. So, im that sense if we want stable and nice companies, we have to care for them. Sort of like we do with pandas, rhinos,…

The problem is these vultures tend to swoop in while the company is still alive and kicking. Everybody expects their company to do amazing in 3 to 5 years and if does not they kick it to the curb.

The problem is if you look at all the amazing companies that are doing really well. The majority of them took near 10 years to come to their own. Half the amazing companies in SV if ran buy these PE guys would not exist if they were given to them at year 5 of their life.

Re: Travis CI Is Laying Off Senior Engineer Staff

#105

Post by pas »

mbrumlow wrote: post #103
pas wrote: post #101

Earlier quoted context omitted.

I don't know if it's good or bad, but we like to think that vultures fill a niche, make ecosystems richer. Sure, our economies and ecosystem of firms doesn't necessarily have to look like a full out evolutionary war for resources, but .. it sort of does, and it's not going to change any time soon. So, im that sense if we want stable and nice companies, we have to care for them. Sort of like we do with pandas, rhinos,…

The problem is these vultures tend to swoop in while the company is still alive and kicking. Everybody expects their company to do amazing in 3 to 5 years and if does not they kick it to the curb. The problem is if you look at all the amazing companies that are doing really well. The majority of them took near 10 years to come to their own. Half the amazing companies in SV if ran buy these PE guys would not exist if…

If it was that alive and kicking founders wouldn't have sold it off to the vultures. :/

There's difference between PE and PE. Look at SoftBank's Vision fund, they want to invest still more than 100B USD (it's already at around a 100), they want to fuel growth of sectors, etc. And then there's "company turnaround management", where the employee count chart gets turned around, and cashflow becomes king.

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