Live data from Hacker News

Netflix CEO explains why he pays technologists huge salaries

insights.dice.com

421–430 of 448 posts

Re: Netflix CEO explains why he pays technologists huge salaries

#421

I have no opinion on Disney, as it's not available in my country, but generally for me Netflix's latency from the play button is much better than youtube's or HBO Go's. HBO's app / web page is full of bugs that would be probably easy to fix (it gets stuck even after I turn my new Samsung TV off and on again, I need to force quit the app). At the same time while youtube offline video watching always works for me on my…

I loved Designated Survivor but HoC is still better imo. Would love to find some new political dramas!

As other wrote Billions, and Broadwalk Empire are bothe great.

As for designated survivor it was a nice copy of house of cards, but lacked the level of storytelling that went into house of cards.

Re: Netflix CEO explains why he pays technologists huge salaries

#422

Earlier quoted context omitted.

That's not exactly what he said was it, he was talking about the interplay you get with every one in the same room. Ill give you an example I did a RAD (agile) project with one other developer back in the early web days two of us flew up to Edinburgh and given a clean room and with a co located team produced some thing that another group had quoted two years. Netflix are not paying some one 500k to half arse JIRA tic…

I understand your example and there are definitely cases when working as a team in person makes you (much) more productive. However, Hastings went to the extreme. Especially for people who read headlines and article summaries, he sends a very clear message: * Netflix’s Reed Hastings Deems Remote Work ‘a Pure Negative’ ( https://www.wsj.com/articles/netflixs-reed-hastings-deems-re... ) * Netflix CEO Reed Hastings on W…

Not sure he went to an extreme the head line implied it and those other CEO's pure presentism in a lot of cases

Re: Netflix CEO explains why he pays technologists huge salaries

#423

It's interesting that Netflix's strategy with content is almost the complete opposite. Pump out junk reality TV and test lots of shows for a season only to drop them once they don't put up acceptable numbers (i.e. get past the Initial Probationary Period)

Netflix's quality of content on original shows really took a nose-dive the past few years. They had a stable of excellent shows with writing punching above the pack compared to network TV or cable: HOC, The Crown, Stranger Things, Narcos to name a few. But recently some of those shows have been spun out/watered down to death, and a ton of junk has been released by them. I'm rather bearish on this company think barrie…

I agree the barrier to entry should be low, but it apparently isn't from a tech perspective, hence this article. See the comments further up the thread. Maybe the HN crowd is just unusually sensitive to app quality, but I think Apple showed pretty conclusively that consumers respond well to quality tech. It shouldn't be really hard to run a video streaming and recommendation service at scale, but, it is. That tech isn't off the shelf, you have to build it. And to do that you need to be able to hire and attract good technologists.

This matters because a repeating theme seems to be that the only people who can build competent tech teams are engineers. A generic media executive will find it much harder going because they don't have any intuition for the skill gap being discussed by Hastings here. Disney+ seems to have managed it but only by buying buy theirs from a sports streaming firm that had already proven themselves effective, if I recall correctly. Obviously there's a limited number of opportunities like that.

So I guess it's a question of what's harder - for an engineer to build a great content operation, or a media guy to build a great tech operation. So far it seems like maybe neither are possible, although Netflix has had some great content perhaps that's more luck than anything else? If so then it'd make sense for eventually these firms to form a truce, with Netflix focused on the retail/online store aspects and other firms creating the shows.

Re: Netflix CEO explains why he pays technologists huge salaries

#424
The best engineers are aware of the fact that the higher your salary, the more pressure there is on you. Some will opt to take a lower salary. If you make their salary extremely high, the step down to a cushier, less-stressful but also lower-paying job is MUCH lower-paying, so fewer engineers will take that route.

Re: Netflix CEO explains why he pays technologists huge salaries

#425

Earlier quoted context omitted.

Are they actually shooing away folks with experience, or do they get a tonne of successful applications from people with experience, and to limit the overwhelmingly large number of applications they filter for those who have experience and can do leetcode?

A person from Netflix would have to respond, but if they're anything like other tech companies, they're doing a shit job of hiring. Huge salaries are one way to mitigate that, by holding on tight to the good ones.

> if they're anything like other tech companies, they're doing a shit job of hiring

Facebook grew from 17K employees in 2016 to 45K in 2019. 38% annual growth, and the vast bulk of that was in engineering. "Only" 17% at Google, but it was already larger so the absolute numbers are higher. 22% at Netflix. This is hardly a "shit job of hiring" as you say. I often saw such growth numbers at startups, but never at companies with headcounts already in the thousands let alone tens of thousands. They're doing a fantastic job at hiring.

Part of the reason they're hiring so much is because they have to. Again contrary to what you say, they are not holding on tight to the good ones. The number of people who leave after two years - at all levels - is almost as stunning as the number coming in. Big Tech is notorious for this. The good ones might leave to found or join startups, but leave they still do. The high compensation actually facilitates such departures as much as it discourages them (certainly did for recently-retired me), except among the exceptionally greedy.

These companies are not pools of carefully selected and tended talent, with low rates coming in or going out. They're more like massive pipelines, with huge numbers entering and leaving all the time. The coding interviews are a very coarse filter to keep out the worst of the dreck, but they also keep out many good engineers. I've known several demonstrably excellent engineers who failed in that moment, and more who self-selected out of the process for various reasons. The people who can get in are barely distinguishable from those who got jobs elsewhere via more traditional interview processes, except for skewing very young.

Re: Netflix CEO explains why he pays technologists huge salaries

#426

Earlier quoted context omitted.

My manager was forced to go help his family in a foreign country for a month and they fired him before he returned. They did this almost routinely (and still do from those I speak to) to people who had to take time off. It’s a highly political and backstabby kind of place. It’s the only company in SV I’ve worked at (been at more than half of FAANG) where yelling matches were not uncommon in meetings. The culture slid…

Where do/did you work at Netflix? I've never seen nor even heard of these things in Open Connect after 5+ years..

All I’ll say is that I was in engineering on a team that worked with the OC team.

Re: Netflix CEO explains why he pays technologists huge salaries

#427

Earlier quoted context omitted.

To the edit: more like I was deeply unsatisfied with each and every non-whiteboard interview process. This is regardless of outcome, including many offers and years of working at companies with broken interview processes. I don’t think whiteboarding is a great methodology, but the other methodologies are worse. As an interviewer, I find it stressful to give whiteboard problems and my data point usually feels fairly n…

The interviews I had, usually are a discussions about the projects I had done and the choices I had made and questions that stem from there. I am not sure what is unsatisfying about interviews like that.

This interview process selects for someone with whom the interviewer might enjoy having meetings.

I’d imagine it’s very hard to distinguish between a good talker and a good worker. Maybe some people can do it, but this is not a skill set I’d expect everyone conducting interviews to possess.

The data shows that humans are terrible at every kind of interview assessment. This is why I appreciate an approach with mechanized layers such as “ask problem with known answer, take notes”

Re: Netflix CEO explains why he pays technologists huge salaries

#428
post #125

Earlier quoted context omitted.

Is it totally subjective? Can't you measure feature delivery velocity? I can look at delivered velocity for engineers and see trends over 10+ sprints.

What if one feature is 100x more valuable than the others?

I don't evaluate engineers on feature value, only velocity and quality. If the product owners ask for it, that's what we're doing. It's not the engineers fault if some features don't fit the market and some fit really well.

Re: Netflix CEO explains why he pays technologists huge salaries

#429
post #125

Earlier quoted context omitted.

Is it totally subjective? Can't you measure feature delivery velocity? I can look at delivered velocity for engineers and see trends over 10+ sprints.

Only if you assume features are equal in terms of necessary effort and value (they aren't) and never leave technical debt behind for later cleanup (they do) or at least leave behind the exact same amounts of debt regardless of the implementation path chosen (they don't).

> Only if you assume features are equal in terms of necessary effort and value (they aren't)

This is why we use story points and velocity, not time.

> and never leave technical debt behind for later cleanup (they do)

What does this have to do with anything? We do this all the time and capture this sort of thing for our backlog.

> or at least leave behind the exact same amounts of debt regardless of the implementation path chosen (they don't).

So? tech debt is tech debt and it's a bear regardless.

I don't know why you're being so aggressive with the gotchas, but if you think it's impossible to objectively measure engineer quality I don't know what to tell you and I wish you good luck in your hiring and career growth.

Re: Netflix CEO explains why he pays technologists huge salaries

#430

Earlier quoted context omitted.

I didn't intend to "talk down" to you, sorry if it came off that way. I just didn't agree with your original statement that programmers' performance has little/nothing to do with why people use Netflix. I still think you're completely wrong about that. > I've been developing webpages for many decades It can't have been that many decades, the WWW has only existed for 3 decades.[1] Even I've written at least one webpag…

"When I look for a streaming video service, I want to make sure their programmers are the best. The content isn't as important as the user interface or the algorithms that tell me what to watch." Do you realize how absurd that sounds? Content is King. If Netflix had crap content, it wouldn't matter how good their programmers are, because the content would still be crap. I can tell you from experience that if Netflix…

> Content is King. If Netflix had crap content, it wouldn't matter how good their programmers are

I don't think I ever once said "content doesn't matter". If they only had dynamite content and a shitty user experience people would simply pirate the content and not pay for it.

> Yeah, I'm old. I've been around. I don't need you explaining anything to me.

I try every day to not become like that.

Post reply on HN