Tell HN: Amplitude (YC W12) just went public

Re: Tell HN: Amplitude (YC W12) just went public – AMA

#151

Post by cutemonster » Sun, Oct 03, 2021, 9:30 AM UTC

sskates wrote: post #104

vladf wrote: post #77

Earlier quoted context omitted.

Surely the hiring issue is a market inefficiency, then, no? There's got to be plenty of engineers out there, but maybe not for typical startup cash/equity structures.

I believe a few things are happening: 1) The number of software engineers is growing quickly, but the market for software is growing even more quickly. So engineers are becoming more scarce relatively speaking and that pushes prices up. I don't know that I'd call that an inefficiency so much as markets working properly! OTOH, that's also why you see the explosion of coding bootcamps and alternative paths into the ind…

Makes me curious about your recruitment process :-)

(I agree with everything you wrote btw)

For example, screening questions? Work sample? Take home? Coding interview? Whiteboard or type on computer or something else?

(Best wishes btw)

Re: Tell HN: Amplitude (YC W12) just went public – AMA

#152

Post by tehlike » Sun, Oct 03, 2021, 7:50 PM UTC

md_ wrote: post #150

tehlike wrote: post #149

Earlier quoted context omitted.

Welcome to give a try.

At this point I don’t understand what’s being argued about. Are you saying you have anecdotes that this happens? Yeah, probably. I have some, too. Are you saying the median total comp for a 7-year total experience Facebook engineer is $1m? If so, what’s your source? (Or what are you claiming? The top decile? The top quartile? Etc.)

I think there are more than a few anectodes. This is not true for google but fb promotes engineers really fast from 3-5 and 6.

3-5 if you don't get promoted after a year and a half or something they mark your packet expectation is you go from 3-5 very quick on average and even faster at the tail.

I did 3-7 in 6 years at Google and it was the fastest in the larger org with >500 people. You can do 4.5 at fb easy.

And yes at fb 7 years would rack lots of engineers 1+ m, even assuming modest gains.

If you don't believe it, it's your choice but not all companies treat employees as average. Google optimizes for average, fb rewards high performers...

Re: Tell HN: Amplitude (YC W12) just went public – AMA

#153

Post by md_ » Mon, Oct 04, 2021, 8:52 AM UTC

tehlike wrote: post #152

md_ wrote: post #150

Earlier quoted context omitted.

At this point I don’t understand what’s being argued about. Are you saying you have anecdotes that this happens? Yeah, probably. I have some, too. Are you saying the median total comp for a 7-year total experience Facebook engineer is $1m? If so, what’s your source? (Or what are you claiming? The top decile? The top quartile? Etc.)

I think there are more than a few anectodes. This is not true for google but fb promotes engineers really fast from 3-5 and 6. 3-5 if you don't get promoted after a year and a half or something they mark your packet expectation is you go from 3-5 very quick on average and even faster at the tail. I did 3-7 in 6 years at Google and it was the fastest in the larger org with >500 people. You can do 4.5 at fb easy. And y…

Like I said, it's not a quantifiable statement, so I don't believe it or not believe it. If you're saying that FB promotes people faster, yes, I can believe that--younger companies generally tend to.

I am quite skeptical that the median time for a new-grad hire to get to L7 at FB is 7 years or fewer, but I guess this is something that we could answer with some weekend scraping of LinkedIn. ;)

Re: Tell HN: Amplitude (YC W12) just went public – AMA

#154

Post by tehlike » Tue, Oct 05, 2021, 6:23 PM UTC

md_ wrote: post #153

tehlike wrote: post #152

Earlier quoted context omitted.

I think there are more than a few anectodes. This is not true for google but fb promotes engineers really fast from 3-5 and 6. 3-5 if you don't get promoted after a year and a half or something they mark your packet expectation is you go from 3-5 very quick on average and even faster at the tail. I did 3-7 in 6 years at Google and it was the fastest in the larger org with >500 people. You can do 4.5 at fb easy. And y…

Like I said, it's not a quantifiable statement, so I don't believe it or not believe it. If you're saying that FB promotes people faster, yes, I can believe that--younger companies generally tend to. I am quite skeptical that the median time for a new-grad hire to get to L7 at FB is 7 years or fewer, but I guess this is something that we could answer with some weekend scraping of LinkedIn. ;)

You can't, not for facebook - everyone has the same title for ICs.