41–50 of 102 posts
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Shopify's revenue last year was $4.6m last year, and that's before expenses, so I'd say it's quite a meaningful contribution. But regardless, a $1m donated to OSS is still $1m.
Shopify’s revenue in 2021 was $4.6b.
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If it's not the fault of the ecosystem or the language then why is it in decline?
I actually think it's both. The language: Tech companies are becoming more aware of the dangers posed by maintaining and updating large codebases written in an untyped language. I know there's a lot of work still being done in Rubyland on this problem but it feels like the horse left the barn long ago. A lot of Rubyists seem aesthetically opposed to types, including influential language stewards. Sorbet is arguably t…
My tiny company is torn between throwing out our ruby code and trying to hire more ruby developers. Our senior ruby guy is leaving, and the one senior candidate we had accepted, then later rejected, our offer. Of the other interviews we have had, candidates were asking for too much (i.e. over $200k base salary) and often barely qualified as a senior, or were simply too inexperienced to replace the person who was leaving.
I'm about one more round of interviews from throwing in the towel and doing a hulkamania hackathon in a new language. The existing code really isn't great either (deprecated gems, lots of accidental complexity, etc) so it is almost tempting to think it would work.
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I actually think it's both. The language: Tech companies are becoming more aware of the dangers posed by maintaining and updating large codebases written in an untyped language. I know there's a lot of work still being done in Rubyland on this problem but it feels like the horse left the barn long ago. A lot of Rubyists seem aesthetically opposed to types, including influential language stewards. Sorbet is arguably t…
To wit, a personal anecdote: My tiny company is torn between throwing out our ruby code and trying to hire more ruby developers. Our senior ruby guy is leaving, and the one senior candidate we had accepted, then later rejected, our offer. Of the other interviews we have had, candidates were asking for too much (i.e. over $200k base salary) and often barely qualified as a senior, or were simply too inexperienced to re…
Earlier quoted context omitted.
I actually think it's both. The language: Tech companies are becoming more aware of the dangers posed by maintaining and updating large codebases written in an untyped language. I know there's a lot of work still being done in Rubyland on this problem but it feels like the horse left the barn long ago. A lot of Rubyists seem aesthetically opposed to types, including influential language stewards. Sorbet is arguably t…
To wit, a personal anecdote: My tiny company is torn between throwing out our ruby code and trying to hire more ruby developers. Our senior ruby guy is leaving, and the one senior candidate we had accepted, then later rejected, our offer. Of the other interviews we have had, candidates were asking for too much (i.e. over $200k base salary) and often barely qualified as a senior, or were simply too inexperienced to re…
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If you read the post you will see this is a donation without strings as well.
I'm not sure the post cover this. The intent is without strings but the truth is it buys a bigger voice and platform. Did you hear about the $2.44 I gave? No you didn't.. there was no press release or hn article.
> What influence does this partnership give Shopify over Ruby Central? > This was an important consideration in Ruby Central moving forward the partnership. After discussion with Shopify and amongst the Ruby Central directors, the agreement was formulated as a donation without strings. Both parties have made it clear that usage of the donation is at the discretion of Ruby Central. As a good steward of the Ruby community, Ruby Central plans to disclose how the funds were used both for full transparency on the partnership as well as to highlight the work that was done.
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You do realize that market cap is not real money, right? That's like saying that an average American who earns 30K USD/year over 33 years will earn 1M USD and thus they should be considered a millionaire.
You do realize I compared market cap to networth? And networth is not money? Most of an individuals networth is likely tied up in their primary residence and highly illiquid. If you want, you can repeat my math comparing personal income to corporate income. The difference you will find out is not substantial.
That said, you weren't all that far off. Based on Shopify's revenue of $4.6 billion and an average household income of $67k, this is equivalent to a donation of $14.57.
I still argue that the presence of this kind of negativity in every thread about corporate donations is toxic. Corporations don't donate to FOSS nearly as often as they should, and there's no harm in giving them some credit on the rare occasions when it happens.
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> How did the conversation about doing this start? Who made the case and sold it internally? I made the initial pitch that we should support Ruby Central, but it took off very quickly once senior leadership saw the pitch. Once we got the go-ahead it was mostly worked out by Mike Dalessio (aka flavorjones) and Rafael França for Shopify and Evan Phoenix for Ruby Central.
How do investors feel about this? Being a dev myself and knowing how the sausage is made and how FOSS is the casing that holds it all together, this investment makes perfect sense. But I can also see how investment types would complain, it doesn't exactly look like an investment in the books.
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You do realize I compared market cap to networth? And networth is not money? Most of an individuals networth is likely tied up in their primary residence and highly illiquid. If you want, you can repeat my math comparing personal income to corporate income. The difference you will find out is not substantial.
Your comparison is still flawed. Market cap is the value of the company in the eyes of its investors, which in theory factors in current assets, current profits, and future expectation of profits. You compared that to the net worth of a single individual, which accounts for nothing but current assets. That said, you weren't all that far off. Based on Shopify's revenue of $4.6 billion and an average household income o…