501–508 of 508 posts
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Considering that markets exist whenever 2 or more individuals gather, without regard to any other factors… it’s pretty much a fundamental force like gravity. In fact even ant colonies experience market forces so it’s practically impossible for it to not exist. Does it matter if a lot of folks have different definitions of gravity?
> Considering that markets exist whenever 2 or more individuals gather In the most general sense of "market", this is not wrong. However, you're talking from the point of view of a rather specific market theory. That market theory is not a fundamental force, it's just one of many ways of doing things. It also has a very narrow definition of "fair", which makes sense within its own world, but I would argue is not gene…
market, noun, often attributive
mar· ket | \ ˈmär-kət \
Definition of market (Entry 1 of 2)
1. a(1) : a meeting together of people for the purpose of trade by private purchase and sale and usually not by auction (2) : the people assembled at such a meeting
b(1) : a public place where a market is held especially : a place where provisions are sold at wholesale a farmers' market (2) : a retail establishment usually of a specified kind a fish market
2. archaic : the act or an instance of buying and selling
3. : the rate or price offered for a commodity or security
4. a(1) : a geographic area of demand for commodities or services (2) : a specified category of potential buyers the youth market
b : the course of commercial activity by which the exchange of commodities is effected : extent of demand the market is dull
c(1) : an opportunity for selling
(2) : the available supply of or potential demand for specified goods or services the labor market
d : the area of economic activity in which buyers and sellers come together and the forces of supply and demand affect prices
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I think that's how Anders Hejlsberg (creator of C# and Typescript) joined Microsoft?
Anders joined later as a couple of ex-Borland people kept pinging back on him, he mentions this in a few interviews. https://behindthetech.libsyn.com/001-anders-hejlsberg-a-craf...
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That was on the advice of my lawyer. You, however, probably need to consult your legal team.
This type of discussion is typical. If all goes well, no worries, Signed Language is so beautiful, how can I learn to sign? and so on. If there are problems, Deaf people are used to rough treatment. And if they complain they are told off not to be so sensitive, that what they say is not correct, or they get the silence treatment. It seems there is something like an impedance mismatch between Deafies and Hearies and s…
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I mean, you can call it IP theft, I can call it wage theft. The article quotes one of the devs as saying they had "unpaid milestones", which reads an awful lot like the "major publisher" he didn't want to name for legal reasons had violated the one term that mattered: the part where they pay for the game. The lesson to take away here, for management, is that you can't get away with everything forever. Whether you vie…
The lesson for 'management' is get better contracts and don't invest and develop people who will walk out with your stuff. Item 'A' is a bit more reasonable, people not getting paid is bad. But item 'B' is not. Sorry, you don't just get to ask for a better deal after the fact, because it finally worked out and now in 20/20 hindsight you want a cut.
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"The workers are easily replaced" and "Their compensation is fair" are two different statements.
It's exactly the same statement. Fair cost of something IS the opportunity cost of buying the same thing from someone else.
There are circumstances outside of the price which affect the fairness of the price.
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Gaming abounds with stories like this. A friend of mine went to work for a small game studio in Oklahoma that'd gotten some acclaim for their quake mod pack. They took that momentum and started on their own novel IP as a quake licensee. They made a ahem mildly successful game named Medal of Honor. Some time down the road, the owner of the studio didn't want to share the wealth. As a result the top programmers, design…
>> That studio owner literally made a billion dollar mistake by not simply being fair early on to the team. Never, ever, treat a team that has achieved rare success as replaceable cogs. If they've shipped, they can find more money people any time they want. What prevented them from offering bad deals that are common today? Some examples I've seen: - give lots of equity, but vesting over long timelines - give no refre…
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Schmooze is a bit of a demeaning word, isn't it? If the CEO is learning from customers and helping the organization react accordingly, that sounds very valuable.
Schmooze comes from yiddish, and it just means to chat or converse. Seems fair to me. You can chat and converse idly, or with an agenda. Not demeaning at all, just descriptive.
Demeaning isn't the right word, but it sure seems condescending. Like calling programming "button pushing".