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SpaceX alums are branching out and shaping the startup economy

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Re: SpaceX alums are branching out and shaping the startup economy

#51

Post by bavila »

adgjlsfhk1 wrote: post #47
tru3_power wrote: post #11

Earlier quoted context omitted.

On what grounds do they sue them?

Corporate lawsuits against individuals generally don't need grounds. The pain is the point.

What's groundless is this mentality. Please read Rule 11 of the Federal Rules of Civil Procedure (a rule that is also well-adopted in state courts as well). As fun as it is to hate on big tech, one should still be mindful of the fact that their attorneys aren't stupid enough to file patently frivolous lawsuits that put their own law licenses on the line.

Re: SpaceX alums are branching out and shaping the startup economy

#52

Post by jdhendrickson »

Tuna-Fish wrote: post #30
tenpies wrote: post #29

Earlier quoted context omitted.

So do Elon's companies: https://www.engadget.com/tesla-sues-engineer-dojo-trade-secr... https://www.businessinsider.com/tesla-lawsuit-supercomputer-... https://techcrunch.com/2018/06/20/tesla-sues-former-employee... --- I think the key is that these startups aren't competing with SpaceX, but are rather SpaceX-adjacent. There is also a uniqueness to the industry that SpaceX operates in, in that everyone is basically t…

The two big ones, Relativity and Firefly, are definitely direct competitors. As to the lawsuits, generally don't take any of your employers code or data with you when you leave, and you'll be fine.

That has not been my experience. If they have deep pockets they draw out the court case in an effort to make you quit, and the stress literally kills people.

In the end I agree vindication will come if you can afford to defend yourself, hire your own experts and retain competent council but your comment is a bit glib.

Re: SpaceX alums are branching out and shaping the startup economy

#53

Post by Robotbeat »

Rebelgecko wrote: post #22
cyanydeez wrote: post #10

[flagged]

From people I've talked to, SpaceX pay isn't any better than "old-space" companies (even before you look at the hourly breakdown) and their equity isn't very liquid.

I’d say most who have vested their shares are millionaires. At least those who vested by the 2010s.

Re: SpaceX alums are branching out and shaping the startup economy

#54

Post by jiggawatts »

throwaway1777 wrote: post #41
_just7_ wrote: post #23

What is up with that site giving me three seperate popups warning me that the site uses cookies

Thanks GDPR!

Thanks marketing people that decided to double down despite the clear distaste of the general public at their relentless tracking.

Re: SpaceX alums are branching out and shaping the startup economy

#55

Post by seadan83 »

discordance wrote: post #48
echelon wrote: post #3

I wish it was more like this at existing companies. Why everyone isn't leaving Adobe, Meta, and Google to found their own AI / generative media startups astounds me. If you work in our incredibly lucrative field, you may be able to afford a few quarters of leaning into risk. Startups are like a brush fire. Old incumbents have so much legacy code and cruft that nimble upstarts killing them is healthy . The "SpaceX dia…

Most people who work at those large companies you mentioned are there because they don't want to take any risk. They are happy in the comfort of a large salary, occasionally interesting work, huge network of people and are afraid of being impacted by the industry wide layoffs.

This is a very uncharitable view. Those types would exist at any company.

There is pretty high turn-over at the large companies as well. People can be there to help build their resume, help make connections, learn the ropes at a large company and gain technology exposure, etc..

My time at Amazon, I did see some people leave to form companies. Generally it was when someone particularly smart found a clique of a few other smart people and they then all quit and go off and do something else.

Re: SpaceX alums are branching out and shaping the startup economy

#56

Post by dmix »

jiggawatts wrote: post #54
throwaway1777 wrote: post #41

Earlier quoted context omitted.

Thanks GDPR!

Thanks marketing people that decided to double down despite the clear distaste of the general public at their relentless tracking.

Browsers like Firefox could hypothetically kill cookies in their browser tomorrow but doesn't. Or at least make a big stink about it. Do you think they should? Do you think we'd be better off as a society?

Re: SpaceX alums are branching out and shaping the startup economy

#57

Post by blululu »

airstrike wrote: post #42
outside1234 wrote: post #28

Earlier quoted context omitted.

The money at FAANG is really hard to beat on a risk adjusted basis (though that risk factor is increasing with the layoff spree). From a financial perspective it is much more probable to become a millionaire through a FAANG than a startup right now.

It is also much more probable to become a multi millionaire through a startup than a FAANG

Citation needed. Depends on how big of a multi you are talking about. I know way more people with $1-10M who did it via corporate ladder climbing through FAANG than I do people who struck it big with a startup. At a certain point the balance is in favor of start ups but I suspect the number is somewhere in the 8 figure range which is correspondingly rare.

Re: SpaceX alums are branching out and shaping the startup economy

#58

Post by slimsag »

dmix wrote: post #56
jiggawatts wrote: post #54

Earlier quoted context omitted.

Thanks marketing people that decided to double down despite the clear distaste of the general public at their relentless tracking.

Browsers like Firefox could hypothetically kill cookies in their browser tomorrow but doesn't. Or at least make a big stink about it. Do you think they should? Do you think we'd be better off as a society?

Yes we'd be better off if cookies were removed.

But if it was only Firefox, people would simply add banners saying "Firefox is not supported." since it's only like 3% of marketshare these days.

Re: SpaceX alums are branching out and shaping the startup economy

#59

Post by pptr »

echelon wrote: post #3

I wish it was more like this at existing companies. Why everyone isn't leaving Adobe, Meta, and Google to found their own AI / generative media startups astounds me. If you work in our incredibly lucrative field, you may be able to afford a few quarters of leaning into risk. Startups are like a brush fire. Old incumbents have so much legacy code and cruft that nimble upstarts killing them is healthy . The "SpaceX dia…

Googler here.

If you work at a big tech company you can improve the products used by millions if not billions of people. I find that very rewarding.

Re: SpaceX alums are branching out and shaping the startup economy

#60

Post by schaefer »

elbigbad wrote: post #4
echelon wrote: post #3

I wish it was more like this at existing companies. Why everyone isn't leaving Adobe, Meta, and Google to found their own AI / generative media startups astounds me. If you work in our incredibly lucrative field, you may be able to afford a few quarters of leaning into risk. Startups are like a brush fire. Old incumbents have so much legacy code and cruft that nimble upstarts killing them is healthy . The "SpaceX dia…

My company immediately sues anyone who leave to join a competitor, and even more viciously attacks I would assume if someone were to actually start a competing business.

Can you tell us which company so we can collectively blackball them?

Please and thank you.

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