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Startups Are Scooping Up Big Tech’s Cast-Off Workers

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141–150 of 349 posts

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#141

I don’t understand what the opportunities for startups are these days. Anyone know? I feel like the world doesn’t need more saas companies or otherwise you’re doing a chatgpt api company.

This sounds like the modern version of the apocryphal 1902 quote of Charles Holland Duell (Patent Office Commissioner): "Everything that can be invented has been invented"

The economic climate has changed, but there are more problems to be solved today than ever before.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#142
post #134

Earlier quoted context omitted.

In 2022, a 5-year peak year, 313 people in the entire US died from active shooters: https://www.cbsnews.com/news/active-shooters-fbi-report-2022... That's out of 330 million total population.

and you think that's ok? or a common problem every country deals with?

I’n more worried about America’s obesity levels and opioid epidemic.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#143

Earlier quoted context omitted.

When layoffs happened in the past, they were laying off old school enthusiasts because the companies just weren't working. Now, they are laying off people that went into tech because it seemed like easy money. It's not the same caliber of tech person.

This claim is completely un-substantiated. Many people around me who have been laid-off are extremely talented engineers.

Then the company made a huge mistake letting them go, unless the company was just FULl of extremely talented engineers.. which statistically just isn't true.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#144

Earlier quoted context omitted.

Why does SV pay so much? Can't we just cut pay down to what Europe pays? Why are our companies so charitable?

It's the cost of living. The cost of living in the SF baybarea is 79% above the national average. A living wage is simply more here because it costs more to live here.

If all the major employers in the area cut wages down to $80k, wouldn't the cost of housing be forced down too? Who can buy a house for 2.2 million when making $80k. And on a side note, there are many companies in the area that pay $80k and less, oil change mechanics for example. So it's not like you MUST pay that SV wages because cost of living is high.

I have a feeling it is due to high demand for those workers.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#145

I don’t understand what the opportunities for startups are these days. Anyone know? I feel like the world doesn’t need more saas companies or otherwise you’re doing a chatgpt api company.

A lot of b2b opportunities. Yes, more saas companies are needed, in niche markets. Lots more saas companies, lots more value to build.

I think that's probably right. A ton of B2B opportunities in market niches that aren't well-served today. (Or could be served better.) I assume a lot of people would consider that boring but a well-targeted B2B coming from people who really understand the market space has a lot better odds than becoming the next B2C company that everyone is talking about.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#146
post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

New York and California steal (at least) half too. At least in Europe you get something for your taxes (okay, except maybe Germany).

Can you expand on the "at least half" part?

On an income of $200k in California, for example, your tax rate is something like 8% (marginal). If you total it up with federal taxes, it's something like a 27% tax rate.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#147
post #134

Earlier quoted context omitted.

In 2022, a 5-year peak year, 313 people in the entire US died from active shooters: https://www.cbsnews.com/news/active-shooters-fbi-report-2022... That's out of 330 million total population.

and you think that's ok? or a common problem every country deals with?

It's possible to think it's not ok but also so vanishingly unlikely to happen that it's not a useful comparison point for quality of life in Europe vs America.

For me, "never get sick or have any kids or anything" is a much stronger point against life the US - these are issues almost everyone has to confront.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#148

Earlier quoted context omitted.

"No proper health care etc for people cleaning their flats or flipping their burgers..." Almost $1 trillion was spent on Medicaid last year. What are you talking about?

Eligiblity for Medicaid is limited, and many important groups are "optional" which essentially means "no, if Republicans control any branch of your state government".

Yes. In Texas, you need to be pregnant, have a child under age 18, blind, disabled, or over 65 to qualify, in addition to the income requirements: https://www.benefits.gov/benefit/1640%7D

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#149
post #98

Earlier quoted context omitted.

[flagged]

In 2022, a 5-year peak year, 313 people in the entire US died from active shooters: https://www.cbsnews.com/news/active-shooters-fbi-report-2022... That's out of 330 million total population.

I mean, they're still not wrong. Over 95% of US schools do have active shooter training [1] which is what the commenter was referring to.

1. https://everytownresearch.org/report/the-impact-of-active-sh...

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#150

Earlier quoted context omitted.

This claim is completely un-substantiated. Many people around me who have been laid-off are extremely talented engineers.

Then the company made a huge mistake letting them go, unless the company was just FULl of extremely talented engineers.. which statistically just isn't true.

nicenewtemp84 believes that large companies layoff engineers based on skill.

The truth: Eenie meenie miny moe

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