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I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

efinancialcareers.com

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Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#81
I can sympathize with you. The same thing happened to me at https://getskip.com. That company exists because of me and shortly after I finished all the backend Elixir work, they reneged on most of our agreements and then fired me shortly after that. Then, five years later, they sold the company and stole the equity I had earned during my time there.

Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#82
post #71
post #49

Earlier quoted context omitted.

> ...people are going to be greedy and selfish with or without capitalism. True. But in capitalism greed is a fetish

It's a double-edged sword. On one edge there's the risk of greed, but it's also unparalleled in incentivizing and rewarding ambition.

Ambition is not necessarily a positive trait.

Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#83

I just do not believe this story. Nobody in the right mind will fire key software engineer 48 hours after system goes live. This is where all the bugs/problems show up and you need all hands on deck to fix them. Six months after launch when all problems are solved - absolutely, you can fire engineer. 48 hours after launch? absolutely not.

You assume that they are in their right minds…

This is the U.K. - technology is seen by businesspeople as dirty and bad, as are the people who work with it. Maintenance is unheard of, sustainability is a dirty word.

For instance, I know of a large U.K. medical data processor who wanted ISO270001 compliance, so they got in a contractor to write an ISMS, had it audited, and then immediately fired the contractor upon successful pass of the audit.

What happens next year? Who cares! I’ll be in Marbella with my bag of swag by then. Someone else can figure it out.

Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#84

Just keep in mind that a business's role in society is to deliver something and bring in a profit. So if you don't bring revenue directly to the bottom line you are in line for layoffs. Don't fall in love with your job. The business is not in love with you. I suspect the fund's trading strategy was less than great so they had to cut expenses ASAP. I can't imagine why they would get rid of the person who would have to…

We need to teach this as the type of relationship early but frankly society starts off very young teaching people to be “rockstars” and work 80hrs to be better than the “lazy” and the “poors” and in some circles “the immigrants.”

This is by (capitalist) design.

Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#85

I just do not believe this story. Nobody in the right mind will fire key software engineer 48 hours after system goes live. This is where all the bugs/problems show up and you need all hands on deck to fix them. Six months after launch when all problems are solved - absolutely, you can fire engineer. 48 hours after launch? absolutely not.

Reading between the lines I just figured it was a crypto quant firm.

Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#86
post #41

I just do not believe this story. Nobody in the right mind will fire key software engineer 48 hours after system goes live. This is where all the bugs/problems show up and you need all hands on deck to fix them. Six months after launch when all problems are solved - absolutely, you can fire engineer. 48 hours after launch? absolutely not.

>Nobody in the right mind will fire key software engineer 48 hours after system goes live. Thats the thing. Hedge funds are not managed by people in their right minds

Is this cope or are you basing it on something? Because it's actually somewhat of a problem that high finance sucks in so many extremely bright and intelligent people.

I'm sure there are chuds in the HF industry just like any other sector but by and large most people working in those firms are some of the most capable society has to offer.

Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#87

> I worked 80 hour weeks I don't know how the work culture is there but that seems completely insane. I've said it many times and I'll say it again. The first thing I tell anyone that enters the work force: Do not play the hero. You don't have to save the world. You will only be rewarded with more work. Put that passion and energy into something you created and own and control.

[deleted]

Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#88

OP will take that experience with them forever (technical, tactical, emotional perhaps). It’s a huge learning experience, many would suffer for. OTOH, the hedge fund will probably fail to profit from the project soon enough: A. they fired their most productive engineer in a changing competitive business B. they run a v0.9 with many bugs without the author-maintainer C. hate the saying but they seem penny-wise pound-f…

The hedge fund will make plenty - all they have to do is write up an R&D tax credit claim, and the government will write them a substantial cheque.

Nobody actually pays for software development in the U.K. - just the taxpayer.

Re: I worked 80 hour weeks to deliver a platform for a hedge fund,then they fired me

#90
post #2

When the system has a bug and they call this person back -- I hope they require a basis point of every trade for ongoing maintenance.

They won’t call them back. They’ll get their lawyers to threaten them into fixing it for free.
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