Just look at what private equity did to British Water companies, Toy'R'Us and any number of other organizations. Do private equity companies perform any useful social purpose? Or are they all wreckers, asset strippers and carpet baggers?
In the 80s the abuse was concentrated in the management layer of companies - executives would store cash and buy private jets and lavish properties for the “company” leadership to enjoy. Private equity trimmed that fat at the time.
When we get Komooted
141–150 of 275 posts
Re: When we get Komooted
#142Now, don't get me wrong, it sucks majorly for the employees and it is painful; but particularly for the long-running ones, where is your equity? Komoot was once a startup, why did you accept to work there without equity.
Last but not least, indeed, never believe the bosses, unless you have (almost) the same end-game privileges.
Re: When we get Komooted
#143Earlier quoted context omitted.
The article mentions one example: https://wanderer.to/ . Haven't used it personally but seems promising (albeit less "social" than something like Strava).
One only need a web server to share gpx files really. Planning routes can be easily done offline with desktop apps. Don't even start with mobile use, I have never seen a web based tool where you could plan a route by tapping on a smartphone screen without pulling your hair out of desperation.
Also the question remains, what do you navigate the planned routes / gpx traces? What happens if you notice you want to improvise and replan to hit some target on the way you saw in the distance while on the trail? This was (and currently still is) absolutely trivial and intuitive to do on Komoot. The best alternative I can think of is maybe brouter+ osmand, but that's really quite clunky in comparison with Komoot (similar to the experience you probably mean when talking about pulling your hair out)
Re: When we get Komooted
#144At least in the US, if you tell me 'We'll never sell out' and I take a job with no equity because of it, that's a verbal legal contract and I have grounds to sue if you then sell out.
In theory, at least, our legal systems discourage/prevent this sort of lying and backstabbing. In practice, perhaps not.
Re: When we get Komooted
#145The more I see Bending Spoons in the news, the more I realize how shitty of a company it aims to be. I once applied to their job listing. I adored the idea of working there. Now all I can think about is "I'm glad they rejected me"
For example, Evernote was losing money on server costs and after almost 20 years of existence did they really need a generous free tier to build up a user base? All that BS had to do for Evernote to make a profit was nerfing the free tier.
Re: When we get Komooted
#146Earlier quoted context omitted.
You can be in case 1 and find meaning in what you do. That's where the blacksmith is. There's absolutely nothing wrong with doing a good job for 40 hours a week in return for a salary. Being a competent professional who does quality work is rewarding! I just think if you're doing work of that nature (which _most of us are_, BTW) you need to recognise it for what it is. Don't burn yourself out trying to squeeze every…
At the same time we can maaaaaaaybe start pushing back on all of the "capitalism is not the problem" and "capitalism is the least worst of all available options" memes? Or is it too soon already?
Under capitalism, a boss might try to persuade you to work hard harder than you might otherwise for dubious or illusionary future reward.
Under some form of collectivism, there will still be pressure to attend some sort of goal, even if it is non-financial in nature. That pressure will ultimately come in the form of a leader of some form, and one of the tools they will have to achieve that (possibly collective) goal will be to persuade you to work longer and harder than you might otherwise for some dubious or illusionary future reward. Perhaps this future reward won’t be in money, but that won’t change the underlying dynamic.
Re: When we get Komooted
#147Just look at what private equity did to British Water companies, Toy'R'Us and any number of other organizations. Do private equity companies perform any useful social purpose? Or are they all wreckers, asset strippers and carpet baggers?
Re: When we get Komooted
#148Earlier quoted context omitted.
Why is that insane? A job this week is no guarantee, legally or practically, of a job next week. To assume otherwise is foolish and naive. That’s simply not how employment works.
> A job this week is no guarantee, legally or practically, of a job next week. It is in Europe - one or three months are the standard notice periods I believe?
Re: When we get Komooted
#149Earlier quoted context omitted.
At the same time we can maaaaaaaybe start pushing back on all of the "capitalism is not the problem" and "capitalism is the least worst of all available options" memes? Or is it too soon already?
All of the same human dynamics will be present under socialism or communism or whatever you prefer. Under capitalism, a boss might try to persuade you to work hard harder than you might otherwise for dubious or illusionary future reward. Under some form of collectivism, there will still be pressure to attend some sort of goal, even if it is non-financial in nature. That pressure will ultimately come in the form of a…
This is not about that.
This about an institution being rewarded and operating entirely within the law which takes a valuable asset, systematically disenfranchises the people who made it valuable before parasitically sucking it dry for material gain.
That is a pretty unique capitalist dynamic, actually.
Re: When we get Komooted
#150Earlier quoted context omitted.
The article mentions one example: https://wanderer.to/ . Haven't used it personally but seems promising (albeit less "social" than something like Strava).
Less "social" would be a feature for me. I just want one that can plan routes, track journeys, and give me directions. I don't want to be worried that I'm accidentally sharing what I'm doing/where I am with the world.
There was a guy in his 60s regularly doing very nice circular hiking routes of 40 to 60 km in our nearby forests, and apart from that just being kind of awesome and impressive to see when you look at local routes, actually walking his routes was often a very nice experience with diverse landscapes often along nice small, less used paths. It was great seeing nice weather in the morning, and then oftentimes without any pre-planning just walk or bike to the forest and just start along one of this guy's routes within a few minutes, all in an incredibly hassle free manner and with a result which pretty much always beat out just following the official hiking trails shown on signs etc. I don't know if there's another app right now where you can so easily profit from the experience and knowledge of your local community.