The company leadership of oxide concerns me. My biggest mistakes in my (not successful) startup were when I got distracted and chased politics or some corporate goal instead of solving my customers real problems. Giving all employees the same pay or advertising social media links to small, political sites makes me worried they've taken the 100 million and are about to crowd the market with a product that's not focused on solving customer problems
Our $100M Series B
101–110 of 522 posts
Re: Our $100M Series B
#102Everyone at Oxide makes the same salary: >We decided to do something outlandishly simple: take the salary that Steve, Jess, and I were going to pay ourselves, and pay that to everyone. [ https://oxide.computer/blog/compensation-as-a-reflection-of-... ] Does everyone at Oxide have the same equity grant?
> Does everyone at Oxide have the same equity grant? I thought I saw this question answered in a previous thread and the answer was basically “no”, but the question has been avoided a lot. Aspects of equity compensation would inherently need to be different over time due to valuation, fundraising stage, and so on. However I always thought it was strange that they made a big deal about paying everyone the same base sa…
Anyone who doesn’t ask about compensation (at least at a later point in the interview process) would be a red flag to me.
Most valuable people know they’re valuable, and do (and should!) negotiate compensation.
Re: Our $100M Series B
#103Earlier quoted context omitted.
Of course not, what's the purpose of asking such as silly question? Are you being snarky and suggesting that employees deserve the same upside that founders deserve?
> Of course not, what's the purpose of asking such as silly question? How is it silly if they already do that for salaries? Co-ops with equal ownership isn't unheard of, and isn't silly at all.
Yeah they aren't unheard of at all, co-ops have had slow but steady growth in the market for some decades now.
Re: Our $100M Series B
#104Earlier quoted context omitted.
Maybe I'm old-school, but I clicked on the logo in the top left, then read the first sentence which reads "On-demand elastic resources", which gives me some idea about what it is, and then later it says "A rack-scale system, built true to cloud architecture, that you can own and operate in your data center." which makes me 100% understand what the product is. Do new internet users not know that the landing page usual…
> On-demand elastic resources Which is kind of wrong, because there is nothing elastic nor "on demand" about metal you buy.
The hardware isn't elastic, obviously. But if a IT department sets up a Oxide rack, then the software development department can get the same sort of "on-demand 'elastic' resources" provisioned in that rack. I think that's what they're getting at. But yeah, obviously hardware itself can't be on-demand.
Re: Our $100M Series B
#105Earlier quoted context omitted.
Why is sales special? Why not just have some performance bar for that, just like all the other positions?
Because sales people are used to work on incentives, including going over and getting rewarded for it. If they have a fixed salary with a high objective to "make it" (e.g. if you sell less than $X, you get fired), lots of sales folks will skip on it because they can't go over, and most probably prefer to have a quarter or two or year at e.g. 70% salary while working on longer term deals, rather than losing their job…
FWIW, it seems like nowhere is this truer than SF/SV.
Outside the bubble, it isn't always the case, or the structure can be a bit different, but salespeople in the Valley (as it were) are a different breed.
Re: Our $100M Series B
#106Earlier quoted context omitted.
> Of course not, what's the purpose of asking such as silly question? How is it silly if they already do that for salaries? Co-ops with equal ownership isn't unheard of, and isn't silly at all.
Yeah they aren't unheard of at all, co-ops have had slow but steady growth in the market for some decades now.
I’m not sure I follow. In what market(s)?
Re: Our $100M Series B
#107Earlier quoted context omitted.
Of course not, what's the purpose of asking such as silly question? Are you being snarky and suggesting that employees deserve the same upside that founders deserve?
That isn’t a snarky position; early employees in high output orgs like this generally work just as much as founders do. The founders aren’t really taking on that much more risk than the rest of the early team; it’s the VC’s money, not theirs. I absolutely don’t agree with the idea that employees deserve the same upside as founders (because I think initiative and persistence against adversity/inertia is insanely rare…
>rewarded immensely
Let’s define this. Let’s say 1:25? 1:50? What ratio is appropriate?
Re: Our $100M Series B
#108I see no mention of GPUs in their platform?
Earlier answer from Oxide employee: https://news.ycombinator.com/item?id=39182660
Re: Our $100M Series B
#109Earlier quoted context omitted.
> Does everyone at Oxide have the same equity grant? I thought I saw this question answered in a previous thread and the answer was basically “no”, but the question has been avoided a lot. Aspects of equity compensation would inherently need to be different over time due to valuation, fundraising stage, and so on. However I always thought it was strange that they made a big deal about paying everyone the same base sa…
Anyone who doesn’t ask about compensation (at least at a later point in the interview process) would be a red flag to me. Most valuable people know they’re valuable, and do (and should!) negotiate compensation.
self esteem problem ha (not asking or thinking low)
Re: Our $100M Series B
#110What is the initial cost to setup their smallest system on prem?
Not finding a ton of information about it, was curious about it too. But the "smallest system" seems huge, like 16 sleds and a HN comment from 2023 (https://news.ycombinator.com/item?id=38498840) says:
> An oxide rack has a minimum cost of something like 600k not including all the infra you need to run a rack, maintenance, and then needing to upgrade
So maybe not super useful for people who are looking to do some home-lab stuff or even setups for SMBs.
Edit: Another thread: https://news.ycombinator.com/item?id=36552556
> My guess is that a base config would be somewhere between $400K to $500K but could very definitely go up from there for a completely "loaded" config.