Amazing, considering they don't seem to have GPU offerings.
Our $100M Series B
111–120 of 522 posts
Re: Our $100M Series B
#112Oxide, at least for an outsider, looks like a company that channels some of the spirit of early Sun Microsystems (I'm aware of the connections of course). I'm quite envious of those who work there - I hope the demands of big money don't crush any of that spirit. Sadly when I look at their jobs posted I don't see much that would line up with my skillset, but I keep an eye on them just on the offchance.
And such a clear value statement.
If I could, I'd invest. Sure, they might fail, but they're shooting their shot, and to me it has a clear differentiator that would improve the market for most of their users (if not the incumbents).
Re: Our $100M Series B
#113Everyone 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…
I've heard this from multiple hiring managers and C levels. The cognitive dissonance is amazing.
Do you know why I show up and work? Because I am paid for it, and in this country, medical is also gatekept by employment.
If I wasn't paid, I wouldn't work for them.
But somehow, I'm supposed to not care about money at the same time caring about money.
Re: Our $100M Series B
#114Rooting for this team -- just wish i could afford one of these racks... =)
Same. I think it brings an interesting point actually. "Who will buy these", the obvious answer is anyone with a need, but the "standard pizzabox" server is ubiquitous for the same reason that x86 and miniPC's outcompeted mainframes. ((controversial take warning)) Mainframes are objectively better at high uptime and high throughput than rube-golderging a bunch of semi-reliable x86 boxes together, yet, the ubiquity of…
Re: Our $100M Series B
#115Earlier quoted context omitted.
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.
Commission based sales was definitely not a Silicon Valley invention.
Re: Our $100M Series B
#116Re: Our $100M Series B
#117God why do startup sites suck so much? Why do I need ChatGPT to cut through the marketing speak to understand what they are actually selling? I literally spent 5 minutes in the site trying to understand before giving up and asking GPT... Cool 1999 aesthetics though
Seems pretty clear to me.
Re: Our $100M Series B
#118Earlier 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…
> There was discussion about how they thought candidates asking about compensation to be something of a negative signal because they wanted people who weren’t in it for the money, basically. I've heard this from multiple hiring managers and C levels. The cognitive dissonance is amazing. Do you know why I show up and work? Because I am paid for it, and in this country, medical is also gatekept by employment. If I wasn…
That's great, but useful to know not everyone thinks the same. When I transitioned to software development (from basically random "whatever pays my rent" jobs), besides my first software job, they were all because I liked the particular product in some way or another, and what the compensation was is basically the least interesting thing for me.
Of course, some level of base payment is needed, because I still needed to pay rent, but if I was choosing between two jobs where one was utterly boring but paid 3 times more than a fascinating job, I'd take the latter in a heartbeat. And no, I'm just an individual contributor who wants to like what I work with, not an executive, manager or similar.
Re: Our $100M Series B
#119Earlier 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.
Re: Our $100M Series B
#120Earlier quoted context omitted.
Why is sales special? Why not just have some performance bar for that, just like all the other positions?
It's pretty fundamental to the personality of people in sales to be driven by getting the sale and getting compensated based on the deal size. If you remove that carrot, it just doesn't work. Some sales people will make millions, some will make nothing.
How come it works for basically every other job on this planet? Developers aren't paid per feature implemented/bug fixed, and we still do those things, how come sales people are unable to do things for a fixed monthly salary?