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Our $100M Series B

oxide.computer

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Re: Our $100M Series B

#121

Post by tryauuum »

dijit wrote: post #24
nahimn wrote: post #4

Rooting 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…

governments maybe?

Re: Our $100M Series B

#122

Post by ghaff »

hiddencost wrote: post #93
IncreasePosts wrote: post #84

Earlier quoted context omitted.

Why is sales special? Why not just have some performance bar for that, just like all the other positions?

Sales culture is heavily incentive and performance based. It sucks but they like to think that if they work harder they'll get paid more.

It's not universal but B2B sales in particular have evolved to incentive/performance compensation to a large degree. Wasn't always the case but (most?) of those companies aren't in business any longer. Also extends to the sales hiring process. Not that companies don't look at track records but it's also the case that sales managers don't have any issue firing people who don't meet their numbers.

Re: Our $100M Series B

#123

Post by dpritchett »

mystraline wrote: post #113
Aurornis wrote: post #56

Earlier 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…

It’s a bit of a class thing, isn’t it?

Independently wealthy folks can stay in the game longer without needing to extract a lot of cash compensation in the company’s early years.

Re: Our $100M Series B

#124

Post by sofixa »

Quarrel wrote: post #105
sofixa wrote: post #91

Earlier 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.

No, it's just how sales works, it's almost always on commission.

Re: Our $100M Series B

#125

Post by vhodges »

bix6 wrote: post #86

What is the initial cost to setup their smallest system on prem?

If you have to ask.... :)

(other people's) previous guesstimates were 500k - 1M. It does look like you can order it partially provisioned (compute wise I'm guessing) and expand later.

Re: Our $100M Series B

#126

Post by AndrewKemendo »

siliconc0w wrote: post #26

Pretty bullish, anyone who has tried to setup and manage their own compute knows the pain they're solving. Plus I predict more companies will exit the cloud once they realize how thick the margins have become or want better guarantees over sovereignty.

Having done web applications for oh…30 years now the key pain is network routing

That’s the only thing I can tell is useful about “the cloud”

I can build racks and servers easily, but the challenge is availability and getting past everyone’s firewalls

So the real win is any service that allows for instant DNS table updates and availability of DNS whitelisting.

This is why Google, Msft etc win in email because they have trusted endpoints

Alternative routes with self signed DKIM etc is more or less blocked by default forcing you onto a provider

We need more cloud flare tunnel and local hosting via commercial ISP routes and less new centralized data centers

Re: Our $100M Series B

#128

Post by cdaringe »

guywithahat wrote: post #101

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 focuse…

What observations have you made that they are not or would not be focused on solving customer problems?

Re: Our $100M Series B

#130

Post by steveklabnik »

dpritchett wrote: post #123
mystraline wrote: post #113

Earlier quoted context omitted.

> 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…

It’s a bit of a class thing, isn’t it? Independently wealthy folks can stay in the game longer without needing to extract a lot of cash compensation in the company’s early years.

This is true in the abstract, but we're talking about a salary of $207,264 in this case. You don't need to be independently wealthy to make it on our salary.
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