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Startups Are Scooping Up Big Tech’s Cast-Off Workers

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Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#131
post #98

Earlier quoted context omitted.

[flagged]

In 2022, a 5-year peak year, 313 people in the entire US died from active shooters: https://www.cbsnews.com/news/active-shooters-fbi-report-2022... That's out of 330 million total population.

It's not just the actual death toll but the trauma we cause children with active shooter drills, etc.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#132

Earlier quoted context omitted.

Talk to those in the countryside, not Île-de-France. Real French; not the over-socialized urbanites or the spiritually-deadened "cosmopolitans."

I am convinced that you are a troll if you think people living in Ile-de-France are not real French.

And I'm convinced you are without a sense of independent thought, if you really believe a bunch of bobos are French.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#133
post #68
post #21

Many are going to start their own startups and the seeds for the next Cambrian explosion are being cast today, just as they were in 2001–2003 or 2008. That said not all Big Tech employees can deal with the hustle required at a startup.

I’m skeptical that the same patterns we saw in the early 2000s are going to play out again. Last time, tech was in its infancy. There was a small universe of people who understood baseline concepts like getting to product market fit, how to measure and implement growth patterns, etc etc. Today these are practically household concepts, and they have been for years. There aren’t a few hundred other people in SV you are…

> There was a small universe of people who understood baseline concepts like getting to product market fit, how to measure and implement growth patterns, etc etc.

I'm a PM and I think veeerrrryyy few people understand this, including many of my fellow PMs.

I think it's like reading a book about how to pitch a baseball. Knowledge and application are entirely different. Someone might be able to regurgitate the theory on how to achieve product-market fit, but put them in the driver seat of a real product and lots of people flounder.

One of the most common mistakes is simply delusion - the believe that your product is 'there' when it's not. I believe there's a cognitive dissonance that impacts the product owner - you kinda have to believe (or at least outwardly project) that your product is doing well.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#134
post #98

Earlier quoted context omitted.

[flagged]

In 2022, a 5-year peak year, 313 people in the entire US died from active shooters: https://www.cbsnews.com/news/active-shooters-fbi-report-2022... That's out of 330 million total population.

and you think that's ok? or a common problem every country deals with?

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#135
post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

We also have to pay a lot more out of pocket for basic services like healthcare,, transportation, childcare, etc.

You’re paying for healthcare at a tech company? Usually your company provides this as a benefit. Same for commuter subsidies.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#136
post #87

Earlier quoted context omitted.

> No proper health care etc for people cleaning their flats or flipping their burgers... That seems FUD. There are safety nets like Medicaid, Obamacare subsidies and EMTALA for poor.

41% of U.S. citizens carry some sort of medical debt, and 24% are considering bankruptcy to solve a medical debt issue. https://www.debt.org/bankruptcy/statistics/

Thank you for posting this. This is both staggering, and also highly informative. It's clear this is crushing the US middle and lower classes.

I've seen a recent trend in churches, where they use their excess funds to buy people's medical debt out of collections and forgive it. It's the best thing I've heard in a long time.

I also have been recently battling with Blue Shield of California (but they're all bad). They were denying me my medicine, in a similar way that Cigna was proven to deny claims by ProPublica recently. I also found out that a few years ago Blue Shield of California was stripped of its non profit tax benefits because it had billions in surplus that it was just sitting on, you know, making profit. Since then they seem to be spending money to out their names on things like opera houses in SF and advertising, but not putting it to work in the community to make real impact.

I propose we create a movement that demands that insurance companies use their excess profit, etc. to buy people's medical debt and free them of it. How do we get this movement going? Blue Shield of California alone has hundreds of millions a year in surplus, that would buy out billions of dollars in medical debt for people and completely change many people's lives for the better.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#137

I don’t understand what the opportunities for startups are these days. Anyone know? I feel like the world doesn’t need more saas companies or otherwise you’re doing a chatgpt api company.

A lot of b2b opportunities. Yes, more saas companies are needed, in niche markets. Lots more saas companies, lots more value to build.

any examples? At this point, it seems everything has been already build (saying as a person who only worked in IT and don't have visibility on other industries, but would like to get some)

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#138

I don’t understand what the opportunities for startups are these days. Anyone know? I feel like the world doesn’t need more saas companies or otherwise you’re doing a chatgpt api company.

There are still a lot of “boring” apps to build for regular people, I think. The classic problem of everything being in spreadsheets or tracked with paper and a clipboard is still totally real. You won’t be the next Google, it isn’t glorious, but it’s a viable and genuinely valuable way to build a business still.

One of the largest and more obvious examples in recent years was logistics. I’ve worked with a couple companies focused on this (as a contractor), and they make a lot of money from their customers by actually saving them considerably more money. One was specifically targeted at waste pickup and disposal businesses because their schedules, routes, and other variables were dramatically different from transportation of goods for example.

Then there’s a company like Roofr. They make it so SMB roofers can run their business more efficiently, generate more accurate quotes faster, and incorporate technologies like aerial drone photography to get quotes together far more professionally and correctly. Construction is a huge part of North America’s GDPs, so there’s a lot of money to be made in these niches.

I put boring in quotes because I think our industry is less excited about software like this, but I actually enjoy it a lot. I love highly focused and well-crafted software that makes a genuine difference for people who are otherwise not focused on using technology. It’s a way that software can actually improve work for people so I get a kick out of it. The feedback loop with customers tends to be tight and high quality too, so you can iterate quickly and make something awesome. This can be harder in the pure tech space, in my experience.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#139

Earlier quoted context omitted.

> No proper health care etc for people cleaning their flats or flipping their burgers... That seems FUD. There are safety nets like Medicaid, Obamacare subsidies and EMTALA for poor.

It's reality, not FUD. Emergency rooms not being able to turn you away when you have a heart attack isn't healthcare. Healthcare includes being able to go to a doctor before you get to the point of emergency for preventative care.

And not paying out the nose for the prevention. We are still paying a 2500 bill from 2 years ago for a mammogram

Edited to correct a typo

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#140
post #135

Earlier quoted context omitted.

We also have to pay a lot more out of pocket for basic services like healthcare,, transportation, childcare, etc.

You’re paying for healthcare at a tech company? Usually your company provides this as a benefit. Same for commuter subsidies.

I think they’re referring to the time after they leave to go work at a start up.
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