151–160 of 203 posts
Well, I guess I won’t be working for Coinbase then. I am probably of the rare breed, who actually likes to go to office (not everyday). I can’t imagine staying home all day everyday basically hopping zoom calls. I hope other companies use office presence as a competitive advantage at this point
Earlier quoted context omitted.
I don't have any personal experience but this is what Mitchell Hashimoto wrote a few years ago on the general topic of hiring remote: https://news.ycombinator.com/item?id=17022563
It would be infinitely easy to do this with Bitcoin, you could have and all anonymous all remote workforce. Wait, that's already how open source works for the most part.
If your employees reside in a US state, you usually have additional obligations there related to state income tax withholding or state unemployment insurance, as applicable.
Industries that rely heavily on business travel are basically fucked. Airlines (first and business class), hotels, ridesharings, car rentals and etc.
- company pays to fly me out (biz class) - puts me in a decent hotel for a week - I need to get from hotel to wherever we go (rideshare) hopefully it’s walking distance but not always.
This happens once every quarter or so given covid has stopped.
We might have real offices again some day but till then it’s all ephemeral stays and juicing the industry you say is fucked.
Should probably qualify this as "geographically decentralized". As long as there are C-level executives, VPs, and the usual corporate heirarchy, they're not really decentralized in the sense that cryptocurrency itself is fully consensus-driven.
A truly decentralized company, in the ideological sense, would have none of that.
Should probably qualify this as "geographically decentralized". As long as there are C-level executives, VPs, and the usual corporate heirarchy, they're not really decentralized in the sense that cryptocurrency itself is fully consensus-driven.
Earlier quoted context omitted.
One thing the average worker should watch out for is companies who perform geographically adjustment pay scales. Some WFH companies now even list that as a benefit that they do not do these type of adjustments. I'm not sure what the best answer is to that but feel many are using it as an excuse to pay workers less.
Why wouldn't companies use WFH for their own benefit? They are businesses. I find it weird that western workers somehow imagine that WFH means that they can happily work remote but not compete with other remote workers. The fact is that their big value-add has been the physical contact with the employer, as employers want to interact with their employees f2f for god knows what reason.
A lot of people seem to operate under the assumption that there's a huge pool of talented engineers outside the tech major metros, eager to work for cheap salaries.
I just don't see it all. The reality is almost all talented engineers are currently being paid tech industry salaries. Yes, there's a lot of IT workers making $85k at regional banks in suburban Ohio. But the vast majority of these workers are not anywhere near skilled enough to step into a typical SV role. (I've seen the codebases of Ohio regional banks... they certainly wouldn't pass review at Google.) There's a huge shortage of software engineers-- everywhere, not just in the Bay Area.
Imagining that FAANG giants are just gonna hire a bunch of cheap IT workers from middle America, is like imagining that Goldman Sachs is going to replace their investment bankers with loan officers Missouri.
Should probably qualify this as "geographically decentralized". As long as there are C-level executives, VPs, and the usual corporate heirarchy, they're not really decentralized in the sense that cryptocurrency itself is fully consensus-driven.
Keep in mind: The average tenure for big-tech employees is less than 3 years -- and usually more like 2 years [1]. We were all abruptly pushed into WFH due to the circumstances. It's perfectly logical to embrace this status quo, and then just gradually transition back to the office (in full or in part) as the dust settles. [1] https://www.businessinsider.com/average-employee-tenure-rete...
not all, no. many people were pushed into this. but many people have been doing this for a very long time, and we do it very differently from the people who just got pushed into it.
Earlier quoted context omitted.
take a minute to look up the various "I was inside Valve and it had a hidden structure" war stories. that led to a lot of people reading "The Tyranny of Structurelessness" back in the day. TLDR: "Welcome To Flatland" is Valve marketing and it doesn't hurt to take it with a grain of salt. https://www.pcgamer.com/valves-flat-structure-contains-hidde... https://medium.com/dunia-media/the-nightmare-of-valves-self-... htt…
Important to note that Gabe gave the product rights that the fired team were developing. Said team went on to have a successful Kickstarter (250% successful!), and then failed in actually delivering results. In hindsight, seems smart to pull the plug so far in advance. I'm sure the complaints about informal power groups, careful politicking being required and gaurded groups are true... if only because that's true in…
Not knowing the product, this looks like it may be a valid interpretation; could another be that the project would be more likely to succeed with the commercial backing of a company like Valve?