[deleted]
Our $100M Series B
21–30 of 522 posts
Re: Our $100M Series B
#22Isn't Oxide kind of like Oracle now building polished vertically integrated monster machines ? A bit humorous from that perspective given Cantrills dislike for Larry Nevertheless cool company and product.
Isn’t the main issue with Oracle the aggressive sales and exploitation of captive customers?
Re: Our $100M Series B
#23Everyone 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?
indeed, founders are generally compensated at half the competitive rate
Re: Our $100M Series B
#24Rooting 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 cheap x86 hardware meant that the lions share of development happened on them.
People could throw a pentium 2 PC in a corner and have it serving web traffic, and when things started growing too much you could add more P2 machines or even grab a Xeon 4socket machine later down the line.
This isn't possible with mainframes, and thus, people largely don't mess with them.
The annoying thing is that this kind of problem has some kind of stickiness effect. If you need a server, and then another, you buy them as you need them and if you're already 20 pizza boxes in; it's a pretty big ask to rip them all out and moving to a different vendor entirely than staging replacements one after another.
So I guess their target audience is the "we don't want to touch cloud" organisations that have a good IT spend that are willing to change vendors?
I don't think I've worked for any of those.
(FD: I'm actually a fan of the Oxide team, and the concept, and I would buy into the ecosystem except I have needs that are at most 3 servers at a time)
Re: Our $100M Series B
#25Congratulations everyone at Oxide!
Re: Our $100M Series B
#26Pretty 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.
Re: Our $100M Series B
#27Everyone 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?
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?
Re: Our $100M Series B
#28Everyone 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?
That would be even more outlandish, I don't think that's possible.
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Re: Our $100M Series B
#29Everyone 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?
That would be even more outlandish, I don't think that's possible.
It depends, there are certainly founders who come from sufficient money that the value of founding a unicorn is not material to their Net worth.
However I’d also suggest that the concentration of tech in the last decade is also partly due to startups chronically stiffing their employees on equity. The difference in compensation potential naturally forces a talent split where talent joins larger and much better compensated firms.
Re: Our $100M Series B
#30Great news for Oxide. I followed their podcasts for a while but they petered out and I haven't heard much about their products/growth for a while. Sounds like it's still viable.
USIT... what a cryptic website! Is it government-related (like In-Q-Tel) or private? Have no idea...