241–250 of 522 posts
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I’m not sure I follow. In what market(s)?
One famous example is Igalia, doing Open Source consulting for various companies, including Google, Apple, and others. They're a worker owned co-op and have grown very nicely over the years.
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> 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…
I still like the money and the number going up. But now that it’s above a certain multiple of what I consider a “comfortable” life, I’m not worrying as much.
Would for change your job for an extra 500k a year? Surely right? An extra 50k? An extra 5k? An extra 500 dollars a year?
Theres some mental calculus that includes everything. Some people will just take “offer with most money” every time. Hell of a lot of people don’t.
I do think that C suite folks might not have the right vision of what “normal/comfortable” is for employees though. So they might offer a low number thinking it’s actually a “comfortable to live with at this stage of life” number and then get confused why they can’t recruit good talent and think people are obsessed with money.
First offer has gotta be within the ballpark of the right number if you don’t want your interviewee to immediately come back to you with a much higher number!
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> 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.
Because, you know, you better have the same amount of skin in the game as I do.
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.
At the (very) low end it's pretty easy to build your own "cloud" with a NAS, containers, and reverse proxies and tunnels to the outside world. And this will get you suprisingly far. But at the high end, I think the market is litterally infinite. Every large company should want this, and want it now. Cloud providers are extremely expensive and, outside of the 1-tier where prices are really outrageous, they perform poo…
Now a lot of the things that were done pre-cloud were done in bad ways, and I'm not saying that we were right about those things. Having APIs for provisioning and monitoring are far better than submitting a request to some queue and having your VM provisioned manually 1 week later by someone who gets a key detail wrong. APIs and granular permissions are how this should be done, and "the cloud" taught everyone that very early. But a lot of companies are really stuck in the cloud mindset now, and won't let go of it.
I think companies like Oxide and product lines like theirs are going to start becoming common. Microsoft, of course, completely fumbled the ball with Azure Stack, and I've never even heard of anyone deploying AWS Outpost, both for the same reason: the costs for these are absolutely insane for what they provide.
What most folks really want is their own infrastructure running their own stuff using APIs that are either written in-house or provided by some vendor. Oxide is betting that they can sell you a working scalable system for less money than it would take to hire a team to write the APIs that would allow a company to do the same with off-the-shelf hardware. I think that they're probably right about that.
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> 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…
Back when my salary was shitty I cared about the money a lot. I still like the money and the number going up. But now that it’s above a certain multiple of what I consider a “comfortable” life, I’m not worrying as much. Would for change your job for an extra 500k a year? Surely right? An extra 50k? An extra 5k? An extra 500 dollars a year? Theres some mental calculus that includes everything. Some people will just ta…
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Sales works that way in every industry. A top salesman can make more than the CEO from commission. Many top salespeople have a zero base salary. The pressure is pretty crazy, though. I’m not cut out for that kind of thing.
I do know that (I myself also worked in sales for a short stint, unrelated to software though), what I don't understand how these magical "sales people" apparently can't work for a fixed salary when literally everyone else can. Apparently the rest of us can do high quality work without being paid for each feature/bug fixed, yet these individuals cannot? > Many top salespeople have a zero base salary. Hmm, probably tr…
It isn't that "sales people"[0] can't work for a fixed salary. The good ones just won't because they can find another employer that will pay commission, and they know they will make more with commission than without.
Employers will pay commission because that's how you attract the best sales people, and the best sales people are worth orders of magnitude more to their business than average sales people. Despite how much they earn, in general and compared to their average peers, the best sales people don't cost orders of magnitude more (5x is a more typical spread in tech sales.)
The advantage of 100% commission -- where it is legal -- is pretty obvious from the employer's view point. The company only pays for production. These sales people are commonly (but not always) independent contractors. The benefit for the sales person is a little less obvious, but, generally, they have more autonomy, a simpler comp plan without any caps, and earn more per dollar sold than they would on a base + commission plan.
0 - whether magic or not
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Maybe I'm old-school, but I clicked on the logo in the top left, then read the first sentence which reads "On-demand elastic resources", which gives me some idea about what it is, and then later it says "A rack-scale system, built true to cloud architecture, that you can own and operate in your data center." which makes me 100% understand what the product is. Do new internet users not know that the landing page usual…
> On-demand elastic resources Which is kind of wrong, because there is nothing elastic nor "on demand" about metal you buy.
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> 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…
I'm a Bryan Cantrill fan so I'm glad this is working out, I was extremely skeptical of them at the beginning(on HN too), I think because I've built DCs for many years and was stuck in a mindset that served my use case, I've come around to Oxide. My main concerns originally were 2 fold: "this seems bougie", is there actually a market for this, and, is there a good interoperability story with mix and match. From what I…
I was skeptical as well, if only because just being a better product isn't enough to win the market. Everything we hear about Oxide sounds like an impressive green field implementation of a data center, but is that enough? Do the people making buying decisions at this scale care if their sysadmins have better tools?