Dropbox S-1 • Hacker News Board

Re: Dropbox S-1

#341

Post by snakeboy » Sat, Feb 24, 2018, 1:32 PM UTC

sandworm101 wrote: post #333

lsc wrote: post #314

Earlier quoted context omitted.

>Great that you're content with crumbs, but I'm not, and I certainly don't want to see the next generation of technicians laboring under the same conditions as so many of ours has done. I'll do my part to leave the world a better place for my successors; not just the same status quo. What's the point of life otherwise? dude, I'm a silicon valley computer technician. I literally make 10x what the service people I see…

You are being fooled. Those meals and buses are to keep you at work. Anything other than cash only ties you more tightly to the company. Demand money, not better snacks at the company store.

> You are being fooled. Those meals and buses are to keep you at work.

It would be extremely naive to think otherwise at this point, so I'm sure the parent is aware and enjoys the benefits despite the ulterior motives behind them.

Re: Dropbox S-1

#342

Post by kalleboo » Sat, Feb 24, 2018, 1:34 PM UTC

adventured wrote: post #303

throwaway93192 wrote: post #279

Earlier quoted context omitted.

Yes, he'd be fired. Perhaps have to testify in front of Congress, even. Accountability is worth $8M a year?

The average NBA player salary is $6 million per year. In the next few years all of the NBA players combined (~420 players) are set to make more in salary than all the S&P 500 CEOs earn in salary combined. Should top executives at $10 billion companies (7x the average value of an NBA team) receive compensation on par with professional athletes? How does that not make sense? The US will spend $10 billion per year compe…

NBA player salaries are also not sustainable, they're going to have to drop once ESPN will only be able to charge people who actually watch sports instead of getting paid per cable subscriber regardless.

Re: Dropbox S-1

#343

Post by candiodari » Sat, Feb 24, 2018, 1:34 PM UTC

irq wrote: post #327

candiodari wrote: post #302

Earlier quoted context omitted.

No. It doesn't.

Can you explain?

The whole point of encryption is that you cannot meaningfully compare 2 pieces of plaintext.

Homomorphic encryption doesn't change that.

The only way to compare plaintext is to decrypt the whole thing. So either you must trust a centralized org (like dropbox today), or you must trust a single centralized key (that could be done with homomorphic encryption).

(Also the best homomorphic algorithms still make small programs take days to execute)

Re: Dropbox S-1

#344

Post by lotsofpulp » Sat, Feb 24, 2018, 1:36 PM UTC

matchagaucho wrote: post #329

rrcaptain wrote: post #301

Earlier quoted context omitted.

You realize Equifax has had pretty much no consequences for their gross negligence, right?

Execs were forced to resign. Rank and file Engineers were not.

Once you've made $10M+, why would anyone care if they have to resign? Especially, when odds are they'll have another gig in no time.

Re: Dropbox S-1

#345

Post by joncrane » Sat, Feb 24, 2018, 2:04 PM UTC

andysinclair wrote: post #185

From the S-1, looks like they will be excluded from the S&P500: In addition, in July 2017, FTSE Russell and Standard & Poor’s announced that they would cease to allow most newly public companies utilizing dual or multi-class capital structures to be included in their indices. Affected indices include the Russell 2000 and the S&P 500, S&P MidCap 400, and S&P SmallCap 600, which together make up the S&P Composite 1500.…

That is a good find! Wonder why.

Also if a significant number of firms are excluded, I wonder if new ETFs will pop up.

Re: Dropbox S-1

#346

Post by joncrane » Sat, Feb 24, 2018, 2:06 PM UTC

wonder_bread wrote: post #22

Seems like the move away from AWS to it's own infrastrucutre is starting to pay dividends. 33% GM to 67% in two years is certainly impressive!

Another great find.

Yeah wasn't Dropbox one of the first big things that was built on top of S3?

Amazing to re-engineer that.

Re: Dropbox S-1

#347

Post by mvc » Sat, Feb 24, 2018, 2:37 PM UTC

stanfordkid wrote: post #256

throwaway93192 wrote: post #247

I'll just point out that the SVP of engineering, a former Microsoft exec, received $34 million in compensation, since joining less than 6 months ago. For all employees that are considering joining a startup as rank-and-file engineers and putting in years of effort, remember that your compensation will be paltry compared to founders and top execs. When your work finally pays off, it will mostly pay off for them. Good…

The guy majored in physics and computer science. There's nothing wrong with compensating people who have proven they can scale things (organizations) commensurate to their record.

All the work has been done already by the suckers who joined 4 years ago but won't get the exec jobs because they're not part of the VC club.

Re: Dropbox S-1

#348

Post by swampthinker » Sat, Feb 24, 2018, 3:11 PM UTC

sandworm101 wrote: post #333

lsc wrote: post #314

Earlier quoted context omitted.

>Great that you're content with crumbs, but I'm not, and I certainly don't want to see the next generation of technicians laboring under the same conditions as so many of ours has done. I'll do my part to leave the world a better place for my successors; not just the same status quo. What's the point of life otherwise? dude, I'm a silicon valley computer technician. I literally make 10x what the service people I see…

You are being fooled. Those meals and buses are to keep you at work. Anything other than cash only ties you more tightly to the company. Demand money, not better snacks at the company store.

Edit: Sorry, I shouldn't have said "you". I don't know your situation or how much you make, this is a very broad rant that is based off of previous discussions I've had.

This has to be the most pretentious thing I read in a while. You get paid 6-figures with incredible benefits, while making 2-3x of what the median HOUSEHOLD in this country makes[1], with one of the highest average base salaries, and your individual income ceiling is approximately $180-$200k.

All of this, without having to risk your health like many other blue collar jobs.

All of this, attainable very quickly after graduating college (if you even get to graduating).

Feel free to demand the amount of money you think you deserve. I do think programmers are underpaid for the value they create. But don't make it seem like engineers are lowly serfs or something of that ilk. You have it so much better than most Americans.

[1] $59,039 http://www.businessinsider.com/us-census-median-income-2017-...

Re: Dropbox S-1

#349

Post by graeme » Sat, Feb 24, 2018, 3:15 PM UTC

asmithmd1 wrote: post #337

nathan_f77 wrote: post #323

Earlier quoted context omitted.

Sometimes I think about starting a tech co-op where every member has an equal stake, and we just build SaaS services and mobile apps or games until something works. I've been doing that by myself, so it would be nice to diversify and get a stake in a number of other projects. Similar to an angel investor who invests in a lot of startups, but we'd be investing time and effort instead of money. I'm thinking we could ha…

Once you are established, have applicants work long hours for entry level wages as "associates" in the hopes they could become "partner" one day. This is obviously the law firm model. I have also wondered why it hasn't been (to my knowledge) replicated in tech. The cynical answer is that once you have a suite of profitable applications bringing in money, why share that with new employees when you can get the same wor…

Law firm hours are directly tied to revenue. You can't measure things this way in a SAAS shop.

Re: Dropbox S-1

#350

Post by dlwdlw » Sat, Feb 24, 2018, 3:36 PM UTC

swampthinker wrote: post #348

sandworm101 wrote: post #333

Earlier quoted context omitted.

You are being fooled. Those meals and buses are to keep you at work. Anything other than cash only ties you more tightly to the company. Demand money, not better snacks at the company store.

Edit: Sorry, I shouldn't have said "you". I don't know your situation or how much you make, this is a very broad rant that is based off of previous discussions I've had. This has to be the most pretentious thing I read in a while. You get paid 6-figures with incredible benefits, while making 2-3x of what the median HOUSEHOLD in this country makes[1], with one of the highest average base salaries, and your individual…

I think you're missing something fundamental about wanting and it's that we are wired to always want more. I think it's useful to accept this as something universal so we can understand why others and ourselves act the way we do.

One is that it accepts the imperfect was of others instead of deriding that others are not perfect from a moral high ground. The other is that it prevents ourselves from playing the victim.

It acknowledges the common strengths in each human by also acknowledging the common weaknesses.

At each level of the "game" , whichever game you playing, there always exists a master/slave winner/loser relationship. A pseudo happiness is achieved when comparing with other games and works both ways. "I'm glad I'm not a minimal wage monkey" and "I'm glad I'm not a souless sellout."

The games can be stratified into economic divisions but in terms of striving and human drama they are quite similar. The poor person who has never tasted really expensive food gets the same pleasure from something more simple than a rich person who has numbed his palate does from the most expensive things.

Acknowledging this constant suffering by everyone is the most humane thing you can do and is the only way out of the game of dehumanization others for the purpose of humanizing the self.