41–50 of 346 posts
Good. Both Google and Amazon are barreling down the path of democratizing scale and infrastructure with their cloud offerings. It's never been easier to reach millions of users in a short amount of time with your product. These are the companies that will end up ultimately challenging them down the road for talent and potentially even hitting at their core business models of search and commerce (we've already seen hi…
No shit Sherlock. If FAANG companies lay-off smart people expert at the latest technologies and give them a comfortable severance, some of them are bound to come up with smart startups. Some are going to hurt the incumbents eventually. The BigCos shot themself in foot by doing these mimetic mass firings.
good luck getting funding
For anybody willing to start their own thing, it's never been easier.
And for anybody else who's smart and wants to do big things, message me.
Good. Both Google and Amazon are barreling down the path of democratizing scale and infrastructure with their cloud offerings. It's never been easier to reach millions of users in a short amount of time with your product. These are the companies that will end up ultimately challenging them down the road for talent and potentially even hitting at their core business models of search and commerce (we've already seen hi…
Earlier quoted context omitted.
> plus health insurance through Cobra. Nb. using COBRA is often pretty damn expensive, since you're paying the full cost of whatever plan the company uses. It can make sense for some people since it means your deductible and max-out-of-pocket don't reset like they would if you switched to a marketplace plan (and then reset again when you get a new job and another plan) but it's not quite as nice a thing to have as it…
The companies (at least Meta/Google) are paying the full cost of healthcare for 6 months, at zero cost to those laid off.
Good. Both Google and Amazon are barreling down the path of democratizing scale and infrastructure with their cloud offerings. It's never been easier to reach millions of users in a short amount of time with your product. These are the companies that will end up ultimately challenging them down the road for talent and potentially even hitting at their core business models of search and commerce (we've already seen hi…
The second statement does not follow from the first.
What is true (partly because of the first statement) is that building is now easier than ever. Precisely because of that, however, rising above all the noise and reaching millions of users is now arguably harder than it was previously.
I imagine severance packages are a big factor here. People laid off by Google might have a full six months or more of severance pay, plus health insurance through Cobra. That's a pretty fantastic opportunity to spend six months on a startup in relative economic safety!
Earlier quoted context omitted.
I don't know if it was "shot themselves in the foot" so much as "the unsustainable thing they were doing to prevent potential competition finally broke." FAANG's talent acquisition strategy has always been as much about preventing things from being built externally as it was building things internally. Problem is, there's only so long you can funnel all of your 500k/year engineers into revenue-negative wastes of time…
It'll be interesting to watch this play out. I know ByteDance has been slurping up some Meta talent, and you don't want someone you lay off to build the company that eventually kills you.
Good. Both Google and Amazon are barreling down the path of democratizing scale and infrastructure with their cloud offerings. It's never been easier to reach millions of users in a short amount of time with your product. These are the companies that will end up ultimately challenging them down the road for talent and potentially even hitting at their core business models of search and commerce (we've already seen hi…
cloud infrastructure was never the limiting factor.
Having an old school style IT structure was a pain. Maintaining your severs, networking gear if needed, OS updates ... on and on.
For very small teams (maybe not the well funded start ups) that could eat a lot of time and trouble.