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Windsurf employee #2: I was given a payout of only 1% what my shares where worth

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Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#421

Post by jamil7 »

eastbound wrote: post #379
jamil7 wrote: post #327

Earlier quoted context omitted.

Because politicians have made it their mission to chip away at the NHS over decades. This doesn’t say anything about the efficacy of statutory healthcare.

It does. In every public-healthcare country, this happens. Because incentives are stacked against delivering to the patient and for increasing spendings. It’s the tragedy of the commons.

> In every public-healthcare country, this happens.

Outside of Canada and the UK this isn't true.

> Because incentives are stacked against delivering to the patient and for increasing spendings.

Germany, The Netherlands and Japan all have regulated competition models.

> It’s the tragedy of the commons.

Public healthcare isn't a free for all, its regulated, actively managed and budgeted.

Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#422

Post by pembrook »

saagarjha wrote: post #384
pembrook wrote: post #190

Earlier quoted context omitted.

Okay, but how much do you think you deserve as an employee who has invested none of your money in the company and decided to join on a 6-figure salary only after the company is already through YC, is funded by top investors and looks attractive? If you’re instantly replaceable by any dime-a-dozen engineer than can install packages on npm and use react components and add a thumbs up to slack messages…to not get accide…

Do you think founders deserve 100x more money because six weeks ago they sat in a few meetings with Y Combinator that went well?

If it’s so easy to do that instead (and if you think that’s how startups work), why the hell would you join as an early employee instead of starting your own company?

Hint: it’s not as easy as you think.

Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#423

Post by pembrook »

bravesoul2 wrote: post #405
pembrook wrote: post #190

Earlier quoted context omitted.

Okay, but how much do you think you deserve as an employee who has invested none of your money in the company and decided to join on a 6-figure salary only after the company is already through YC, is funded by top investors and looks attractive? If you’re instantly replaceable by any dime-a-dozen engineer than can install packages on npm and use react components and add a thumbs up to slack messages…to not get accide…

Take the moralising out it. If I join a lottery syndicate and it wins 100m but I only put in 1% of the syndicate amount say $100 do I not deserve $1m because I'm just a "whatever I am just"???

You didn’t put anything in though, the lottery syndicate paid you to work as a janitor.

And the point is the syndicate didnt win??

Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#424

Post by ricardobeat »

jamil7 wrote: post #421
eastbound wrote: post #379

Earlier quoted context omitted.

It does. In every public-healthcare country, this happens. Because incentives are stacked against delivering to the patient and for increasing spendings. It’s the tragedy of the commons.

> In every public-healthcare country, this happens. Outside of Canada and the UK this isn't true. > Because incentives are stacked against delivering to the patient and for increasing spendings. Germany, The Netherlands and Japan all have regulated competition models. > It’s the tragedy of the commons. Public healthcare isn't a free for all, its regulated, actively managed and budgeted.

I wouldn't use the Netherlands as a great example either. The family doctor model is slowly disappearing, replaced by private clinics. It is relatively difficult to get appropriate treatment for anything, and there are long waiting queues even for intake appointments. It has only been getting worse in the past decade.

Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#425

Post by AngryData »

kstrauser wrote: post #264
frankus wrote: post #258

Earlier quoted context omitted.

Every now and then I dream about how much more money I'd be making if I lived in the Bay Area, but then I read something like this and realize that earning ~half as much working remotely from a cheaper (at least when I bought) city maybe isn't so bad.

They are greatly exaggerating. One tangible advantage to living somewhere expensive with higher salaries is that anything you can buy online is effectively that much cheaper. An iPhone costs the same in Arkansas as in San Jose, so you'd end up working many more hours to buy one in AR than in CA, on average. Yes, housing is more expensive. A lot more. Everything else is way cheaper.

Thank you, so many people like to go about cost-of-living and pretending things are equal because of that, but the vast majority of goods people buy are not priced that way, and in truly remote places the cost of goods actually go up. The land or housing might be cheap, but pretty much everything else costs the same, so the lower paying job still hurts.

Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#426

Post by bravesoul2 »

pembrook wrote: post #423
bravesoul2 wrote: post #405

Earlier quoted context omitted.

Take the moralising out it. If I join a lottery syndicate and it wins 100m but I only put in 1% of the syndicate amount say $100 do I not deserve $1m because I'm just a "whatever I am just"???

You didn’t put anything in though, the lottery syndicate paid you to work as a janitor. And the point is the syndicate didnt win??

You pay by getting 120k/y for 60hr week instead of 300k/y for 45hr week in Bay area.

Pretty expensive.

Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#428

Post by eastbound »

jamil7 wrote: post #421
eastbound wrote: post #379

Earlier quoted context omitted.

It does. In every public-healthcare country, this happens. Because incentives are stacked against delivering to the patient and for increasing spendings. It’s the tragedy of the commons.

> In every public-healthcare country, this happens. Outside of Canada and the UK this isn't true. > Because incentives are stacked against delivering to the patient and for increasing spendings. Germany, The Netherlands and Japan all have regulated competition models. > It’s the tragedy of the commons. Public healthcare isn't a free for all, its regulated, actively managed and budgeted.

> > It’s the tragedy of the commons.

> Public healthcare isn't a free for all, its regulated, actively managed and budgeted.

Not what I mean. It’s racist. Public jobs are being reassigned in a racist way to help whoever the currently-elected leader wants to favoritize, and, as the NHS ad says: “This is us, now”, clearly demonstrating a no-whites ideal (NHS’s intentions, not mine).

Public health funnels money from people who paid to get coverage, to, on one part, those would be rejected in a normal system (non-insured people) because it’s easier to say yes when it’s diluted; to to, for the second part, people self-selected by the group of currently-employed people, ie in the UK it means that normal people are selected with all criteria but protected classes (the legal term, “protected classes”, I mean) have priority for those jobs.

You may pretend the NHS is not racist, but the NHS actions speak for themselves.

Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#429

Post by K0balt »

pjerem wrote: post #392
nkmnz wrote: post #388

Earlier quoted context omitted.

lol no. Private health insurance in Germany is ~800-1000 for a 60 y.o. – public insurance might be cheaper, but you need to qualify for that when you move here by working as an employee when you're that old. Working permission will require you to work full time. So you'll end up working full time and pay ~600-1200 (based on your salary) in contributions.

I never said public healthcare is free for strangers. It’s rarely the case. Most of the time if you are not a citizen you need to either work or pay taxes. In fact even if you are a citizen, you may not be covered if you live abroad. It’s relatively easy to be covered as a stranger : in 99% of situations, if you just set up here seriously and not as a tourist, you’ll be covered. I count a 60yo who never contributed t…

Yeah, I run a coffee /cacao farm that employs a few locals, but obviously I don’t qualify for the government insurance. My insurance is private/ un subsidized.

Re: Windsurf employee #2: I was given a payout of only 1% what my shares where worth

#430

Post by K0balt »

akshitgaur2005 wrote: post #348
K0balt wrote: post #328

Earlier quoted context omitted.

This. I moved in a developing nation with a GDP smaller than most US states. I have access to excellent modern healthcare and facilities, get more than 5 minutes in front of my doctor, often 1/2 hour+, and my (nearly 60 years old) health insurance is less than 75 usd a month. Covers 90 percent plus, including mental health, limited dental, and optical. The healthcare sector is private / public hybrid, profitable, and…

May I ask which nation?

Dominican Republic. The medical tourism industry here is booming as well. The public sector facilities are not as nice, but you can get free care for the vast majority of basic things that a person needs, without worrying about a bill. Still, people that can usually use private clinics because the experience / comfort/convenience is much better.

What they do subsidize here is education. Anyone with the drive and family support to do so can become a doctor, but you have to do a rotation in the public medical facilities to maintain your licence, and all public hospitals are teaching hospitals, so your case will be observed by 10 to 15 students and a bunch of residents if it’s interesting.

The system seems to work well.

I should also clarify that 75 dollars is about a weeks wages here at minimum wage, so roughly equivalent to $400 in the us economy. That figure tracks for most cost of living expenses here, except luxury items which are typically more expensive here than in the USA.

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