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Our $100M Series B

oxide.computer

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Re: Our $100M Series B

#501

Post by steveklabnik »

menaerus wrote: post #482
naikrovek wrote: post #251

Earlier quoted context omitted.

maybe you're not familiar with just how stupidly written most code is. you're right that there are efficiency limits, but not once in my career have I ever seen anyone even attempt to write their code so that it is efficient to run, outside of gaming.

Anything can be improved. Or almost anything. The question is by how much, 5%, 10% or 300%. In this case, I am not really I understand the problem oxide is set to solve so I can't really comment precisely but to me it sounds that if we generally say that data center equipment is suffering from power budget and cooling issues then I don't see this as a problem that software can solve.

> I don't see this as a problem that software can solve.

Neither do we, which is why we are building both software and hardware, together. That's the only way to truly tackle thorny issues like these.

Re: Our $100M Series B

#503

Post by abustamam »

Kirby64 wrote: post #499
abustamam wrote: post #403

Earlier quoted context omitted.

I used to think (like 10 years ago) that $100k a year was all the money in the world and I'd be able to own a nice house and drive a nice car in Cali. Now my household income is double that, and I'm not a homeowner (I admit I do rent a nice house in a Norcal suburb) and because of remote work I'm not too concerned about the car I drive (but my wife does drive a Tesla), and after emergency fund savings, retirement, bi…

> Now my household income is double that, and I'm not a homeowner (I admit I do rent a nice house in a Norcal suburb) and because of remote work I'm not too concerned about the car I drive (but my wife does drive a Tesla), and after emergency fund savings, retirement, bills, and helping family out, my wife and I are still somehow still paycheck to paycheck. “Paycheck to paycheck” isn’t really accurate if you can cont…

That's fair. I think what I'm trying to get at is that the typical suggested middle class American budget is exactly that — save a bit for emergency fund, save a bit for buying a house / home repairs, save a bit for an annual vacation. Maybe not giving money to family, but charity in general. Considering that a middle class family in CA would not be able to do all of these. I don't think I'm commenting on the salary itself; rather, the cost of maintaining status quo is rapidly outpacing middle class. A teacher on a middle class salary would be able to do all of these on a single income just a few decades ago. I shouldn't need to earn triple the median income to do that.

Re: Our $100M Series B

#506

Post by unicornhose »

steveklabnik wrote: post #504
unicornhose wrote: post #502

Earlier quoted context omitted.

Wow, looks like I am not doing that. oxide.host is an entirely different company.

Haha no worries! I was a bit confused, but now I learn about that company! Thanks :)

Lolol. Would delete my comment if I could. Ah, well, I still wish them well. :D

Re: Our $100M Series B

#507

Post by kortilla »

mwcampbell wrote: post #381
kortilla wrote: post #226

Earlier quoted context omitted.

This has been the biggest red flag to me about oxide since these blogs came out. You don’t join a startup for salary and every startup I’ve been at that emphasizes fair salaries is doing that to intentionally discourage people from pushing on total compensation. Employees apart from the very early ones are likely really getting fucked on equity because oxide explicitly treats candidates asking about equity as a red f…

> (If you are good, remote work with high TC is definitely available.) But how good do you have to be at things other than the work itself (edit: and how lucky as well) to land one of those jobs with higher compensation? For someone outside of high-cost-of-living tech hubs, Oxide's fixed salary could be life-changing all by itself, even with minimal equity. The fact that they take that deal doesn't necessarily mean t…

Assuming they are exclusively hiring US, in a low CoL area $200k sets you up for a solid middle to upper middle class lifestyle. That’s a Walmart store manager.

You’re not gonna retire early, take years off at a time, or anything else like that which the big tech companies RSU grants can get you.

Re: Our $100M Series B

#508

Post by solatic »

jeffbee wrote: post #283
naikrovek wrote: post #244

Earlier quoted context omitted.

like us old assholes were saying when the cloud really started to take off: "this is nuts, it's just someone else's computer! and they're making a profit off of this service, meaning it's more expensive than what we were doing!" 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 th…

> they're making a profit off of this service, meaning it's more expensive than what we were doing! I hope you can see that this is a logical fallacy known as "zero-sum thinking". It is not only possible for a business to profit while lowering prices, it is universal throughout the economy. Tomato farmers make a profit selling tomatoes at a price much lower than the cost to grow tomatoes at home. Bakeries radically u…

Your overall point isn't wrong, but...

> Bakeries radically undercut the cost of home baking

This is not always true anymore. I bought a (nice, expensive for its product category) bread machine on Amazon for something like $300. I can bake a loaf of spelt flour bread with nuts and raisins for ~$2 in ingredients at unoptimized grocery store prices. The more-or-less same loaf from a bakery would cost me probably ~$8. Now, that loaf from the bakery would be nicer - artisan etc. - but the bread machine gives a nice crust, I slice it up to throw in the freezer anyway, and the bakery loaf isn't worth the premium to me. I'll see a return on my investment in about a year.

Industrialization should reduce prices while improving quality. In many cases this is true. But it's worth it, sometimes, to have the actual numbers in mind, in case the industrial producers start to forget that they are competing with home processes and raise their prices without consideration. Sometimes, owning your means of production will be cheaper than paying someone else to pay R&D, rent, labor, and marketing.

Re: Our $100M Series B

#509

Post by steveklabnik »

kortilla wrote: post #507
mwcampbell wrote: post #381

Earlier quoted context omitted.

> (If you are good, remote work with high TC is definitely available.) But how good do you have to be at things other than the work itself (edit: and how lucky as well) to land one of those jobs with higher compensation? For someone outside of high-cost-of-living tech hubs, Oxide's fixed salary could be life-changing all by itself, even with minimal equity. The fact that they take that deal doesn't necessarily mean t…

Assuming they are exclusively hiring US, in a low CoL area $200k sets you up for a solid middle to upper middle class lifestyle. That’s a Walmart store manager. You’re not gonna retire early, take years off at a time, or anything else like that which the big tech companies RSU grants can get you.

> Assuming they are exclusively hiring US,

We are not, as long as you are willing to have work overlap with PST. We have several European employees, for example.

Re: Our $100M Series B

#510

Post by panick21_ »

bpt3 wrote: post #158
dijit wrote: post #24

Earlier quoted context omitted.

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…

The target audience as I understand it is companies that have gone cloud-only or close to it and are big enough where moving workload on-prem makes financial sense. They can migrate to an Oxide "cloud" without too much difficultly as opposed to procuring, installing, and maintaining the rube goldberg machine you mentioned. They also attract interest among the "we don't want to touch cloud" organizations where trying…

The great market is people who were never in the cloud. Those still exist in large numbers.

People coming back from the cloud is a future growth market, but there is plenty of non-cloud stuff in many places.

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