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Our $100M Series B

oxide.computer

81–90 of 522 posts

Re: Our $100M Series B

#81

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.

Agree. But those fat margins can get starting to be shared with CIOs, CTOs and other managers with purchasing power. IMO the constant hectoring at workplace about migration to cloud or cloud native crap is not coming from some deep technical principles. It is more of Do it before you get fired for non-compliance

Re: Our $100M Series B

#82

Meta: Oxide has talked about the designs of their cooling [1][2][3], so I'm curious to know if they ever start offering GPUs how they'd handle that. Folks seem to be moving toward liquid cooling[4] either to the rack/chassis[5] or even to the chip[6]. [1] https://oxide.computer/blog/how-oxide-cuts-data-center-power... [2] https://www.youtube.com/watch?v=4vVXClXVuzE [3] https://www.youtube.com/shorts/hTJYY_Y1H9Q [4] h…

Oxide's blogs talk about cooling _a lot_, apparently their stack runs very cool b/c they've reorganized the whole thing around efficiency, and written all the firmware to support that goal.

Skeptical of that. There's only so much you can do against the physics of moving electrons around at high speeds... "Bigger Fans" and "compute density" doesn't change that

Re: Our $100M Series B

#83
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 could tell the answers were "yes" and "don't care" - I had thought this wasn't a great answer but it seems I'm wrong. I was chatting with Boris Mann just last week about them and he said "actually John that isn't correct, think of how much quick compute needs to come online and how much discreet compute is going to be required with low management overhead, they're doing just fine and that market will grow" - After that I did some research and pondered on it for a day - I think my friend is right and I am wrong, I think at this point Oxide is going to be a really strong name and I wish them the best of luck.

Re: Our $100M Series B

#84
post #13

Everyone at Oxide makes the same salary: >We decided to do something outlandishly simple: take the salary that Steve, Jess, and I were going to pay ourselves, and pay that to everyone. [ https://oxide.computer/blog/compensation-as-a-reflection-of-... ] Does everyone at Oxide have the same equity grant?

They have since updated it slightly > Since originally writing this blog entry in 2021, we have increased our salary a few times, and it now stands at $207,264. We have also added some sales positions that have variable compensation, consisting of a lower base salary and a commission component.

Why is sales special? Why not just have some performance bar for that, just like all the other positions?

Re: Our $100M Series B

#87
post #13

Everyone at Oxide makes the same salary: >We decided to do something outlandishly simple: take the salary that Steve, Jess, and I were going to pay ourselves, and pay that to everyone. [ https://oxide.computer/blog/compensation-as-a-reflection-of-... ] Does everyone at Oxide have the same equity grant?

Of course not, what's the purpose of asking such as silly question? Are you being snarky and suggesting that employees deserve the same upside that founders deserve?

A lot of people with broken /s detector are replying to this comment.

Re: Our $100M Series B

#88

Lots of praise not much skepticism, so what is the exit here? $100M is a lot of money investors want to see returned of the total amount raised of almost $200M? Remember Oxide is VC backed so there must be some strings attached here, is it an IPO or an acquisition for an exit or just staying private?

I don't get it. They're a hardware integrator with a secret sauce management layer on top. I like anything on-prem but this seems a bit hyped. Slick website and appears to have a very good team though.

These days there are very few companies innovating in this space. Oxide is the only one I can think of. (No, HPE and Dell doesn’t count, not in my book at least.)

There used to be lots of them, but they all had a very rough time after the 90s when cheap x86 boxes started to become ubiquitous.

I have no idea if Oxide will succeed or not, but I sure hope so. If it goes well they might become the Sun of the 20s.

Re: Our $100M Series B

#89
post #76
post #53

Earlier quoted context omitted.

One exception, for sales. I don't see how they could have done it differently. We have a "one rate per level" rule. The rates are published, and so are the definitions of the levels, and everyone's level (i.e. indirectly you can know everyone's salary) Worked great, untill we started to look for sales. Doesn't work. They only know incentive-based schemes. So now they have an incentive-based scheme just for the sales,…

I argued this in the previous discussion about oxide’s compensation structure: I disagree that sales must be commission based. Yes, finding sales staff that are willing to work for a salary and equity shrinks the pool but the same is true of engineers willing to work for a flat rate across the company. Sales might seem mystical and magical to engineers but it isn’t. A small company with a small sales team can absolut…

> Just because we can measure a sales person’s contributions in dollar amounts does not mean we must measure it in dollar amounts.

This is the fairest form of compensation. It's unfortunate that engineering contribution cannot be measured the same way. If we could engineers would all be getting a nice pay hike.

Re: Our $100M Series B

#90
post #87

Earlier quoted context omitted.

Of course not, what's the purpose of asking such as silly question? Are you being snarky and suggesting that employees deserve the same upside that founders deserve?

A lot of people with broken /s detector are replying to this comment.

It would seem like parent's something detector is off if they think the grand-parent's comment was snarky.
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