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Goldman Sachs will open-source some of its trading software

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Re: Goldman Sachs will open-source some of its trading software

#5
post #4

How much do we wanna bet this is just a recruiting gimmick?

Oh, you mean like them offering a VP position (without telling you maybe half of the people there are VPs)?

It may be more like saying they support open source in the same way companies rushed to say they are green, for their image. The plethora of VPs is partly a sales thing, so that every client gets to meet with a VP. Just like how every sales person is a director or similarly inflated title at other companies. Hopefully one knows this before taking such a job!

Edit: After RTFA, it seems to be 2.5 things: - Crowdsourcing ideas while getting everyone to conform to their platforms - Image improvement to appear innovative - Speculating: monetization of old code that doesn't actually work anymore

Re: Goldman Sachs will open-source some of its trading software

#8

How much do we wanna bet this is just a recruiting gimmick?

As a general rule I assume that most “open source” software released by companies is just a recruiting tool. Some projects manage to form a community beyond the mothership, so there certainly exist exceptions, but others are to be approached with extreme caution.

Re: Goldman Sachs will open-source some of its trading software

#9
post #5
post #4

Earlier quoted context omitted.

Oh, you mean like them offering a VP position (without telling you maybe half of the people there are VPs)?

It may be more like saying they support open source in the same way companies rushed to say they are green, for their image. The plethora of VPs is partly a sales thing, so that every client gets to meet with a VP. Just like how every sales person is a director or similarly inflated title at other companies. Hopefully one knows this before taking such a job! Edit: After RTFA, it seems to be 2.5 things: - Crowdsourcin…

just like I'm a sr engineer but still basically do a tech's work. Inflated titles at companies is a joke
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