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ccn0p

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FDIC – SVB FAQ 3 years ago

Yes if there's a material chance that the last third of folks at the concert get torched in a fire.

Yes but certainly a good chunk of the companies finite resources will be shifted towards this effort vs improving upon search. No judgement whether this is good or bad, just... the way the world is headed.

Ya that could be, I'm in tech so I see it all day, but I tend to be [sometimes] pleasantly surprised at the libertarian ethos that still floats around Hn.. moreso than other platforms that just devolve into flame wars.

Obviously Musk has done some controversial stuff and it's going to piss people off, but do we believe that he has a vision for free speech (not anything goes but free speech as in classic ACLU values free speech) or not? How often does he not say exactly what he thinks?

No it's not straightforward. This isn't a literal physical town square, obviously. This is a platform in which a major type of online discourse takes place that has carved a pretty significant and influential place in history, no matter what happens to it. "escorting people off of it" needs to be taken extremely seriously, with transparency, and with a clear separation from those that set our federal and state policy. This wasn't happening as now proven by the trove of Twitter files.

Well one of the best predictors of the future is the past and he has a pretty incredible track record of both success and vision and staying true to that despite huge market/social/technological headwinds. That was great when he was in energy and space travel, but suddenly not so great.

It seems to me that many tech workers are experiencing, for the first time, the hard reality that:

a) Companies may be formed, operated, and controlled by people, but they are complex systems that do not have feelings and do not care about individuals no matter how much the culture warriors say otherwise. They are systems designed to survive, with or without you.

b) We are not defined by our jobs

I'm not making a case one way or another for capitalism, or layoffs, or the meaning of life, rather pointing out that this is the reality in which we live and once you realize these two points, things will make more sense.

related -- i was just looking at serenade.io and thinking to myself that aside from accessibility purposes, what developer wants to learn a new voice abstraction on top of their programming language abstraction.

0) Macroeconomics is macro. Everything is connected.

1) we just came out of a very long period of "easy money" that inflated valuations and gave founders/boards a sense that money would always be there

2) when your customers are laying off / reducing spend, your revenues usually go down

3) the future is very uncertain

Take all of these things together and boards are asking teams to be as prudent as possible which unfortunately means, bringing costs down.

Why not both? Companies are large complex systems that require pruning over time just like any other complex system. Sure you can move a few people around or ask them to spend a little less, but ultimately it would become nearly impossible to respond to market conditions, or even just your own business changes/learnings, without laying people off.

A lot of people here saying there's "no support for this". Let's not forget that the governor was re-elected by a landslide in the latest midterms even after the "don't say gay bill" which was the last thing that "nobody supported". Seems like the people in Florida are saying something different.