pcannons

My current world view: for monster multiples you need someone who knows how to go 0 to 1, repeatedly. That's almost always only the founder. People after are incremental. If they weren't, they'd just be a founder. Hence why everything is done through acquisitions post-founder. So there's armies of engineers incrementally scaling and maintaining dollars. But not creating that wealth or growing it in a significant % way.

Nice, my experience writing production code in large codebase here, granted it's evolved a lot since: https://philippcannons.com/100x-ai-coding-for-real-work-summ...

Not surprisingly, building really fast is not the silver bullet you'd think it is. It's all about what to build and how to distribute it. Otherwise bigcos/billionaires would have armies of engineers growing their net worth to epic scales.

SigFig | Principal Software Engineer | Full Time | Remote (US)

We're a FinTech committed to building financial solutions that are accessible and affordable to everyone. Currently we are focused on partnering with banks such as Wells Fargo, UBS, and Citizens Bank to serve consumers where they primarily are. We did start as a B2C company though and do still have a significant user base there as well.

For this team specifically we're building a product which is like Teladoc but for financial advice. Because of the complexity of financial advice and everything that goes into it there are a lot of opportunities to do first principles thinking on how things can be done especially given the "digital window" of remote.

If that sounds interesting, please apply here: https://sigfig.breezy.hr/p/97258ebf4859-principal-software-e...

I'm the hiring manager so please feel free to look me up as well: Philipp Cannons

Are you hosting on Wordpress? You just need to install caching so each visit doesn’t query the DB.

Or what are you hosting on?

My framework for this as a failing entrepreneur so far, so don't take too seriously:

There are 3 steps going from 0 to 1: 1. problem/solution fit 2. product/market fit 3. business model fit

#1 determines whether or not you can make just a few people very successful in achieving some outcome they want where they are willing to pay you

#2 determines whether or not there's a market that highly demands your solution and you can convince them to pay you for it at scale

#3 determines whether the net profit and net profit growth YoY justifies working on the company

I think this tweet is saying the company already had product/market fit so scaling it was no problem.

Brian Balfour is someone who actually has some success. Here's his series for putting p/m fit in a different framework: https://brianbalfour.com/essays/product-market-fit-isnt-enou...

https://philippcannons.com About the intersection of building products & statistics

This post is relevant and made it to page 2 recently: https://news.ycombinator.com/item?id=23305216

Great point about increased uncertainty! That’s obviously a trade off of high growth bets whereas old business is not going anywhere.

You’d likely be in high demand at other initiatives if you’re a top performer though. I’ve also seen friends incentivized to get them to stay specifically because the mission they came for became kaput.

I can totally imagine your situation play out though. Depends on the needs of the company at that stage + your perceived value.

Personally I cannot assign importance to something until I understand the structure it operates within. Hence the preamble to the simple point about promotions in the article.

I wish someone had told me when I was a starry eyed college kid entering the workforce that by focusing on this one strategic decision, I could have gotten so much more out of the many 100 hour work weeks of execution. e.g.: Someone working long shifts at a restaurant is just as hard working as Elon Musk, the scale of Elon’s impact is just much bigger.

More practically, the original title got one upvote because it didn’t focus on the value of the article.

I should have probably phrased that better. At one end your skills might get commoditized and outsourced to somewhere for 1/10th of the cost.

But at the other end, think the person in charge of when Google search goes down in Europe. Or when Azure crashes for Disney. Or when AWS goes down for Netflix. How much do you think the people who are experts there get paid? I know two people who make 7 figures doing jobs like that. They are linchpins.

Thanks! Installed. 6 friends?? You must be an extrovert.

Touché

What’s an example of a hard problem you recently gave up on?

Ya, I see what you mean. Countries like South Korea and studies from Wuhan seem to indicate there is real value to doing contact tracing though, even without an app. Check this one out from the essay: https://science.sciencemag.org/content/early/2020/04/09/scie...

And Google “Patient 31 South Korea” to get a nice visual of the problem