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throwaway082729

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Uber's cash-based compensation hasn't been that high, has it? A friend of mine who was making $150k base at a public company was offered $115k and purported stock of $500k. He needed the cash so he didn't take that offer. This was back in 2016. Things might have changed since then.

Slack's operating loss send easier to recover from. Uber will have to cut costs massively to come closer to profitability. The drop in stock is before the lock in period had expired. Expect it to drop further after October when all the employees dump their stock.

The Cloud 7 years ago

This post is equivalent to that famous comment on Dropbox about running a fileserver yourself. It's a waste of time and I can't believe it's being upvoted on HN.

Math is a subject that you don't understand why you need it till you see real-world applications for it, especially higher-level math. Rather than teaching math in a way where you solve equations, students need to be taught to 'think' mathematically, similar to mental models. In fact, a good number of mental models have a strong grounding in mathematics. Seeing the world as a set of mathematical problems gives you a leg up on a number of things.

Uber Lays Off 400 7 years ago

Engineering will be next. Expect this from more companies in the valley as the reality of being a public company looms on the newly public companies.

Completely concur with this. After 10+ years in engineering management, rising through the ranks, I'm at a stage where I don't want to solve people problems anymore. I want to get back to coding or solve problems as an IC. Most companies will need only a handful of VPs, Directors and Managers but almost all companies will need software engineers. As a manager, one has to sacrifice becoming technical and competitive in the market or be the best in their field. Even if they are a really good manager, different companies have different expectations of their managers. Google might want pure people managers whereas LinkedIn might want managers that write code 60% of the code. It's just not worth it though some perks are really nice.

In the Bay Area where opportunities abound and switching jobs is easy, companies need a way to brainwash you and help you settle into a nice cocoon so that employees don't consider leaving. If it feels like a job, any job is fine. If it feels like home or like a family, you wouldn't want to leave, would you? Companies without a strong culture or with a traditional culture experience a high rate of attrition at the hint of the slightest bad news.

There's nothing worth watching in Netflix now. I find myself spending more time on Prime Video where I can find richer content through Prime movies and subscription channels like HBO, Starz and PBS (for British murder mystery shows). Moreover, Netflix is getting its recommendations for me completely wrong. Without user reviews, I've no idea if the content is good. I'm not going to waste my time watching some random show if I find that it's crappy 2 episodes in. Prime on the other hand shows me IMDB ratings (which are good enough) along with user ratings.

I've been here for 17+ years, earn $650k/yr and I'm still in the same boat. I'm at the mercy of the govt. if I want to change jobs. Moreover, I need to restart the labor certification process and reapply for my green card though I get to keep the same priority date. There's no end in sight i.e. I cannot predict when I'll get my green card due to the per-country cap and backlog. Worse, I cannot quit and take time off even for a day.