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z2600

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I'm a Star Wars collector and parent who shops at TRU. Beyond debt, the stores are mismanaged the same as most other old-school retailers that are having problems.

For the last Force Friday (the day all the stores get new Star Wars toys and people go out at midnight to purchase), there were numerous reports of TRU's opening at midnight with almost zero new inventory. How does that happen, it's a planned date set months in advance. My TRU also has $200 items that have sat on the shelves for over 2 years.

There seems to be a trend among large employers to avoid full-time employment, either by keeping weekly hours below x or hiring contract workers.

We've seen since the last recession that top 2% have grown incomes while most others are stagnant, perhaps this is part of it.

Can't speak to the VC angle.

I think a lot of the Bay Area power comes from having so many tech folks in one place, which is hard for Canada to manage anywhere given population. In the Bay Area, you can go for a coffee or a beer and run into a bunch of tech folks and something may come out of that. There's no where in Canada where tech has the density to make that happen in a random way (maybe Ottawa or Waterloo back in the day).

Immigration can help, for sure bringing smart minds in is never a bad thing. I've only lived in Ottawa and Toronto, I think creating the critical mass of tech folks is difficult in those cities which have other more dominant industries (government and financial/cpg respectively).

Agree that past success fuels the mentality that builds the future.

No one is making a living off the bonus system, so it's unlikely to actually motivate what task you work on.

Votes are also private, including how many votes something has received (except to the person being rewarded). I really haven't noticed any gaming of the system.

The biggest part of the reward is recognition. The money is nice, but as I said, no one is retiring based on it.

Shopify employee here - Unicorn makes accomplishments highly visible to both your boss and colleagues. The bonus is that if you do something for a colleague, your boss will find out via Unicorn rather than you having to say anything.