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22SAS

401 karma · joined April 26, 2022

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22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
There is nothing heartless about it, if the system doesn't work for people born in one particular country. I say this as an Indian H1B holder.

If anything, the US has given me opportunities that I wouldn't get in India. I work on a front office team at an HFT. In India, for front office roles, most of the HFT's don't hire anyone not from the IIT's. My resume would be thrown straight in the bin, if I were still in India. A while back, FAANG offices in India would only prefer hiring from the top tier Indian schools.

22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
I did, did you bother to read that the OP I responded to posted "Some countries won't let you become citizens unless it's by blood no matter how long you've lived there (Japan)"?

I was pointing out that Japan does let people become citizens after they've lived there for a period of time, the OP was suggesting the complete opposite. Renouncing previous nationalities is not the same as Japan not allowing people to become citizens, no matter how long they have lived there.

22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
Europe is seeing the "benefits" of this policy, Canada will soon be next. The "geniuses" supporting all this do not realize is that this is how you destroy the culture that your ancestors built, screw up social harmony among different groups, and how your fuel the rise of people joining alt-right movements.
22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
I am an Indian H1b holder. The system is not meant to be beneficial for a nationality or a group of nationalities. Indians very well know that the green card waiting times are super long, and yet they'll come here, give birth to kids, buy a house, etc. All on a temporary visa with a very, very long waiting period for their green card. Maybe don't try to set roots if you know that you will not get permanent residency?
22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
That and many a time the companies do the job postings on things like local newspapers, which no one reads. This way, the companies get to prove that they posted the job someplace, but no one responded to it. USCIS and the DOL don't care either, as everyone gets to show "see, we are following protocol".
22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
As a current H1B holder, I agree. I always say that visa workers may not realize it at first but the day they stand outside the consulate for their visa interview, they indirectly agree to whatever headaches come with being on an H1B (or any sort of work visa for that matter).
22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
Japan definitely does allow naturalization for non-Japanese, source: https://en.wikipedia.org/wiki/Japanese_nationality_law

Germany allows too since I have seen many, many first generation immigrants become German citizens.

22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
This is correct. Most European countries have much more stringent immigration policies. Switzerland is a great example, where the process is longer and also they checks to see whether an applicant has indeed assimilated well, are a lot better.

Western nations need to adopt more stringent immigration policies and also be much more rigorous in testing how well the applicants have assimilated. Most of the current 1st gen. immigrants hardly make any effort to assimilate.

22SAS··on H-1B visa holders scramble for jobs after 2022 tech layoffs
I am someone on an H1B visa myself. FAANG lobbies for things that make it easier for them to control H1B's in any way they can, while showing that they're all for a better experience for visa workers.

Few instances were FAANG lobbied against immigration proposals or supported proposals which would give them a bigger advantage:

1. The Republican sponsored immigration bill in 2007, proposed to let applicants be able to apply for green card themselves, and that corporations would not be permitted to apply for green cards for their visa workers. Big tech objected, with their real motive being that if visa workers didn't require them for filing their green card applications, then that way they couldn't keep these workers for long enough in the few years that it takes for them to finish the application part of the green card process and for the worker to get their green card.

Source: https://en.wikipedia.org/wiki/Comprehensive_Immigration_Refo...

2. The infamous S-386 bill, which proposed that the country of birth quota be not applied to employment-based green card applications. FAANG heavily lobbied for it, not because it would make things a lot easier for the tons of Indian H1B visa workers (who form 75% of the H1b workforce in the US).

A congressional study had proved that if this bill were to become law, then this would only provide temporary relief to the many, many Indians in the green card backlog. In less than a decade, Indians and all other nationalities would be back to waiting for green cards for a few decades; currently, non-Indian and non-Chinese applicants get their green cards within two years of starting the green card process. FAANG supported this bill, because if it were to become law then they'd be able to keep their visa workers around, irrespective of nationality, a lot longer than usual.

Source: https://crsreports.congress.gov/product/pdf/R/R46291

Pages 10 and 11 are of particular interest in the congressional study.

As an Indian H1B myself, S386 was a piece of shit proposal, which would only help Indians who applied for green cards between 2011 and 2017'ish (no wonder they were and still are the most vocal supporters of that bill). Everyone else would still have to keep waiting for a few years to decades, including the ROW categories that have no waiting period at all.

22SAS··on Tell HN: (weirdly, it works now) DuckDuckGo is blocked by Indian govt
Stuff like this makes me happy that I don't live there anymore and never won't :)
22SAS··on Inside boost::unordered_flat_map
Most production C++ codebases are very wary of using much boost. Two of the four places I worked at (wrote C++ at all of them), the use of boost was very minimal and only when absolutely needed. The first place where this was the rule, the only boost usage was boost.asio, at my current place boost.circular_buffer is the only thing we use.
22SAS··on Windows Subsystem For Linux a.k.a. WSL 1.0.0 released
I have heard of it but never used it. I'd try it out on my personal machines. Work machines are Windows thin clients, since IT doesn't want to support Macs and the Linux teams are absolutely only concerned with dev and prod Linux machines. Plus being in HFT, the machines are all tightly locked down, couldn't even install WSL and Windows Terminal on my own.
22SAS··on Windows Subsystem For Linux a.k.a. WSL 1.0.0 released
True true! I am stuck to Windows at work, while we SSH into development Linux machines. Windows terminal and WSL keep me from going insane. All I need to do is just F11 the terminal, make it fullscreen and forget ever that I am on Windows.

With Mac OS I still like the Mac terminal more than the Windows terminal and just SSH into Linux boxes.

Still, for me, nothing beats a Linux desktop with i3wm on it.

22SAS··on FTX’s balance sheet was bad
Most of JS's trading interns and new graduate hires, are STEM grads at HYPSM schools. SBF going to MIT gave him a big leg up.
22SAS··on FTX’s balance sheet was bad
I work in the trading industry. These people had short tenures at JS, especially Ellison. They weren't seasoned senior traders making big decisions. JS, unlike Alameda, has been in the business for 20+ years and have been very profitable for most of their existence.

It would be worrisome if most of Alameda was full of ex-JS traders, who had been there for 7+ years.

22SAS··on FTX tapped into customer accounts to fund risky bets, setting up its downfall
I work in the industry at a market-maker. Jane Street is a lot more than just these two people. Prop trading firms and some quantitative hedge funds are a lot different than traditional hedge funds. Jane Street is mainly an ETF market maker, and are very good in that. They make their money because some of their core strategies work very well.

Also, JS has low attrition and traders there mostly stay long-term since it's a very trader-first place than some other places like HRT, Jump. Both SBF and Ellison had short tenures at JS.

22SAS··on Meta lays off 11,000 people
They should blame Xi. All these economic decisions wouldn't have happened had there been no COVID. The Chinese government deliberately released this lab-made bioweapon/virus, to see how it would negatively impact most of the world. From economies struggling, to people getting polarized and more divided, and supply chains getting affected, their move has been a massive intelligence success for them.

If anything, the western world needs to take a lot of strict action against the Chinese and also the tons of CCP sympathizers in their countries.

22SAS··on Meta lays off 11,000 people
Trading firms are small companies, and most of us definitely pay that (sometimes a lot more) to new graduates.
22SAS··on Binance to acquire FTX
>“If we are the biggest exchange, [buying Goldman Sachs and CME] is not out of the question at all.”

JFC, what an arrogant twat!

22SAS··on The pool of talented C++ developers is running dry
At my shop, my boss makes 7 figures. Some of the other very senior engineers make those too. At HRT, Jump, it definitely happens more. Jane Street is not a C++ shop, they have devs making 7 figures too.
22SAS··on The pool of talented C++ developers is running dry
Most places need people who have production C++ experience. If someone is self-taught and hasn't done production-level C++, then some places are willing to train but don't expect to be hired in anything above a junior-level role.
22SAS··on The pool of talented C++ developers is running dry
Some HFT firms are starting to use Rust for new projects.
22SAS··on The pool of talented C++ developers is running dry
>2x the salary but 10x the stress with type A finance bros yelling at you constantly? Fuck that.

I am in that industry and this hardly happens. Probably at places like Citadel, not otherwise. In HFT's, traders are basically quantitative traders now. They do both strategy development and trading i.e they have a strong STEM background and are much different than finance bros at most traditional hedge funds.

22SAS··on The pool of talented C++ developers is running dry
That's another load of BS spread by people not in the industry. They equate HFT's and quantitative hedge funds the same as investment banks. At most HFT's, mine included, devs are mostly doing 40-45 hours a week. Some places like Citadel, Headlands, the work hours are terrible (still not IB level bad), but the rest of the places it varies between 40-50.
22SAS··on The pool of talented C++ developers is running dry
Banks in general pay a lot less for C++ devs than prop trading firms do.
22SAS··on The pool of talented C++ developers is running dry
No. I work in HFT and this happens in only two cases:

1. At top-tier firms like HRT, Citadel Securities, Jump, TGS, RenTech; there are a decent amount of C++ devs making 7-figures. In many cases, it may depend on how profitable their desk is.

2. At most other firms (mine included), only very senior devs are making 7-figures. These are people managing or overseeing many teams.

This BS that HFT C++ devs make craptons of money has been spread by tech bros and college kids, who have never worked in HFT.

22SAS··on Rewriting a high performance vector database in Rust
Glanced through the article, and I see no comparisons on how performance of the DB is in Rust versus their current C++ implementation, no mention of if maintaining the Rust code is easier than their C++ codebase, no stats on how devs are ramping up and how it's tackling their "hard to find a dev who knows both C++ and Python well" issue.
22SAS··on Intel and the $1.5T chip industry meltdown
If they agree to stay the fuck out of Japan and focus solely on Taiwan, NATO will stay put to avoid WW3. Plus, South Korea, Japan, have treaties with the US, which will lead the US to intervene if either of these countries gets attacked. China might not want to officially give NATO a reason to start WW3.
22SAS··on I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
I am moving to either London or Canada. Applying for express entry next year. If I can get my Canadian residency by 2024, then I'll move to Canada. Otherwise, apply for a transfer to the London office.

Sometime, in the future, if I can have $800K to spare, then will go for EB-5. Although, this may take about a decade.

22SAS··on How to succeed at Meta
>Blind self selects for people who want to brag about how much they're paid

Spot on! It's a race for them to keep moving up the TC ladder and then show off within their social circles. Their all now on to the new fad i.e working at HFT firms. I work at one and the questions I see on Blind, regarding HFT's, is a source of constant laughter for those of us in the industry.

Some great examples: "I have never written a line of production C++. If I do leetcode in C++ will that get me a job working on ultra low-latency systems?".

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