It's a thing, trust me, and works a lot better than you assumed above. You absolutely don't need an article in the NY Times to initiate an FAA audit.
2,403 karma · joined March 13, 2011
It's a thing, trust me, and works a lot better than you assumed above. You absolutely don't need an article in the NY Times to initiate an FAA audit.
Agree, great guy, putting his ethics ahead of his career
> but he went around giving interviews about them
Hmmm, gets a bit murky here. If he wanted to save lives, there's a very clear path to alerting the FAA. But he didn't do that. This sounds a bit more like he was trying to save his career. Which brings in question why he quit in the first place, and how voluntary that was to begin with.
The first wave of people you hire are very strong in certain areas (eg: pain tolerance, imagination), and very weak in others (organization, social skills). It turns out that in the first year, the pain tolerance is a lot more important than organizational skills, and that first wave of people didn't care about certain things, like an employee handbook, performance reviews, etc - all they wanted to do is get shit done. Eventually, things flip, and suddenly we find ourselves spending an entire week doing 360 reviews and similar work. The new people who join the company notice that the 360 reviews are not sufficiently streamlined, and they bring this to the attention of the newly hired chief people officer. That person takes a look at the problem and fixes it. At that point, the story should be delivered as follows: "the company decided that it was the right time to invest in this process, and this is how we did it." That sounds a lot different than "it was a mess and I fixed it."
How many times have we read an article that goes like this: "when I started at X, everything was a mess. I quickly turned things around by doing Y." Well the CEO who hired you at that company now looks like an idiot, and their board of directors is quickly taking notes. You took credit by making someone else look bad. Was that really necessary to get to the point you're trying to convey?
The reality is that the CEO built something out of nothing, and prioritized certain tasks (eg: PMF) while deprioritizing others (eg: the company's expense policy). Eventually there was enough money in the bank for the company to afford a $300k/year hire, who then paid back the administrative debt. How you paid back that debt is orders of magnitude less heroic than how the CEO got to the position of being able to afford your salary in the first place.
I really wonder if all those later-stage senior leaders could be that tone-deaf, or if they are throwing their CEOs under the bus on purpose.
- vacations
- cars
- all online purchases
- most hobbies
- etc...
When I moved to NY, I expected that my (much higher than before) salary would barely allow me to buy a car. Instead, I ended up with the best car I had ever owned up to that point, and went on craziest vacations. I also lived in the shittiest place ever before and after.
I think we all know why the 55+ year olds are seeing a dip - they have an exponentially higher chance of dying of Covid. A bit weird for such an obvious fact to not have been verbalized in the article. If anything, the graph above actually contradicts the title of the article - from what I can tell, all other age groups seem way more employed than I would have expected given the logistical and health concerns that the pandemic threw at us.
The author rushes to conclusion that the labor shortage is in the worker cohort that has the financial freedom to take a pay cut. It would have been nice to back that up with some data, especially since he did back up other parts of his essay - it's just that the conclusion comes out of the blue and with no supporting evidence.
[0] https://medium.com/@BoundeHQ/what-is-the-trough-of-sorrow-an...
There are some hilarious misconceptions that members of those factions have about their own ideologies. Far-left is against the police brutality, but there is a 100 year history of perfect correlation between leftist regimes and policy brutality.
Far-right is against government interventions in all economic matters, but that also has never materialized anywhere else.
The bottom line is that anything that's far-something requires suppression of the society's natural tendency to return to the center.
By 1961, it was definitely unfair to continue using the term in its original meaning, and at this point it was certainly the Russian government pushing their agenda a lot more strongly than the general population would have on its own. But it's not like everyone was strictly opposed to it either - the horrors of the war had created in Eastern Europe such deep resentment towards Germany that it would take a lot more than 16 years to get over that. In fact, my grandpa lived until the 90s and still called every German a fascist.
From the governments' perspective, it makes perfect sense to do everything they can to turn their countries into the next Silicon Valley. Same with the VCs - there's a lot of money to be made with the local talent that for whatever reason chooses to work in a geo with less attractive valuations and less favorable terms for the same quality of work.
But from the entrepreneurs' perspective, it really does matter if your local VC can get away with shenanigans because they are a big fish in a small pond [0].
[0] In this context, small pond is not a measure of the size of the city or its population, but instead a measure of the opportunity cost. If a NY VC screws over a NY entrepreneur and that entrepreneur somehow gets a big enough megaphone to ruin that VC's reputation, the VC in question would simply just focus on one of the many other sectors of finance that exist in NY (eg: private equity, investment banking, etc). If the same thing happened in the SF Bay Area, that VC would have to relocate their family to a different city in order to have a hope of a career in something related to finance. I am exaggerating a little bit, but not much. That power dynamic is very evident in interactions with VCs in the SF Bay Area.
I have worked in tech in NY, SF Bay Area, and LA. While all three geos were perfectly suitable for launching and running a startup, nothing comes even close to the experience of working in the SF Bay Area. There are many facets to this, but here's a very simple litmus test: take a meeting with a local VC and benchmark their behavior and expectations.
> The China thing is touchy but I want the west to beat them by being better, not by being dismissive and protectionist.
You got used to the idea that the US has the ability to be better at anything we set our mind to. For our sake, I really hope that truism to continue to be true for a long time. But unless you believe in American Exceptionalism, there are no reasons why that should be guaranteed - or even likely. China is more supportive of growth-at-all-costs, their population is willing to work harder, and the idea that Americans are more innovative hasn't been true for quite a while - look at Nio, Xiaomi, Huawei, ByteDance, and countless other examples. A lot of cutting edge stuff is coming out of China these days, with the trend only accelerating.
We might even start longing for days when we used to have a strong domestic competitor in the social media space. The same thing happened in Germany - back in 2008 when Facebook was tiny on a global scale, there was a German €100m company called StudiVZ that dominated the social networking in Germany, Austria, and Switzerland with about 10m active users. I don't have to tell you how that story ended - the company is no more and all those users are on FB/IG now. Germany and Austria also happen to now be the ground zero of the global Facebook hatred [1], and I bet you they wish they had shown their domestic company a bit more love back when this would have made a difference.
[1] https://www.ft.com/content/86d1ce50-3799-11e8-8eee-e06bde01c...
1. The police don't know and don't care. No surprise there.
2. The police do know (holy shit!) and also are directly involved in a criminal operation (holy double shit!).