cyan_atrus

the good news is, 500k is indeed a floor for a lot of FAANG roles (when you factor in equity comp)

i think you're saying this, but just to clarify:

RSUs (even facebook-style) are definitely taxable. With options, you're in control of when to take the tax hit. With facebook-style RSUs, the tax hit comes when the stock gets distributed (taxed as ordinary income) -- usually in the form of withholding some amount of shares.

---

Important to remember with RSUs in pre-IPO companies: even though you might get shares distributed at IPO, you're usually subject to a lock up. This is unfortunate because if you receive stock at IPO, you have to pay taxes at them -- so if your company IPOs at $50, then drops to $20 when the lockup expires, you have to pay taxes on the shares you received at $50 value even though you couldn't sell shares at that value.

not that it necessarily changes your argument, but the signup bonuses that uber / lyft offer are significantly higher than $5 (closer to $1k), and are structured in such a way to ensure you're not dual-apping.

"A different model of what they are doing is using their massive revenue growth (not profit) to raise money to fund a search for real pricing power with food delivery, shared bikes, and Uber freight."

I suspect this isn't far from the truth.

Common Networks | San Francisco | Full-Time, Onsite | https://common.net

Common Networks was founded on the idea that everyone should have a choice for fast, affordable access to broadband internet. Right now, most homes in the U.S. don't. In fact 62% of homes live in a monopoly broadband market. High-speed access unlocks all the superpowers on the internet. When it works, it can be a great leveling force across the world, giving everyone access to educational tools, entertainment, immediate translations, or even medical care that they wouldn’t otherwise have.

Common Networks provides suburban neighborhoods with internet using wireless technology. We interconnect homes in a neighborhood, creating a mesh network between homes and our fiber internet sources. A whole community can then have fast and reliable internet service with only a few locations needing fiber access.

Series-B Company, with $35M total funding lead by General Catalyst and Eclipse.

Our open roles:

- Senior Electrical Engineer: https://jobs.lever.co/common-networks/b64b2fd4-40a3-4b6f-87d...

- Senior Software Engineer: https://jobs.lever.co/common-networks/7cf3ebc4-a0a7-4c43-a0f...

- Staff Software Engineer: https://jobs.lever.co/common-networks/6518e4b7-7bed-4811-869...

- Systems Engineer: https://jobs.lever.co/common-networks/5014c630-77e1-4265-980...

- Lead Data Scientist: https://jobs.lever.co/common-networks/ccaaaa73-397a-438f-96d...

- Product Manager: https://jobs.lever.co/common-networks/bd388de5-4530-4b5c-bb2...

Thanks aaron!

San Francisco / Bay Area:

We're hiring UX Designers and Engineers at Common Networks (building a better ISP).

https://common.net | https://jobs.lever.co/common-networks

Feel free to reach out to ralston [at] common [dot] net

this is a really cool comment -- thank you! -- do you have any more reading you can link to?

what's the novel?

spoken like someone who hasn't used the product. snapchat's ads fit the format amazingly well, and now that snapchat is also paying for content directly everyone's incentives are aligned to make a deeply engaging product that monetizes well without alienating users.

Ah, interesting, hadn't heard that -- is it the same as https://austinstartups.com/rideaustin-turns-tnc-lemons-into-... ?

you're betting that a facebook group is a scalable solution?

arcade city is a great example of unintended consequences -- instead of safer rides, austin's regulations led to consumers choosing a much riskier ridesharing option (no GPS tracking, no recourse when something goes wrong, no background checks at all, etc)

http://www.bizjournals.com/austin/news/2016/06/21/austin-cra...

http://countercurrentnews.com/2016/06/dwi-arrests-skyrocket-...

In my experience (SF) it's the opposite -- drivers like that Uber gives them more dispatches

Certainly matching you with a commuter going in the same direction is a service worth paying for?

Plus integrating payments, trust, safety, and all the other things you get with the uber app.

certain powers of unions are protected by the government -- i.e., by default you can't band together with a bunch of people and set a minimum wage you'll all work for (that's price fixing).

i think you might be misunderstanding the point of managers..

I've had the same anecdotal experience with a coworker. Brilliant engineer and amazing mind for engineering -- but not reliable in the slightest with a terrible work ethic.

it's a kid fresh out of college, though -- how is he supposed to know any better? working for a name brand makes the decision a safer decision; i'd put the onus on those advising him to point out why that's not the best metric for making this decision.

the difference is delivery times though -- uberEATS / caviar fastbite and friends deliver in < 10 minutes

maybe instead ask "how do you like being considered a contractor and setting your own hours vs full time with health benefits"?

Square's POS is also free

while you're waiting, you can remap the caps lock key to ctrl (type cmd-space, then "caps lock" and open the Keyboard preferences item that comes up).