414 karma · joined May 11, 2017
Meanwhile, a reasonable complaint from staff could be seen as an uprising of the working class.
You can also think of it this way: when 15% of your staff leave, you at least don't have to pay them. You get a 100% discount on 15% of your old headcount. Maybe you take some of those savings to bribe other staff to pick up the slack before the replacements come in.
If 15% of your customers leave, that's just money gone and you're stuck holding the bag on everything from inventory to leases, to salaries, and your own idle time.
Seeing this is crazy.
As for diversity, it's a unique mix. Notable quantities of French, British, Americans, Indonesians, Filipinos, Thais, Indians, and locals. Indonesians and Filipinos are obviously insanely marginalized, as domestic helpers, but they were cool to hang with on their 1 day off per week.
I've also rented a couple Lyft scooters out of convenience, as you said. They certainly feel worse, now that I'm spoiled, but the convenience of just dropping them off is a huge win.
Most people don't want to own. It's less useful for bar hopping and you're on the hook for maintenance/repairs/charging/storage. I'm more handy than the average person that rides these. The average person living in downtown Denver likely doesn't even own a set of tools.
A rental business is much more attractive to VCs, if they can make it profitable. Has a niche retailer has ever received VC attention? Honest question. That doesn't feel like it scales like nearly on demand rentals.
Until the CA pension goes bust due to VCs, I'm still OK with what they do.
How many products can you say that about?
There are only a few things nearly everyone wants: food, housing, transportation, utilities, sex, clothing, medical care, hair cuts, google search.
Nearly all of those require constant in person staff and/or have a ton of regulations. The exception here is Google, which is why they are killing it. Google search-and software in general-makes money while people sleep and doesn't require linear addition of staff to scale.
Other stuff that people buy: e.g. video games, movies, trinkets, rock climbing gym memberships come down to people's personal taste and they might even want some variety (e.g. making a sequel). Everyone wants transportation though and they're OK with the same thing every day, as long as it works.
This is a case where they are taking something with absurd demand and looking for the profit second.
As for the waste, it's not like Bird is funded by people's personal retirement accounts. Nobody invested is getting a fast one pulled on them. The money didn't vanish. The VC goal is to take a massively scalable idea and see if it is possible to find profit in it. This is clearly scalable, so they're testing it out and seeing if they can find a formula. For better or worse, VCs are members of society.
I could think of a few ways that this makes total sense.
$50 is $400 in an 8 hour day. There are places where $1000-1500 covers you for the month, even with non-local, white guy pricing.
My hourly comes out to "only" $20/hr more, but my apartment alone is likely a few hundred more than this guy's entire monthly expense profile.
He's going to get consistent work at this price point, so he won't have to hustle for contacts. That's more time billed or spent on the beach.
Stepping away from the economics and getting into comparison to Google/FB engineers, there are tons of people that could outproduce many Google engineers in a startup setting. They just aren't good at Leetcode problems or never took a shot at FB/Google. A lot of stuff just works as an engineer at Google that you don't get for free elsewhere. They're good at leveraging the output of some truly amazing engineers across their org. They're also generally overstaffed.
These people would never afford whatever becomes available in an open market anyways. Cut the prices a bit and it'll be me moving to LA and I can outbid anyone living in a car out of necessity.
So, we're left with trying to make constant concessions just because people were born here (well, maybe) or we can cut them loose until they move.
If I can grow up in the Midwest and move away from home (nearly all of my hometown friends too) to progress my career, people can pack it up to progress their lives. There was no government intervention to keep families and friends together in the Midwest. Probably because we weren't addicted to Ohio.
People born in LA that can't make it either squandered a huge head start being born and local to LA or their family screwed them by staying in a bad situation and should have moved decades ago. What is so sacred about being born there? Their local friends/family are letting them live out of a car or a tent. What love will be lost?
They can't afford to live where they were born. Deal with it. It's over. Grind out a year or two in the heartland and move back with a better job if you really miss it that much. I don't think that's too tough of a pill to swallow.
In LA, that is.
For the estimated $20-30 per night the article states this might cost, we could get these people into actual housing in the midwest.
Until they've tried that, I don't really care what problems people in LA have. These people are addicted to LA/California.
We're eventually going to get over trying to let everyone live in the most popular cities in California and we'll be better for it.
I'm talking about the sheer amount of software and people that support those efforts now, in addition to how much profit comes from it. Surely it has grown by more than say...5x.
Instead of getting a small slice of the pie, we get a small slice plus a few percentage points (that perhaps we should already get). That's huge for most people that aren't financially independent or even close to it.
Tech work is much more diversified now, right? Did capital one, starbucks, nordstrom, Walmart, Target, car makers and just about everyone have a sizable SWE team in 2001? They do now and a lot of those are probably in profit center roles.
That sets aside that big tech really got even more cemented into daily lives after both of those crashes. 2013 onward IMO. Just looks at how Tinder has changed relationships.
That said, I'm still proceeding with caution and don't have a self-assurance that I'm correct. I've set myself up to be able to peace out for a year in Vietnam or another cheap place if, somehow, the floor falls out.
Video recording law is probably the worst combination of misinformation and actually coming up in someone's life.
The kind of generalists we are talking about actually have the competency to at least make MVP quality work in a few areas.
> Passenger comfort is also taken into account.
That could mean just about anything, fwiw.
Pack a U-Haul and go.
You nearly cannot discuss housing costs in Florida or Indiana on the internet without someone from SF feeling the urgent need to say "lol that would get me a cardboard box where I live".
Why they feel the need? I don't know.