At a certain level promotion is not about just doing something well. Funnily enough, his plans now are to go do other things (presumably well) without a particular sense of direction and hope that it works out.
154 karma · joined March 21, 2012
At a certain level promotion is not about just doing something well. Funnily enough, his plans now are to go do other things (presumably well) without a particular sense of direction and hope that it works out.
But new immigrant salaries are as good as american salaries in terms of how much they can push prices up; so hiring H1-B is essentially similar to a pay cut for people (same $$, higher housing costs); following this pay cut some existing engineers will leave.
In the end you just end up with replacing some old engineers with new ones through a costly lengthy process.
This is the kind of absurd logical games one has to play in order to not acknowledge basic economics of supply and demand.
... at current salaries.
But he is the CEO of the company, and what the company does going forward does depend on him a lot.
I think this is the key difference between boycotting the browser and boycotting the language.
But if you're certain it will be $500 in three years, you need some serious risk aversion (~2500bps) to think it's not worth buying it now at $250.
In other words, by saying it will grow to $500 you're expressing your view on value; this value is higher than price, so stock is undervalued.
*correction: as explained elsewhere, this is potentially a misquote: https://news.ycombinator.com/item?id=7265916
And to take "some responsibility", he made it easier to push housing prices even higher by subsidizing already well-off employees?
Sounds about right.
The choice between no loans or bad loans is fallacious.
It's equivalent to saying Mac OS X is an excellent development environment for iOS apps.
What these examples demonstrate is not that C is "hard", but that it's powerful.
Well, that settles it then.
If only in the past we had examples of innovations that were previously considered impossible.