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throwaway4job

97 karma · joined October 2, 2016

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throwaway4job··on The U.S. Yield Curve Has Inverted
Not quite that.

Bond prices go down when interest rates go up. As such, an investor who thinks that interest rates will go _up_ will reallocate from long-term bonds to short-term bonds, rather than the opposite as you stated.

throwaway4job··on Uber gets sued over alleged ‘Hell’ program to track Lyft drivers
I'll offer a good faith answer, even though I'm pretty sure you'll dismiss it as snarky condescension.

Point 1: Lyft's API comes with a contractual agreement regarding acceptable usage. Uber deliberately breached that agreement. This is a breach of property rights.

Point 2: They breached Lyft's property rights with the intent of stalking Lyft drivers, and of harming Lyft as an organization. This shows the breach of property rights was not neutral or positive, but rather was an activity meant to harm the property owner, and to reduce the competitive landscape.

Point 3: It was a clear violation of law. I include this last because law only loosely correlates with morality; however law draws the lines on the playing field and it is worth explicitly noting that Uber arranged for its employees to break federal law, repeatedly, for Uber's benefit.

If you don't think property rights are important, go talk with a Libertarian.

throwaway4job··on Uber finds one allegedly stolen Waymo file on an employee’s personal device
It's worth remembering a few other things:

1) If the suit is true, then it will almost certainly zero out the investors, and destroy the careers and fortunes of the executives.

2) Uber has a long history of keeping and promoting executives who lack integrity and show a willingness to break the law.

As such, it is reasonable to assume that Google is making a good faith effort to argue the strongest possible case on their side; and that Uber is likely to lie, cheat, and steal to make the strongest possible case on their side.

throwaway4job··on A Method I’ve Used to Eliminate Bad Tech Hires
This isn't a viable approach for much of the hiring pool, as a majority of working engineers have contracts which explicitly forbid work for contract for other employers.

As such, if you hire any of those, you're hiring somebody with a proven willingness to ignore their contract, which is a strong anti-pattern.

throwaway4job··on Never accept a counter-offer
Counterpoint, I accepted a counter offer two years ago. Since then, I have been promoted twice. I am now one of the highest-paid, and highest ranked individuals in my organization.

Additionally, I have been given many opportunities specifically designed to help me grow my career in the direction that I preferred. This has included everything from project assignment, to introductions to board members and VCs, to educational opportunities.

One must always be careful when considering a counter offer, however any blanket advice stating to never accept is going to be wrong, and harmful.