That would be high for London for a middle-tier engineer! Although London is just as expensive as SF in terms of living expenses, we tend to be significantly underpayed by comparison IMO. "Market forces" etc.
Do you have direct experience or knowledge of this? Cause this doesn't square with my anecdotal knowledge or my sense of the bay area labor market. For instance levels.fyi quotes total comp for mid level engineers in the 250 range, which tails much closer to Google, Facebook, etc.
Yes I do. I know someone that got this offer and recently joined. I helped them negotiate and pick offers. This was a staff engineer but the person had only 6 years of experience.
Staff (l7) is no where near middle engineer. L6 is senior, l5 is engineer and l4 is entry level. L6 is also split into two bands 6a and 6b. As a 6a my total comp is around 240 and on par with my coworkers. The l5s were closer to 200. L5 is a middle engineering level.
* 225k vests in the first year? 900k over 4 years?
* What's an RSU guarantee? Does it convert to cash if some price is not met by the time it vests? I couldn't find anything on Google about this, but I am probably looking in the wrong place
Uber's cash-based compensation hasn't been that high, has it? A friend of mine who was making $150k base at a public company was offered $115k and purported stock of $500k. He needed the cash so he didn't take that offer. This was back in 2016. Things might have changed since then.
Slack's operating loss send easier to recover from. Uber will have to cut costs massively to come closer to profitability. The drop in stock is before the lock in period had expired. Expect it to drop further after October when all the employees dump their stock.
I'd be interested to know how much of those costs are due to driver incentives and other costs related to expansion into new geographic regions vs. costs for established regions.
It could be that cutting costs is as simple as slowing down or pausing the expansion.
Both of your points are likely true. Slack probably could become profitable on a near-term basis, but that is not what investors are paying for. I believe Slack is trading around 30x revenue, so the market is expecting continued growth. At the same time, I believe it also has an eight year burn rate at current operating losses and cash on hand so it has a lot of time before it needs to cut expenses. I don't really like how this article fixating on quarterly operating earnings as a proxy for how the Vision Fund is performing while ignoring the investment cost basis.
I think his point is that if they could be profitable by not expanding right now, then it's plausible they could expand to takeover the world and once they have the world and no more expansion is needed they'd be profitable.
Not to replace courts but to understand legal agreements better. If you could express it as an algorithm, perhaps, you could rewrite in simpler english or answer questions about it?
You'd still run into the halting problem. And you'd have lawyers wanting to write legal agreements that run into that, so that nobody can determine what they really mean, so that nobody can prove what a scam they are.
This post is equivalent to that famous comment on Dropbox about running a fileserver yourself. It's a waste of time and I can't believe it's being upvoted on HN.
I would like to have a browser extension that filters all the comments referencing the HN Dropbox meme. It stopped being funny after the 100,000th time.
OmniSci transparently caches data across the memory of the CPUs and GPUs on a server, so after the initial read, it is likely that the data for subsequent queries will be in memory.
We've also optimized our storage formats and multithreaded our disk reads, such that we can easily hit many gigabytes per second on flash storage. Plus, new persistent memory technologies like Intel Optane will enable even more instant reads from "cold" storage.
