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You don't get a transcript to check grades, you get it as supporting material for a degree claim. It's not at all unusual as part of a background check to establish diligence, especially around the sort of hire you mention in your earnings call. Similarly, I've had to produce records of employment for past employers when my work there had been widely reported in the press. It's not a big deal, and it's not casting aspersions. I can't imagine it having bothered Vint at all, he is one of the chillest guys I've ever worked with.
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Mar 18, 2016 04:18
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Subjunctive posted:You don't get a transcript to check grades, you get it as supporting material for a degree claim. It's not at all unusual as part of a background check to establish diligence, especially around the sort of hire you mention in your earnings call. Similarly, I've had to produce records of employment for past employers when my work there had been widely reported in the press. It's not a big deal, and it's not casting aspersions. Is there anything you don't like about working at Google?
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Mar 18, 2016 04:36
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Absurd Alhazred posted:Is there anything you don't like about working at Google? I've never worked at Google.
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Mar 18, 2016 04:43
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Subjunctive worked/works at Oculus/Facebook.Absurd Alhazred posted:Is there anything you don't like about working at Google?
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Mar 18, 2016 07:13
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Did we already mention LivingSocial laying off half its staff? http://recode.net/2016/03/16/livingsocial-is-laying-off-more-than-50-percent-of-its-staff/ quote:LivingSocial is laying off around 280 employees in the latest move aimed at trying to stanch the bleeding at the one-time e-commerce darling and Groupon foe.
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Mar 18, 2016 07:29
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Subjunctive posted:You don't get a transcript to check grades, you get it as supporting material for a degree claim. It's not at all unusual as part of a background check to establish diligence, especially around the sort of hire you mention in your earnings call. Similarly, I've had to produce records of employment for past employers when my work there had been widely reported in the press. It's not a big deal, and it's not casting aspersions. "Hey, brilliant guy who worked with DARPA to create the internet, did you really graduate from college? This is important to us because we are loving stupid."
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Mar 18, 2016 15:27
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Sorry, I really didn't mean to derail into hiring practice. It's bad and dumb and purposefully designed to skew towards recent grads and everyone knows it. Then you add in the emphasis on places and not skills(which are getting so individualized by company you have to train them) and it's just comical. I didn't think it was quite make Vint Cerf submit his undergrad transcripts comical, but here we are. Anyway, are we all presuming an ad revenue crash, collective capital clenching, plus an apocalyptic collapse of B2B services?
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Mar 18, 2016 16:19
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Buffer posted:Sorry, I really didn't mean to derail into hiring practice. It's bad and dumb and purposefully designed to skew towards recent grads and everyone knows it. Then you add in the emphasis on places and not skills(which are getting so individualized by company you have to train them) and it's just comical. I didn't think it was quite make Vint Cerf submit his undergrad transcripts comical, but here we are. I like "collective capital clenching". Add in an apocalyptic collapse of many players in the "disruptive economy" market. Uber and AirBNB, probably not, but a lot of also-rans, especially in the food-delivery market.
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Mar 18, 2016 16:25
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DrNutt posted:"Hey, brilliant guy who worked with DARPA to create the internet, did you really graduate from college? This is important to us because we are loving stupid." You just do it for everyone senior, otherwise how do you decide who to do it for? "*You* we don't trust enough, cough it up." Keep in mind that Yahoo had a CEO, who was previously CTO at I believe PayPal, who lied about his undergrad. It's just paperwork, you tell a 3rd party firm to do the check and they run the checklist, you file the paperwork away. It's annoying sometimes, but if it had mattered to Vint he could have avoided it too, I'm pretty sure. (You just decline to provide it, they put "could not verify", and then kick it back to HR to decide if they still want the hire.) It has nothing to do with arrogance.
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Mar 18, 2016 16:49
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Subjunctive posted:I've never worked at Google. Cicero posted:Subjunctive worked/works at Oculus/Facebook. Sorry about that!  quote:The recruiting process takes too long, it's depressing to see your friends/former colleagues apply and then almost always get rejected, the promo process is stressful and time-consuming, and having the largest office be in the bay area is bad for one's wallet. That sucks. 
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Mar 18, 2016 17:28
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Absurd Alhazred posted:Sorry about that! That's cool, I'm not offended. I advocate for my actual employer's practices sometimes too (though there are definitely things that I don't like about working here).
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Mar 18, 2016 18:30
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Subjunctive posted:Yes, "taskers" set their own rates and provide their own equipment. So taskrabbit (which I've never heard of) is basically an app based yellowpages then, or seems like it. Buffer posted:Sorry, I really didn't mean to derail into hiring practice. It's bad and dumb and purposefully designed to skew towards recent grads and everyone knows it. Then you add in the emphasis on places and not skills(which are getting so individualized by company you have to train them) and it's just comical. I didn't think it was quite make Vint Cerf submit his undergrad transcripts comical, but here we are. Based on IBM's current revenue issues I'd say the B2B crash has already started sbaldrick fucked around with this message at 19:57 on Mar 18, 2016 |
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Mar 18, 2016 19:54
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sbaldrick posted:So taskrabbit (which I've never heard of) is basically an app based yellowpages then, or seems like it. They provide ratings, search, criminal record check, insurance against damages, and handle payment I think. More than just a directory, certainly.
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Mar 18, 2016 19:59
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Subjunctive posted:They provide ratings, search, criminal record check, insurance against damages, and handle payment I think. More than just a directory, certainly. Still sounds like they're functionally very different from Uber, though. Uber's problem is that their drivers are effectively employees, and the broadest definition of independent contractor is that there's no employer-employee relationship at play. If Taskrabbit isn't trying to exert that kind of control over its users then it doesn't seem like they're in the same category as other gig economy companies that people complain about.
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Mar 18, 2016 20:28
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Paradoxish posted:Still sounds like they're functionally very different from Uber, though. Uber's problem is that their drivers are effectively employees, and the broadest definition of independent contractor is that there's no employer-employee relationship at play. If Taskrabbit isn't trying to exert that kind of control over its users then it doesn't seem like they're in the same category as other gig economy companies that people complain about. Yeah, I agree with that assessment.
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Mar 18, 2016 20:30
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Absurd Alhazred posted:That sucks.
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Mar 18, 2016 21:01
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Hog Obituary posted:Did we already mention LivingSocial laying off half its staff? They were always a total bubble company, the CEO's primary qualification was being Don Graham's son-in-law. Speaking of which, Bezos dumped hundreds of millions of Amazon's capital into LivingSocial a few years before buying the Washington Post from Don Graham...there has to be a story there somewhere.
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Mar 18, 2016 22:30
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Paradoxish posted:Still sounds like they're functionally very different from Uber, though. Uber's problem is that their drivers are effectively employees, and the broadest definition of independent contractor is that there's no employer-employee relationship at play. If Taskrabbit isn't trying to exert that kind of control over its users then it doesn't seem like they're in the same category as other gig economy companies that people complain about. sbaldrick posted:Based on IBM's current revenue issues I'd say the B2B crash has already started
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Mar 18, 2016 23:10
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sbaldrick posted:So taskrabbit (which I've never heard of) is basically an app based yellowpages then, or seems like it. I guess it depends on the business unit you're looking at. IBM is divesting a lot of service and trying to avoid low margin businesses. Their 'strategic imperatives' revenue is growing very fast.
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Mar 18, 2016 23:52
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The CEO of Theranos is supposed to be worth $3.6 billion. If the company goes bankrupt like we expect, will she basically only be worth the money she got in salary?
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Mar 19, 2016 00:02
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Josh Lyman posted:The CEO of Theranos is supposed to be worth $3.6 billion. If the company goes bankrupt like we expect, will she basically only be worth the money she got in salary? Depends on how much she was able and wanted to sell in funding rounds and the secondary market. I suspect that it's enough to live on for a fair while.
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Mar 19, 2016 00:15
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Subjunctive posted:Depends on how much she was able and wanted to sell in funding rounds and the secondary market. I suspect that it's enough to live on for a fair while. That's before the lawsuits, of course.
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Mar 19, 2016 00:17
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Arsenic Lupin posted:That's before the lawsuits, of course. Corporate veil is probably enough to keep her safe.
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Mar 19, 2016 00:18
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Subjunctive posted:Corporate veil is probably enough to keep her safe. Hogan pierced the corporate veil against Gawker.
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Mar 19, 2016 00:19
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ayn rand hand job posted:Hogan pierced the corporate veil against Gawker. What? The judgment was rendered against Gawker, not against Denton. That's exactly the corporate veil protecting him.
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Mar 19, 2016 00:20
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Subjunctive posted:What? The judgment was rendered against Gawker, not against Denton. That's exactly the corporate veil protecting him.
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Mar 19, 2016 00:30
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Arsenic Lupin posted:Whoa. First I'd heard that he'd won. We'll see how the appeals go. Back to Theranos: if half the allegations are true, the civil suits will be against Theranos, but the criminal prosecution for fraud could very well be against the CEO. Who is investigating that might bring charges? I haven't been following closely, but I didn't know that there were prosecutors involved.
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Mar 19, 2016 00:37
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Subjunctive posted:What? The judgment was rendered against Gawker, not against Denton. That's exactly the corporate veil protecting him. That was the report I had gotten from Bixenspan, who's been following this trial since Day 1. I'll see if he issued a correction.
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Mar 19, 2016 00:39
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ayn rand hand job posted:That was the report I had gotten from Bixenspan, who's been following this trial since Day 1. I'll see if he issued a correction. Yeah, I can't find the judgment proper online anywhere, but even Bixenspan is referring to Gawker owing the amount, not Denton (at least on Twitter). It would be worse for Hogan if the award were split, because there's no way that Denton can cough up as much privately. Interested to see what you find.
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Mar 19, 2016 00:47
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Subjunctive posted:Who is investigating that might bring charges? I haven't been following closely, but I didn't know that there were prosecutors involved. It's too early for prosecution, but the FDA is investigating complaints by former employees.
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Mar 19, 2016 01:31
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You guys know the head scientist at theranos killed himself a couple years ago right? Theranos is like the king of the poo poo pile of unicorns.
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Mar 19, 2016 01:34
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Arsenic Lupin posted:It's too early for prosecution, but the FDA is investigating complaints by former employees. Huh. FDA does criminal when they get upset enough. I bet there's an all-Theranos-all-the-time thread I should soak up.
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Mar 19, 2016 01:35
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Josh Lyman posted:The CEO of Theranos is supposed to be worth $3.6 billion. If the company goes bankrupt like we expect, will she basically only be worth the money she got in salary? I wonder if you can buy an insurance policy on your equity. You give somebody the rights to x amount in exchange for 20 years of cash flows.
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Mar 19, 2016 01:35
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Cultural Imperial posted:You guys know the head scientist at theranos killed himself a couple years ago right? 
Josh Lyman fucked around with this message at 01:38 on Mar 19, 2016 |
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Mar 19, 2016 01:36
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menino posted:I wonder if you can buy an insurance policy on your equity. You give somebody the rights to x amount in exchange for 20 years of cash flows. Sure, it's selling options with a payment plan basically.
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Mar 19, 2016 02:04
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Subjunctive posted:Yeah, I can't find the judgment proper online anywhere, but even Bixenspan is referring to Gawker owing the amount, not Denton (at least on Twitter). It would be worse for Hogan if the award were split, because there's no way that Denton can cough up as much privately. In siding with Hogan, whose real name is Terry Bollea, the court decided that he was performing a private act in the sex tape — and posting the video wasn’t protected by the First Amendment. The jury didn’t stop with the media company itself, as they also found Gawker founder Nick Denton and the ex-editor who posted the video, A.J. Daulerio, personally liable.
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Mar 19, 2016 04:20
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Hughlander posted:In siding with Hogan, whose real name is Terry Bollea, the court decided that he was performing a private act in the sex tape — and posting the video wasn’t protected by the First Amendment. 
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Mar 19, 2016 04:27
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Hughlander posted:In siding with Hogan, whose real name is Terry Bollea, the court decided that he was performing a private act in the sex tape — and posting the video wasn’t protected by the First Amendment.  We have a veil breach!
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Mar 19, 2016 04:27
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Subjunctive posted:Huh. FDA does criminal when they get upset enough. I bet there's an all-Theranos-all-the-time thread I should soak up. This is genuinely very difficult to get the FDA to do- they don't have the funds to pursue this kind of case often. That said, a big factor is probably the amount of media coverage Theranos got. Usually you'd have to intentionally kill multiple people with your product to get to criminal with FDA.
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Mar 19, 2016 05:19
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Discendo Vox posted:This is genuinely very difficult to get the FDA to do- they don't have the funds to pursue this kind of case often. That said, a big factor is probably the amount of media coverage Theranos got. Usually you'd have to intentionally kill multiple people with your product to get to criminal with FDA. What are the odds the SEC takes an interest if it looks as if the CEO should have known that the thing didn't work when she was selling it to investors?
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Mar 19, 2016 06:23
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