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I'm in healthcare and word from on high is "There are enough people to get the work done now, so get the work done!" Nevermind we've been doing 60-hour weeks for nearly a year and are in this pickle because people said we didn't need to hire more workers last year. It's just blind "a person can do x many work units per hour, therefore they should be able to do y many weekly, set expectations 10% higher to make sure they're working. Alright, what's for lunch?"
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May 31, 2016 20:53
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ToxicSlurpee posted:Housing pricing is just hosed in general in North America as a whole. That doesn't really surprise me. Which makes me very sad. I don't know if I buy that. It's definitely true in a handful of very metropolitan areas, but there are a lot of nice midsize cities where you can get single family homes in what I'd call desirable areas for 200k. My parents live in a quiet but increasingly suburban area outside of Rochester, NY and their 3 bedroom / 2 bath house on two acres is worth about 175. If you want to be in NYC, DC, SF and some other places like that, yes, it's practically unaffordable if you don't make 200k a year.
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May 31, 2016 21:26
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Tim Raines IRL posted:I don't know if I buy that. It's definitely true in a handful of very metropolitan areas, but there are a lot of nice midsize cities where you can get single family homes in what I'd call desirable areas for 200k. My parents live in a quiet but increasingly suburban area outside of Rochester, NY and their 3 bedroom / 2 bath house on two acres is worth about 175. I live in Charlotte, NC which is becoming a nice tech/software hub (due to the banking and healthcare industries). I just bought a 4br 3000sqft house 30 minutes from work for $196k; at first my wife and I were worried about being in the sticks but we found out that we're close to everything we could ever want except a Publix (I'm going to miss bringing home Pubsubs for dinner). People think you have to be in Silicon Valley or NYC to live a good life as a tech-bro, but the well-known software hubs are basically unlivable.
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May 31, 2016 21:55
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I know we generally talk about unicorns here but what happens when unicorns cross into real business. Do you know Walmart has an internal facebook where it seems Supervisors and above have to say nice things about each other and cheer each other on. This board is also only seen by the area Supervisors and above but it's unicorn stuff for a business whose individual units outprofit pretty much any unicorn in existence.
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May 31, 2016 22:41
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anonumos posted:I live in Charlotte, NC which is becoming a nice tech/software hub (due to the banking and healthcare industries). I just bought a 4br 3000sqft house 30 minutes from work for $196k; at first my wife and I were worried about being in the sticks but we found out that we're close to everything we could ever want except a Publix (I'm going to miss bringing home Pubsubs for dinner).
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May 31, 2016 23:02
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ToxicSlurpee posted:The issue is that you always have that one manager or executive that starts thinking "wait, hey we can have people work 90 hour weeks from time to time? Why don't we do that all the time?" Serious question, have you ever worked at a reasonably well-regarded software company or are you just trying to cobble together how things are based on things you've read/your guess of how the world works? In general it kind of sucks to work as a developer at a company where software isn't the main product (profit generator versus cost center), but most competent software developers at good companies have things pretty good these days. ToxicSlurpee posted:Housing pricing is just hosed in general in North America as a whole. That doesn't really surprise me. Which makes me very sad. Yeah, the least affordable market in North America (relative to local incomes) is not really reflective of North America as a whole. blah_blah fucked around with this message at 23:10 on May 31, 2016 |
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May 31, 2016 23:07
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sbaldrick posted:Do not move to Vancouver unless you want to enjoy the worlds most rear end-rapey overpriced housing market. 1.7M CAD is a bit less than 1.2 M EUR, and 1750 sqft is about 160 m². That's about 975 CAD per sqft or 7 500 EUR per m². You have an actual house and some land, so if you want to change things, it's pretty feasable. http://www.explorimmo.com/annonce-7040370.html 170 k EUR is a bit more than 240 CAD, and 6,72 m² is about 70 sqft. That's about 3 250 CAD per sqft or 25 000 EUR per m². It's on the last floor (probably 6th) without a lift, you don't have a kitchen, but you've got a nice view of Paris and you're in the centre of the city. (Not turning this into a "my housing market is worse than yours" thread, but there are plenty of overpriced housing markets.)
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May 31, 2016 23:42
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ToxicSlurpee posted:The issue is that you always have that one manager or executive that starts thinking "wait, hey we can have people work 90 hour weeks from time to time? Why don't we do that all the time?" This is just a general failing of management in general. Mill operators don't want to work 70 weeks for months on end either, who would have thought?
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Jun 1, 2016 00:40
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sbaldrick posted:I know we generally talk about unicorns here but what happens when unicorns cross into real business. Did a bunch of idiots from Sears move into positions at Wal-Mart? Because this is poo poo that happened at Sears. Their Randroid CEO even had sockpuppet accounts where he'd do poo poo like argue with cashiers.
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Jun 1, 2016 05:18
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In the ongoing fun of Theranos' Elizabeth Holmes...quote:Last year, Elizabeth Holmes topped the FORBES list of America’s Richest Self-Made Women with a net worth of $4.5 billion. Today, FORBES is lowering our estimate of her net worth to nothing. Theranos had no comment.
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Jun 1, 2016 17:30
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Liquid Communism posted:In the ongoing fun of Theranos' Elizabeth Holmes...  Absolutely no self-reflection on their part in promoting this nonsense. "Oh, well, we valued her in a certain way because of this indirect process and now this indirect process says bad stuff so we're updating, oh by the way the investments were hella dirty, probably should have mentioned that before putting her on our list last time. We are a respectable magazine."
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Jun 1, 2016 19:00
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Absurd Alhazred posted:oh by the way the investments were hella dirty Tell me more, I like dirty term sheet stories. What was up with Theranos' sheets?
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Jun 1, 2016 21:58
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Subjunctive posted:Tell me more, I like dirty term sheet stories. What was up with Theranos' sheets?
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Jun 1, 2016 22:18
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Gail Wynand posted:Her stock was common and all the investor's was preferred, so if the company takes a writedown or goes bust she doesn't even get the table scraps, sucks for her! I don't think liquidation preferences are really evidence of a dirty term sheet. You'd be hard pressed to find a sheet without them over the last 20 years.
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Jun 1, 2016 22:26
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eschaton posted:Did a bunch of idiots from Sears move into positions at Wal-Mart? Because this is poo poo that happened at Sears. Their Randroid CEO even had sockpuppet accounts where he'd do poo poo like argue with cashiers. While I had heard about the Sears one I had no idea Wal-Mart had one. I had to verify it was a family member that manages one. They may also be required to check the message board during downtime in order to pump each other up but that I haven't be able to verify. Wal-mart has always been super Randish but this explains some of the stupid poo poo they have done recently. Liquid Communism posted:In the ongoing fun of Theranos' Elizabeth Holmes... I honestly would love to see the value of some stocks on the private market right now with venture capitals and things bailing out.
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Jun 1, 2016 22:33
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To be honest I doubt that even 25% of people in this thread understand what a dirty term sheet is. I'm pretty sure Absurd Alhazred doesn't.
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Jun 1, 2016 22:35
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Subjunctive posted:I don't think liquidation preferences are really evidence of a dirty term sheet. You'd be hard pressed to find a sheet without them over the last 20 years.
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Jun 1, 2016 22:36
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Uber just got $3.5 billion from Saudi Arabia's public investment fund, which makes them the company's largest investor now http://www.nytimes.com/2016/06/02/t...v=top-news&_r=0
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Jun 1, 2016 22:58
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FlamingLiberal posted:Uber just got $3.5 billion from Saudi Arabia's public investment fund, which makes them the company's largest investor now That is a horrible investment for that Saudi's who need a company that will create real capital.
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Jun 1, 2016 23:01
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sbaldrick posted:I know we generally talk about unicorns here but what happens when unicorns cross into real business. Home Depot has something similar.
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Jun 1, 2016 23:13
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If the company is worth 800 million right now of which 724 million were raised by preferred shares, I'm not entirely sure how that'd leave Holmes with almost nothing after liquidation.
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Jun 1, 2016 23:14
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The new iteration of our MRP solution has a Facebook like social feature where you can like, I dunno post stuff that's linked from your databases into your project group or whatever. It's supposed to be integrated into how tasks are assigned to employees too but we have no plans to use it so I have no idea how effective it will actually be for companies large enough to use it properly. I can see it being useful but if it's used to enforce a weird corporate culture like Wal Mart it becomes creepy and if you don't get buy in from your employees then it's useless.
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Jun 1, 2016 23:25
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Aliquid posted:what's weird about my degree is that i'm about to graduate with a focus in ethics and all my classes have hammered home empathy nonstop There's an extreme lag between something being taught in schools and it being implemented in reality. Remember the people who came in during the "snort cocaine and cut costs" era are now the executives with 30+ years experience.
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Jun 1, 2016 23:30
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Gail Wynand posted:The founder having no preferred stock at all is unusual, you have to admit. I guess we don't know if she had some and cashed it out, though. It isn't unusual at all. Randler posted:If the company is worth 800 million right now of which 724 million were raised by preferred shares, I'm not entirely sure how that'd leave Holmes with almost nothing after liquidation. There are plenty of ways this could be true - it just depends upon the terms of the preferred. mike- fucked around with this message at 23:35 on Jun 1, 2016 |
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Jun 1, 2016 23:31
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Internal social networking sites aren't unusual in any huge company these days. I work for a huge engineering (actual engineering, not software) consulting firm and we have one.
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Jun 1, 2016 23:38
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Gail Wynand posted:The founder having no preferred stock at all is unusual, you have to admit. I guess we don't know if she had some and cashed it out, though. It's not a sign of dirty terms, unless it's part of a broader set of funky liquidation terms. Investors having advantageous (even > 1x) liquidation terms over founders happens a lot. Why do you think it's unusual? We might be hearing about different deal-spaces.
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Jun 2, 2016 01:03
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It's only ever come into play for me with very early stage startups, I've been involved with two and the founder was always agitating for preferred stock. Don't claim to be an expert.
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Jun 2, 2016 01:33
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Wales Grey posted:Home Depot has something similar. It's essentially Salesforce's Chatter, no?
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Jun 2, 2016 01:35
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Absurd Alhazred posted:
And that poor Elizabeth Holmes, she won't have anything at all to fall back on. Except her trust fund, of course, but that barely merits mention. Doesn't everyone have one of those?
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Jun 2, 2016 01:43
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rscott posted:I can see it being useful but if it's used to enforce a weird corporate culture like Wal Mart it becomes creepy and if you don't get buy in from your employees then it's useless. Said BusinessWeek: quote:It quickly became clear that Eli Wexler was a little too engaged on Pebble. He left critical comments on other people’s posts, according to more than 20 former employees; he even got into arguments with store associates. Word got around that Wexler was Lampert. Bosses started tracking how often employees were “Pebbling.” One former business head says her group organized Pebble conversations about miscellaneous topics just to appear they were active users. Another group held “Pebblejam” sessions to create the illusion they were using the network. Labor organizing…to make capital believe they're using an internal social network.
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Jun 2, 2016 01:50
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Absurd Alhazred posted:
cheese fucked around with this message at 02:00 on Jun 2, 2016 |
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Jun 2, 2016 01:56
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eschaton posted:And that poor Elizabeth Holmes, she won't have anything at all to fall back on. She has a trust fund? No wonder she thought this Theranos thing would work despite the statistical difficulties, the results just didn't matter.
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Jun 2, 2016 01:56
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MickeyFinn posted:She has a trust fund? No wonder she thought this Theranos thing would work despite the statistical difficulties, the results just didn't matter. She comes from money. Why else do you think she gets to drop out of Stanford to start a company at 19? And where she got all of her advisors/investors/board members?
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Jun 2, 2016 02:02
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eschaton posted:She comes from money. Why else do you think she gets to drop out of Stanford to start a company at 19? And where she got all of her advisors/investors/board members?
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Jun 2, 2016 02:07
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eschaton posted:She comes from money. Why else do you think she gets to drop out of Stanford to start a company at 19? And where she got all of her advisors/investors/board members?
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Jun 2, 2016 02:08
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eschaton posted:She comes from money. Why else do you think she gets to drop out of Stanford to start a company at 19? And where she got all of her advisors/investors/board members? I never really thought about it, stupid comes in all kinds of flavors but stupid with money appears to be downright dangerous to the health of the population. Now that I write that down it is obvious.
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Jun 2, 2016 02:11
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Gail Wynand posted:Not only that but didn't her father work at Kleiner or something? loving lol. American exceptionalism right there. Be born into the right family.
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Jun 2, 2016 02:46
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It's ridiculous:quote:But when it came to fund-raising, Ms. Holmes had an ace up her sleeve: family connections. from http://www.nytimes.com/2015/12/20/business/theranos-founder-faces-a-test-of-technology-and-reputation.html EDIT: I forgot that he was the 'break California into six states' guy. Between that and Theranos, you can really see why people want him in charge of their money. a foolish pianist fucked around with this message at 03:11 on Jun 2, 2016 |
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Jun 2, 2016 03:08
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Have we talked about Sirtuins yet itt? Because if not, whoo boy do I have a dead unicorn for all of you.
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Jun 2, 2016 03:09
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If you cant get a job after college just get your neighbor to loan you a million bucks
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Jun 2, 2016 03:44
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