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fatherboxx
Mar 25, 2013

lorn Wayne posted:

Next year, Silicon Valley the tv show is switching genres from comedy to documentary.

Naaah, that show is funny, but it is so far behind the everyday idiocy of SV.
Like, it does not even scratch the surface of the insane poo poo, Gavin Belson yearning for times when you could just shoot the protestors is a baseline for a malicious tech exec in a world where Peter Thiel roleplays Elizabeth Bathory.

fatherboxx has issued a correction as of 09:21 on Sep 30, 2016

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Top City Homo
Oct 15, 2014


Ramrod XTreme

Al! posted:

well first you want to get one finger nice and lubed up.......... Is this rhetorical??!

https://www.youtube.com/watch?v=eUgkrlL8GkE

the bitcoin of weed
Nov 1, 2014

Rand alPaul posted:

STEM is already severely bloated, at least at the college level. In the next two years look forward to media outlets and pundits blaming people with STEM for their own misery and underemployment. I'm just not certain what the new, flavor of the month major is going to be.

the actual problem here is that people are getting tech degrees without ever figuring out what the gently caress they're doing, either by cheating the whole time or just going through a bad program (also applies to most boot camps/"Learn to code online!" programs). Then these people get to a tech interview and can't do the most basic possible whiteboard coding problem and are amazed they can't find a job with their fancy degree

doesn't matter how many people are in STEM degree programs if most of them are real loving bad at it

Karl Barks
Jan 21, 1981

peition to rename thread to silicon valley chat

Vox Nihili
May 28, 2008

Fullhouse posted:

the actual problem here is that people are getting tech degrees without ever figuring out what the gently caress they're doing, either by cheating the whole time or just going through a bad program (also applies to most boot camps/"Learn to code online!" programs). Then these people get to a tech interview and can't do the most basic possible whiteboard coding problem and are amazed they can't find a job with their fancy degree

doesn't matter how many people are in STEM degree programs if most of them are real loving bad at it

My idiot cousin who definitely can't code got a six-figure dev job of some sort in SF and has apparently kept it.

Karl Barks
Jan 21, 1981

there are plenty of morons who get jobs in tech and keep them. there is such a huge demand for programmers it doesn't really matter

Vox Nihili
May 28, 2008
I think it's mostly the H1B folks who are exploited here. The tech companies conspire to underpay other workers but most people who have citizenship are pretty mobile and hop from job to job when they have an opportunity for better pay. Lots of small-mid sized places willing to pay for talent and they aren't in league with Apple and Google or w/e.

Just my take having lived here and known a bunch of young tech workers.

The actual hours suck of course.

Vox Nihili has issued a correction as of 20:44 on Sep 30, 2016

Alec Bald Snatch
Sep 12, 2012

by exmarx

Fullhouse posted:

the actual problem here is that people are getting tech degrees without ever figuring out what the gently caress they're doing, either by cheating the whole time or just going through a bad program (also applies to most boot camps/"Learn to code online!" programs). Then these people get to a tech interview and can't do the most basic possible whiteboard coding problem and are amazed they can't find a job with their fancy degree

doesn't matter how many people are in STEM degree programs if most of them are real loving bad at it

90% of the ones who do get hired suck rear end as well, hence all the panic when deadlines loom and all you've got is cobbled together poo poo

the bitcoin of weed
Nov 1, 2014

having bad coders hired and kept in their jobs just makes the market better for when your company needs to hire more workers to pick up the slack from your poo poo

imagine being in this environment with a technical degree and you still can't find a job lol (unless you're not white or south/east Asian, in which case condolences)

Karl Barks
Jan 21, 1981

*black coder comes in for interview*

ahhh.. umm.. just not a culture fit i don't think

30.5 Days
Nov 19, 2006

Karl Barks posted:

there are plenty of morons who get jobs in tech and keep them. there is such a huge demand for programmers it doesn't really matter

I just came in from the south (and holy poo poo this money) and the combo of upturned nose at non-west-coast developers combined with stunning incompetence is truly a sight to behold. gently caress the bay forever, can't wait to retire before 50 after squirreling away these earnings and get the gently caress out of here.

EDIT: seattle is worse tho

MikeCrotch
Nov 5, 2011

I AM UNJUSTIFIABLY PROUD OF MY SPAGHETTI BOLOGNESE RECIPE

YES, IT IS AN INCREDIBLY SIMPLE DISH

NO, IT IS NOT NORMAL TO USE A PEPPERAMI INSTEAD OF MINCED MEAT

YES, THERE IS TOO MUCH SALT IN MY RECIPE

NO, I WON'T STOP SHARING IT

more like BOLLOCKnese

Karl Barks posted:

*black coder comes in for interview*

ahhh.. umm.. just not a culture fit i don't think

Something also done by notable plastic dolly maker Games Workshop. Their job descriptions are plastered with ATTITUDE IS MORE IMPORTANT THAN QUALIFICATIONS and poo poo about fitting in

Their managing director also went on a giant rant about how diversity was bullshit in their annual investor report

Funnily enough that company is white is gently caress, who would have guessed

Slanderer
May 6, 2007

Rand alPaul posted:

STEM is already severely bloated, at least at the college level. In the next two years look forward to media outlets and pundits blaming people with STEM for their own misery and underemployment. I'm just not certain what the new, flavor of the month major is going to be.

companies keep saying "we need more qualified stem grads!!!" when what they mean is we need more stem grads with masters degrees from american universities who will work for $3/hour overseas

R. Guyovich
Dec 25, 1991

Top City Homo posted:

What is a pick-lock compared to a bank share? What is the burgling of a bank compared to the founding of a bank? What is the murder of a man compared to the employment of a man? ... Nowadays a man must work within the law; it's just as much fun! ... In this present age one uses peaceful methods. Brute force is out of date

babypolis
Nov 4, 2009

Vox Nihili posted:

The high-pressure startup culture of the Bay Area leads many participants to view their bodies and brains as machines to be optimised using all of the tools available - meditation, yoga, Soylent, intermittent fasting, so-called "smart drugs" (including off-label ADHD and narcolepsy meds), microdosed psychedelics and legal nootropics.

"Mental creativity and performance is how people make their career here in Silicon Valley," says Geoff Woo, the CEO at Nootrobox, which makes legal supplements claimed to boost cognitive function.

"I liken professionals in industries like tech and finance to professional athletes. A slight edge over the competition can make or break the team, product and business."

yep you really need all the help you can get in the rough and tumble world of making apps that will never earn a single dime

I would blow Dane Cook
Dec 26, 2008
Probation
Can't post for 5 days!

quote:

Theranos Retreats From Blood Tests
Company led by Elizabeth Holmes will shut down facilities and shed more than 40% of its workforce as it shifts to developing products for outside labs


Theranos Inc. said it will shut down its blood-testing facilities and shrink its workforce by more than 40%.

The moves mark a dramatic retreat by the Palo Alto, Calif., company and founder Elizabeth Holmes from their core strategy of offering a long menu of low-price blood tests directly to consumers. Those ambitions already were endangered by crippling regulatory sanctions that followed revelations by The Wall Street Journal of shortcomings in Theranos’s technology and operations.

The shutdowns and layoffs could help the closely held company accelerate its shift to developing products that could be sold to outside laboratories. Ms. Holmes announced in August a new blood-testing device called miniLab, which is about the size of a printer but hasn’t been approved by regulators.

In a statement posted on Theranos’s website late Wednesday, Ms. Holmes said: “We will return our undivided attention to our miniLab platform. Our ultimate goal is to commercialize miniaturized, automated laboratories capable of small-volume sample testing, with an emphasis on vulnerable patient populations, including oncology, pediatrics, and intensive care.”

Theranos has labs in Newark, Calif., and Scottsdale, Ariz., and five blood-drawing sites that send samples to the Arizona lab. The California lab has been closed since regulators decided in July to revoke Theranos’s license to operate the facility, a move Theranos is appealing.

As part of the restructuring, Theranos will shut down those operations entirely. Ms. Holmes said the restructuring “will impact approximately 340 employees” in Arizona, California and Pennsylvania. The company said it had 790 full-time employees as of Aug. 1.

The impact on Theranos’s ongoing appeal of regulatory sanctions is unclear. Regulators also sought in July to ban Ms. Holmes from owning or operating any lab for two years, throwing the future of the Arizona lab into doubt. Theranos has appealed her ban, which hasn’t taken effect.

A retreat from the strategy that won the company a valuation of $9 billion in 2014 could make it less complicated for Ms. Holmes, 32 years old, to keep running Theranos as chief executive if the ban is imposed. She also controls a majority voting stake in the company and can’t be easily removed from her position, according to people familiar with the matter.

Theranos has said it accepted “full responsibility for the issues” at its California lab and had “worked to undertake comprehensive remedial actions,” including improvements in quality, training procedures and systems.

After the regulatory sanctions were announced, Theranos said its research and development unit “has developed many technologies that are not dependent on running a clinical laboratory.”

The miniLab was unveiled at a conference of lab scientists, and Ms. Holmes said it could run accurate tests from a few drops of blood. Theranos sought emergency clearance of a Zika-virus blood test but then withdrew its request after federal regulators found that the company didn’t include proper patient safeguards in a study of the new test.

Theranos told the Food and Drug Administration it hadn’t reported results of the tests to doctors or patients, according to a letter obtained by the Journal in a public-records request.

The new technology is the successor to the Edison devices rolled out in a company lab in the fall of 2013, according to a person familiar with the matter. The Edison devices were at the center of Ms. Holmes’s vision to revolutionize the blood-testing industry with pioneering technology that makes the tests cheaper, less painful and more convenient.

At the Tedmed health-care conference in 2014, Ms. Holmes called Theranos “a new paradigm of diagnosis, in which every person will be able to see the onset of disease in time for therapy to be effective. Through it, we see a world in which no one ever has to say ‘goodbye’ too soon, and people are able to leverage engagement with their health to live their best lives.”

Theranos launched a partnership with Walgreens drugstores to collect blood samples at the drugstore chain and send them to Theranos labs for analysis.

In October 2015, the Journal detailed concerns about the company’s testing accuracy. Theranos later voided all results from its proprietary device for 2014 and 2015, though the company said it wasn’t aware of any patient harm resulting from its tests.

In June, Walgreens Boots Alliance Inc. closed all of the blood-collection locations opened in the Theranos partnership. Walgreens announced the decision on a Sunday evening, and Theranos’s signs disappeared overnight, according to some drugstore employees.

“I had heard advertising about Theranos,” said Lynn Boyer, 65, a retired nurse in Chandler, Ariz., who was attracted to Theranos because of her high health-insurance deductible. “It never occurred to me I was taking such a risk.”

Theranos also faces federal criminal and civil investigations into whether it misled investors. The company has denied wrongdoing.

As part of its appeal of regulatory sanctions, Theranos has asked the federal Department of Health and Human Services’ Departmental Appeals Board to conduct a hearing, according to appeals official Eric Lester. He said administrative law judge Leslie Weyn has been assigned to the case.

The proceedings are set to start Dec. 1, when the Centers for Medicare and Medicaid Services must reveal its evidence and arguments against Theranos, according to Mr. Lester.

A spokesman for CMS said the agency doesn’t comment on ongoing enforcement or legal cases. Thomas Barker, a former HHS general counsel who represents Theranos, said the company continues “to work closely with CMS” and is “following the [appeals board’s] timeline at this point.”


http://www.wsj.com/articles/theranos-retreats-from-blood-tests-1475713848

etalian
Mar 20, 2006


lolling at any VC dumb enough to keep on forking over money to that con artist.

Atrocious Joe
Sep 2, 2011

The VCs are not going to invest, but some desperate private equity firm is going to put the Pennsylvania teachers pension fund into it.

etalian
Mar 20, 2006


Even better as part of the CMS appeals process all the various quality audit findings will become public knowledge.

Vox Nihili
May 28, 2008
http://www.wsj.com/articles/major-investor-sues-theranos-1476139613

One of Theranos Inc.’s biggest financial backers has sued the embattled startup and its founder for allegedly lying to attract its nearly $100 million investment, according to a fund document and people familiar with the matter.

Partner Fund Management LP, a San Francisco-based hedge fund, filed the suit in Delaware Court of Chancery Monday afternoon, a letter to the hedge-fund’s investors says.

“Through a series of lies, material misstatements, and omissions, the defendants engaged in securities fraud and other violations by fraudulently inducing PFM to invest and maintain its investment in the company,” says the letter, which was reviewed by The Wall Street Journal.

Vox Nihili
May 28, 2008
Full article since WSJ seems to have a paywall:


One of Theranos Inc.’s biggest financial backers has sued the embattled startup and its founder for allegedly lying to attract its nearly $100 million investment, according to a fund document and people familiar with the matter.

Partner Fund Management LP, a San Francisco-based hedge fund, filed the suit in Delaware Court of Chancery Monday afternoon, a letter to the hedge-fund’s investors says.

“Through a series of lies, material misstatements, and omissions, the defendants engaged in securities fraud and other violations by fraudulently inducing PFM to invest and maintain its investment in the company,” says the letter, which was reviewed by The Wall Street Journal.

The letter says Theranos, its founder Elizabeth Holmes and a former executive deceived the hedge fund by claiming it had developed “proprietary technologies that worked,” and was close to getting regulatory approvals.

A spokesman for Theranos said “the suit is without merit and Theranos will fight it vigorously. The company is very appreciative of its strong investor base that understands and continues to support the company¹s mission.”

The suit is the first sign of trouble from investors who poured about $800 million into the company, and then remained silent as it navigated a challenging year that began when the Journal first reported on shortcomings in its operations and technology last October.

Ms. Holmes had said Theranos could accurately perform dozens of tests using a few drops of blood, a premise that drove the firm to a valuation of $9 billion in a 2014 fundraising round. The Journal’s investigation showed it used its flagship technology for a small number of tests, relied on devices made by conventional manufacturers and released questionable test results to patients.

Since then, Theranos has voided tens of thousands of test results, faces federal civil and criminal investigations, and is appealing a regulator’s revocation of its blood-testing license at a California lab. The company has said it is cooperating with the investigations and is continuing to work with regulators.

The regulator barred Ms. Holmes from the lab industry, pending the company’s appeal. Last week the company abruptly shut down its remaining testing operations in Arizona.

The company has said it plans to shift its focus away from blood-testing to developing and making new commercial technology that can accomplish its long-stated aim of making blood tests cheaper and more accessible.

In a letter to supporters last week describing that changed strategy, Ms. Holmes thanked her investors for providing the company with “the runway to realize our vision.”

The lawsuit filed Monday by Partner Fund Management, which focuses on health-care and technology investments, adds a new challenge to Theranos’s pivot plan.

The suit, disclosed to Partner investors Monday, was filed under seal in accordance with the rules of the Delaware court, which seek to protect confidential corporate information. The hedge fund’s letter didn’t include details of the allegations.

Partner is seeking to recoup damages in excess of its investment, in addition to costs associated with the action, said a person familiar with the lawsuit.

Partner made a $96.1 million investment in Theranos on Feb. 4, 2014, this person said.

Partner manages more than $4 billion. It mostly invests in publicly traded securities, but makes some investments in private firms such as Theranos.

Theranos, Ms. Holmes and former chief operating officer Sunny Balwani pitched the company to Partner managers beginning in December 2013, the person familiar with the case said.

The fund alleges that Ms. Holmes and Mr. Balwani claimed their technology could do many more types of tests than it was capable of performing, the person said. Regulatory records disclosed by the Journal earlier this year show the company’s marquee Edison blood-testing device was being used to do only about a dozen tests before the company ceased using it altogether last year.


Partner also alleges, among other things, that Theranos overstated the scope of its submissions for Food and Drug Administration approval and its ability to meet the obligations it had agreed to in partnerships with companies like drugstore giant Walgreens Boots Alliance Inc. as it prepared to roll out its services, according to the person familiar with the suit.

Walgreens, which hosted Theranos locations at stores in the Phoenix area, walked away from the partnership in June.

The hedge fund’s suit claims that Ms. Holmes, Mr. Balwani and Theranos engaged in securities fraud, negligent misrepresentation and violations of the Delaware deceptive trade practices act, among other things, a person familiar with the document said.

Mr. Balwani couldn’t immediately be contacted for comment.

The clerk’s office at the Delaware Court of Chancery confirmed the case had been filed late Monday. The special court rules on disputes involving Delaware corporations. Theranos is incorporated in that state.

The Securities and Exchange Commission is investigating allegations that Theranos misled investors, people familiar with the matter say. The SEC has subpoenaed Partner in the case. The hedge fund is cooperating with authorities, said the person familiar with the suit.

The Partner letter to investors said the 12-year-old hedge fund has never before been a party to a judicial proceeding, and said it had filed the case to protect its investors.

As Theranos has faced rising scrutiny over the last year, most of its investors have remained on the sidelines. The company has attracted investments from venture capitalists, corporate partners and wealthy families.

Another large investor, Sandbox Industries, didn’t respond to a request for comment. The Lucas Venture Group, which appeared to have removed references to its investment in Theranos from its website, declined to comment.

Condiv
May 7, 2008

Sorry to undo the effort of paying a domestic abuser $10 to own this poster, but I am going to lose my dang mind if I keep seeing multiple posters who appear to be Baloogan.

With love,
a mod


Fullhouse posted:

the actual problem here is that people are getting tech degrees without ever figuring out what the gently caress they're doing, either by cheating the whole time or just going through a bad program (also applies to most boot camps/"Learn to code online!" programs). Then these people get to a tech interview and can't do the most basic possible whiteboard coding problem and are amazed they can't find a job with their fancy degree

doesn't matter how many people are in STEM degree programs if most of them are real loving bad at it

yeah it's amazing how people supposedly study fizzbuzz before interviews now. fizzbuzz is seriously grade school level programming and the fact that a ton of devs cannot do it without a refresher is horiffic to say the least

Condiv
May 7, 2008

Sorry to undo the effort of paying a domestic abuser $10 to own this poster, but I am going to lose my dang mind if I keep seeing multiple posters who appear to be Baloogan.

With love,
a mod


imo, we need to start licensing programmers like we do engineers and having code audits for programs released to market. far too many applications today store and transmit sensitive information without the developers behind them having the slightest inkling wrt computer security. ignoring this problem is already leading to situations where we had cars on the road that could be remotely hijacked/disabled without much work.

Atrocious Joe
Sep 2, 2011

I think we can all agree that a few car hijackings, identity thefts, and other industrial accidents is a price worth paying for keeping programmer pay as low a possible

Lawman 0
Aug 17, 2010

Condiv posted:

imo, we need to start licensing programmers like we do engineers and having code audits for programs released to market. far too many applications today store and transmit sensitive information without the developers behind them having the slightest inkling wrt computer security. ignoring this problem is already leading to situations where we had cars on the road that could be remotely hijacked/disabled without much work.

:agreed:

ohgodwhat
Aug 6, 2005

Condiv posted:

yeah it's amazing how people supposedly study fizzbuzz before interviews now. fizzbuzz is seriously grade school level programming and the fact that a ton of devs cannot do it without a refresher is horiffic to say the least

These hopefully are the devs making $50k at lovely code monkey shops, not the ones making $200k in silicon valley, right?

30.5 Days
Nov 19, 2006

ohgodwhat posted:

These hopefully are the devs making $50k at lovely code monkey shops, not the ones making $200k in silicon valley, right?

lol

Jacobin
Feb 1, 2013

by exmarx

Condiv posted:

imo, we need to start licensing programmers like we do engineers and having code audits for programs released to market. far too many applications today store and transmit sensitive information without the developers behind them having the slightest inkling wrt computer security. ignoring this problem is already leading to situations where we had cars on the road that could be remotely hijacked/disabled without much work.

I think this doesn't really take into account perverse incentives and diffused roles that is corporate in America , the fact that most programmers get instructed to do this poo poo by others , it's not like a profession like being an engineer or doctor where you are actually expected to have responsibility for your work product at all times


Ex. yahoo actually went completely over the heads of their security team to install the bespoke tap on their email for the govt

Mr. Lobe
Feb 23, 2007

... Dry bones...


ohgodwhat posted:

These hopefully are the devs making $50k at lovely code monkey shops, not the ones making $200k in silicon valley, right?

it's cute if you think the difference between these two classes of people is talent, knowledge, or ability

Condiv
May 7, 2008

Sorry to undo the effort of paying a domestic abuser $10 to own this poster, but I am going to lose my dang mind if I keep seeing multiple posters who appear to be Baloogan.

With love,
a mod


Jacobin posted:

I think this doesn't really take into account perverse incentives and diffused roles that is corporate in America , the fact that most programmers get instructed to do this poo poo by others , it's not like a profession like being an engineer or doctor where you are actually expected to have responsibility for your work product at all times


Ex. yahoo actually went completely over the heads of their security team to install the bespoke tap on their email for the govt

i am suggesting that yes, at certain times programmers should be required to sign off on their work and at times be held legally responsible for it. we're getting to where we're integrating tech enough in people's lives that it can do real harm. we got people with IoT smart homes and poo poo that can do stuff like remote door unlock.

Slanderer
May 6, 2007

Condiv posted:

yeah it's amazing how people supposedly study fizzbuzz before interviews now. fizzbuzz is seriously grade school level programming and the fact that a ton of devs cannot do it without a refresher is horiffic to say the least

fizzbuzz owns because half the time when it's talked about online on a blog post or a discussion, people rush in wish replies on how they "cleverly" solved it in some unreadable single-line form. 50% of the time, those "clever" solutions are wrong because people are too stupid for their own good

its probably not great for interviews, though

the bitcoin of weed
Nov 1, 2014

the best fizzbuzz solution is the one that ruins the Java compiler so thoroughly that it accidentally craps out the correct answer in an error message. please don't do that in a job interview tho

it's not even hard it requires like six lines of code done correctly and is all poo poo you learn in the first few chapters of any given Babby's First Program book but somehow is beyond a lot of people that think they can make a lot of money by cheating on a few data structures exams

Jose
Jul 24, 2007

Adrian Chiles is a broadcaster and writer
i have a comp sci degree and can't program for poo poo fortunately i use sql and mostly gis software so i can get by

cargo cult
Aug 28, 2008

by Reene
can the programming job havers itt engineer us a better government? preferably one which places a high value on concepts such as rationality and liberty unlike the sh*t we have rite now which abuses each and every1 of us

Lawman 0
Aug 17, 2010

Jose posted:

i have a comp sci degree and can't program for poo poo fortunately i use sql and mostly gis software so i can get by

Same except I made the fatal mistake of actually majoring in geography.

Jose
Jul 24, 2007

Adrian Chiles is a broadcaster and writer

Lawman 0 posted:

Same except I made the fatal mistake of actually majoring in geography.

i'm in the UK so if there are any well paying jobs about please pm me

Jacobin
Feb 1, 2013

by exmarx

cargo cult posted:

can the programming job havers itt engineer us a better government? preferably one which places a high value on concepts such as rationality and liberty unlike the sh*t we have rite now which abuses each and every1 of us

hello peter thiel

Badger of Basra
Jul 26, 2007

cargo cult posted:

can the programming job havers itt engineer us a better government? preferably one which places a high value on concepts such as rationality and liberty unlike the sh*t we have rite now which abuses each and every1 of us

I think you're looking for Reddit

the bitcoin of weed
Nov 1, 2014

lots of programmers are insane libertarians due to the fact that they lucked into the particular arbitrary skillset which allows them to become self-made millionaires by 30, they should not be running anything ever.

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Karl Barks
Jan 21, 1981

high value concepts such as rationality and liberty

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