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velominati

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velominati
·قبل شهرين·discuss
Google never sold through their first production run of Chromebook Pixels. Will prediction markets take bets on when will end up at https://killedbygoogle.com?
velominati
·قبل 3 أشهر·discuss
It's never OK to physically attack someone like this. Full stop.

Separately; Sam's belief that "AI has to be democratized; power cannot be too concentrated." rings incredibly hollow. OpenAI has abandoned its open source roots. It is concentrating wealth - and thus power - into fewer hands. Not more.
velominati
·قبل 3 سنوات·discuss
“ It is named after one of its developers, Dick Pick.[2][3]” you can’t make this stuff up!
velominati
·قبل 10 سنوات·discuss
This article states that former employees are "lining their pockets" at the expense of current employees who are "build[ing] future shareholder value" (i.e. creating value for VCs). But it ignores the fact that those former employees already built shareholder value when they were working. And by joining early on they took a much larger risk than employees who sign on during the growth stage - often receiving less salary and certainly holding more uncertainty over the future value of their equity.

A longer exercise window is a benefit that accrues to all employees, because it applies to all of them.

The author's proposed solution feels quite absurd to me - to prevent exercise of stock options by any employee who departs for a liquidity event. I wouldn't join a startup that had these provisions.