"Management was basically incredibly incompetent, for a long time, and were so unfair to employees at the company that they felt this was the only option"
Why not just quit and get a new role? I don't really understand how being unionized under terrible management is desirable.
Almost every successful Google product over the last 15 years has been the result of acquiring an already-built product and marketing + distributing it well: Youtube, Nest, Waze, Doubleclick, Android.
Products that are organically created within Google (even Google Hire, created via acquihire) have a pretty awful track record.
We were fortunate to have Geoff as one of our YC group partners in S2015 and he asked tough questions and kept us focused more so than almost any other early investor we had. Looking back, Geoff really helped us maximize our full potential - all the way from day 1 through selling our company.
In the 80s and 90s, the "center" of SV was Mountain View and surrounding cities, with the VCs mostly in Menlo/Palo Also.
In the last 10 years, as companies have decided to increasingly be based out of SF, the radius of SV is expanding, and a lot of that expansion is to the north + east: Richmond, Concord, Walnut Creek, San Rafael, Mill Valley - making SF the center of the action.
Back then, I was working at a mind-numbing job in private equity and hating every minute of it.
HN encouraged me to move to SF, learn new skills, join a startup (where I met my wife), which led to an acquisition, which led to joining a YC company as an employee, and eventually starting my own company.
For a bunch of strangers, this community was, and still is life-changing.
This seems bitter and certainly exaggerated. For one, the three companies that you listed have almost 1m employees and clearly not all of them are naive or scumbags.
Serious question: what did you decide to do instead of working at a startup or a big tech co, and why do you feel that your life now is better than it would have been otherwise?
I know that comes across a bit rude, but I'm genuinely curious.
“Am I at, or can I get to, profitability on the money I have?...(If so) Go raise “opportunistic money” from your existing investors at a good or great price.”
If you’re profitable and believe that your customers will continue investing in you, you should think long and hard about raising more capital as “the answer.”
Raising more capital is sometimes the answer, and it’s an investor’s job to convince you that raising capital is always the answer.
I think my point is that if lots of money is being made, someone is going to have to spend it. You may disagree with how it is spent by Bezos, etc. but I can’t imagine capping net worth so that governments can spend more is the right solution.