We need to tax these fuckers till they bleed.
Yeah, it’s the only nonviolent way to control them.
I love how we’re simultaneously being told that AI is this wonder invention that’s streamlining everything but also that we’re apparently supposed to now work 12 hours a day, 6 days a week.
Either AI works as advertised, in which case let it do most of the work and let us work less, or AI doesn’t actually help at all, in which case fuck off and stop trying to shoehorn it into everything.
All those men lost in the jungle and now we’re giving credibility to the Viet Cong. We truly have fallen.
Can we just agree as a society that people like this are ruining the world? Maybe if they were treated like the enemies of humanity they are, and exposed to 1% of the misery they cause, it would be a less common genre of shitty person?
CEOs 996 is 9 hours per week, 9 days per month, 6 months a year right?
Your ‘work’ and my ‘work’ are different, Boy Wonder.
Nice - Amazon executive and doesn’t know how to use its and it’s properly.
JFC, I loathe douchebags like this so very much.
This guy’s upset you won’t break your back to make him richer.
What a piece of shit.
Stebbings, founder of 20VC, a firm managing $650 million in funds, advised founders on LinkedIn last month that “7 days a week is the required velocity to win right now,” to compete with startups in Silicon Valley and China.
Just from that sentence you can tell the guy leads an impoverished life in ways that won’t be fixed by money. But he’s going to spend his life chasing money because he can’t imagine what else to do with it.
Just like all the other psychopath techbros, he’ll take from everyone else, make everyone miserable, wallow in his superiority, and be a general scouge to Earth in an attempt to fill a void that will always just expand anyways. At the end of the day, they’ll always have the most money and still be the poorest people in the world. No amount they exploit from the rest of us will satiate their ravenous, everlasting hunger.
They’ll punish us, who they envy for our ability to live rich lives with emotions that they will never experience.
If we’re lucky, they’ll realize it and kill themselves.
This sounds like hes just describing an oversaturated market
If there’s one thing that businessmen and investors demonstrate an appalling lack of understanding of, it’s economics.
Robber Barons are back in style!
Why is anyone questioning why people want to murder the rich and support social programs more and more. You have just sit and think how much people will take before they absolutely slaughter these fucking pieces of human trash.
They throw people in concentration camps without any process, much less due process, get giant tax breaks while taking away people’s healthcare, layoff thousands of workers while getting a generous bonus, dump toxic waste in the rivers, use 45% of the corn grown to make ethanol that doesn’t solve anything, and say there’s not enough room for solar panels.
But don’t post Luigi memes because that’s inciting violence.
Y’all know why there aren’t any more Robber Barons right? ✊👷
Good - nobody needs billion-dollar startups. The line doesn’t have to co constantly go up forever. We don’t need to constantly improve productivity and do more for less. Fuck that and fuck this “debate”.
I remember reading about a hotel in Japan that has been open for over a millennium, and IIRC it’s owned by the same family who has owned it for most of that time, and that’s their only business. We need more of that: steady-state businesses that operate but don’t pursue permanent growth.
Yeah, you can go fuck yourself with your 7 day work week.
What I don’t get is…they can just hire more people to do the work and expand the company? When you consider this, you realize that they’re just asking people to work 40% more without an increase in pay (hence hiring more people is not an option)…then they call it “productivity gains”.
Then they’ll complain when no one wants to work those ludicrous hours and they’ll sing one of the greatest hits of all time:
“nOBodY WaNts To woRk ANyMorE”
they can just hire more people
In software development, it’s not that easy. Having multiple people working on the same code adds a lot of overhead. Also, finding another excellent programmer is slow and expensive. (The “fast, cheap, good: pick two” rule applies.)
Plus, do you want two software developers with a good work/life balance and fulfilling ways to spend their free time, or do you want one software developer with mental issues that, among other things, leave him with nothing to do except work and no source of meaning in life except getting work done? The first option is more dependable, since the guy in the second option is crazy. However, if you’re building a startup then you need to take risks and the second option is the one more likely to create something amazing. (IMO, of course.)
Having more people always adds overhead. It’s not only software developers.
You don’t need to have two developers working on the same piece of code, you can have each one working on a feature. And different teams can develop different projects/products. If a project takes 1 year to complete but you want an output of 2 projects per year, you don’t need to overwork your current employees. You can hire a new team so there are 2 simultaneous projects being worked on at the same time.
I assumed that the VC is talking about small startups, the sort that have a dozen employees and just one project.
Can those be valued at 1Bn?
Ok, yes, there are these examples:
Instagram: When Facebook acquired Instagram in 2012, the company had only 13 employees and was valued at $1 billion.
WhatsApp: When Facebook acquired WhatsApp in 2014, the company had around 55 employees, but it had previously raised funding at a valuation of $1.5 billion with a much smaller team.
Duo Security: In 2018, Cisco acquired Duo Security for $2.35 billion. At the time of acquisition, Duo had around 10 employees.
Nutanix: While not exactly a small startup at the time of valuation, Nutanix was valued at $1.2 billion in 2013 with around 10-15 employees.
(disclaimer: I sourced these from gpt and have not fact checked them)
I’ve worked in startups most of my career and co-founded two companies. This is dumb. Most startups fail and it ain’t because people aren’t working hard enough.
This seems short-sighted. You want to hire enough people and give them what they need to grow their skills as they work. Invest in your employees a bit. Then you get the quality without the burnout and mental crises, plus you get a company that feels good to work for.
Plus the fundamental insanity of saying efficiency is a single monolithic thing that can only be effectively worked on by a single person. The only reason you have that is because the type of coder these people want to abuse is the same type of person who’s bad at designing code. They just keep stumbling on subsuming additional features into the monolith because encapsulation and code design is uninteresting to their reward centers. That’s why multiple people can’t work on it, not because there’s some fundamental inability to effectively partition work during the production of innovative software.
“Debate”? What fucking “debate”?
Someone suggests something comedically fucked up and it’s now a debate?
Shut the fuck up and sit down, you VC cunt. No one wants to hear your clown-show takes.
Someone suggests something comedically fucked up and it’s now a debate?
Yep, this is the legacy of social media. And it’s been tearing apart the fabric of society.
Given how much billion dollar start-ups are ruining our world, wouldn’t that be a good thing?
You’ll get four and you’ll like it.
