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> but I got a small correction in regards to what you said about fintech.

Market makers like Jane Street are not fintech. They are trading companies.

Jane Street in particular is still very much gut-feeling point-and-click trading, compared to Jump and Citadel Securities.

Fintech companies are more related to payments: Stripe, Gusto, Plaid, etc.

Another difference is pay/TC: trading companies pay significantly more than fintech and MAANG, even for SWEs.


> They are making a killing right now in crypto.

HFT bonuses (many HFT firms trade crypto now) have been crazy since 2020. Even infra SWEs are making 7 figures of TC.


Medical Dictionary

Because they lose their thinking ability in med school and become dictionaries after STEP exams.


> Did Elon profit from that? i.e. He bought at the bottom and sold at the top?

That same quarter, Tesla reported almost $500 million in realized capital gains on BTC.

And Elon owns Tesla stock.

The rest is left as an exercise to the reader.


You are missing the part where they were accepting bitcoin as payment for cars. So how much of those gains were for Cars sold, vs inflated Bitcoin price based on Elon tweets?


Don’t worry, remote WFH is ending. Soon, this situation will never happen.


Hardly. I work at a startup that doesn't even have an office. We are distributed around the world, and everyone, CEO included, is WFH. Perhaps your comment was sarcastic, but that doesn't make it any less incorrect.


Not a startup, but my (small) company is absolutely hiring remotely, preferring EU timezones. We have an office, but it's generally unused. We've got people in at least 4 countries now, maybe 5 by next week. They were supportive when I took a ~year~8 months with the family to drive/airbnb around europe precovid.


I have the same deal here.

Pre-COVID, they had a WeWork office, but some employees were remote around the USA. Once COVID hit, they left the WeWork and became fully remote. We don't have an office, and now have people from all over the world.

HR and the C-suite make a big point of advertising both internally and externally that we are a 100% remote company. They've also arranged full-company gatherings so we can meet each other and put an actual person behind the face we see in Zoom. A couple months ago, it was in Chamonix, France.


My company more than doubled its workforce during COVID and we don't plan on leasing any more office space.

Not to mention we hired people all around the country, so most of them don't have a place to come in to.


Yeah good luck with that.


yeaaaaaaaaah buddy i haven't been in an office since before covid

If you're good enough that they need you, they'll hire you anywhere with a net connection.


You realize WFH was a thing before the pandemic, right?


I was offered the opportunity to work 100% remotely for a large financial corporation which has the bulk of its operations in my home town. This was back in 2006. One of my best friends was outfitted with a DS1 to his house back in the mid '90's so he could work remotely.

tl;dr: Telecommuting has been around for decades and is only going to become more common, not less. The pandemic merely accelerated the trend.


Can confirm. Buddy of mine was good, lived far away, and basically threatened to walk if accommodation was not made. Remote existed for a while, but it was considered a 'favor' bosses bestowed upon you. Now it is the norm and suddenly not only normal order is upset, but also one carrot is gone from the manager's quiver.

I completely agree with your post.


> wage theft still vastly eclipses all retail theft, yet gets far fewer headlines… ask yourself why whenever you see the retail theft reporting hysteria

Try to stop wage theft, get an unproductive conversation, or worse, get fired.

Try to stop petty crime, get assaulted, or worse, get killed.

There’s a reason no one gives a shit about wage theft: they simply don’t care.


Funny that the companies reporting high volumes of retail theft are the same ones often perpetrating wage theft. CVS, for example, has paid out over $100 million in wage theft settlements.

https://violationtracker.goodjobsfirst.org/parent/cvs-health


> promoting ways to steal the income of others who make their living coding and tech and other knowledge based work.

Kill or be killed.

YC founders, Fortune 500 devs, and FAANG engineers:

1. pirate all kinds of shit (Sublime Text, FLAC songs, movies)

2. Improve their company’s software to prevent pirating and/or licensing detection

Not everyone on Earth is a saint.


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