> It just means they're better at bullshitting engineers to their face. They're also better at detecting bullshitting from engineers.
The original complaint was about paying taxes when you are granted options, which is not a thing. The fact that one would receive significantly less salary compensation vs FAANG has nothing to do with taxes or startups…
Agreed. One of the key issue is that most people do not know or understand how the equity piece works, leaving the door opened for abuse. It doesn't have to be complicated. Two things to check if one is granted equity…
That's right. The main issue with option is the lack of liquidity. One may have to put down quite a bit of cash down in order to exercise, and that is a problem, even if in practice, it is usually good value for the…
You only be hit by a tax bill if you chose to exercise the option, which only make sense if the stock is worth more than the strike. If you are "given" something that is worth more than $1, the IRS will want a piece of…
Not sure where you live, but in the US, options are typically granted with a strike price equal to the latest 409A valuation, which makes the grant neutral from a tax standpoint. I don't see a world where you have to…
This goes against the HN trope that "you don't need Kubernetes unless you are Google-size". It turns out Kubernetes is actually perfect for small teams as it solves many hard operational issues, allowing you to focus on…
This, 100% agree. Developing a tech startup is hard, and 90% of the costs are usually in labor (real or opportunity cost if you are working "for free"). Trying to save a few bucks each month when you are paying…
I do not think anybody is making the _legal_ argument that consumers of publicly available software with an associated clear LICENSE file are granted any additional rights. Open Source is much more than what you are…
If you dump some personal code of yours in a public place (which you would have written anyway) can it be really called a donation? If you don't plan on even considering ongoing issues that are well documented, can you…
This. It feels like the "Old World" of open source was mostly about passionate people developing (and open sourcing) software for other similarly passionate people (think of some of the great projects on Freshmeat 20…
parquet-rs: to read or write parquet files, cf the Arrow project: https://news.ycombinator.com/item?id=23966150 where one person asking about triggered a ticket in Arrow's JIRA. I am not holding my breath (a 2.5 years…
Rust in prod has been bittersweet for us. Our main goal was to 1) do our job and 2) leverage some of the great promises of Rust. Deterministic memory management and bare metal performance are great and have been…
> It just means they're better at bullshitting engineers to their face. They're also better at detecting bullshitting from engineers.
The original complaint was about paying taxes when you are granted options, which is not a thing. The fact that one would receive significantly less salary compensation vs FAANG has nothing to do with taxes or startups…
Agreed. One of the key issue is that most people do not know or understand how the equity piece works, leaving the door opened for abuse. It doesn't have to be complicated. Two things to check if one is granted equity…
That's right. The main issue with option is the lack of liquidity. One may have to put down quite a bit of cash down in order to exercise, and that is a problem, even if in practice, it is usually good value for the…
You only be hit by a tax bill if you chose to exercise the option, which only make sense if the stock is worth more than the strike. If you are "given" something that is worth more than $1, the IRS will want a piece of…
Not sure where you live, but in the US, options are typically granted with a strike price equal to the latest 409A valuation, which makes the grant neutral from a tax standpoint. I don't see a world where you have to…
This goes against the HN trope that "you don't need Kubernetes unless you are Google-size". It turns out Kubernetes is actually perfect for small teams as it solves many hard operational issues, allowing you to focus on…
This, 100% agree. Developing a tech startup is hard, and 90% of the costs are usually in labor (real or opportunity cost if you are working "for free"). Trying to save a few bucks each month when you are paying…
I do not think anybody is making the _legal_ argument that consumers of publicly available software with an associated clear LICENSE file are granted any additional rights. Open Source is much more than what you are…
If you dump some personal code of yours in a public place (which you would have written anyway) can it be really called a donation? If you don't plan on even considering ongoing issues that are well documented, can you…
This. It feels like the "Old World" of open source was mostly about passionate people developing (and open sourcing) software for other similarly passionate people (think of some of the great projects on Freshmeat 20…
parquet-rs: to read or write parquet files, cf the Arrow project: https://news.ycombinator.com/item?id=23966150 where one person asking about triggered a ticket in Arrow's JIRA. I am not holding my breath (a 2.5 years…
Rust in prod has been bittersweet for us. Our main goal was to 1) do our job and 2) leverage some of the great promises of Rust. Deterministic memory management and bare metal performance are great and have been…