carterklein13
Joined 6 years ago
Joined 6 years ago
There's a reason software-as-a-service has beat out software-as-a-product. While people might think they want full ownership/control over what they're buying, they want it to be as safe or secure as possible, they want it to be self-hosting and not communicating information back to the distributor... that's just not what plays out for the most part.
OpenAI vs Mistral, Coinbase vs Metamask. I'm not that old, but I'm beginning to notice a trend where the fast, easy, cheap business model wins the most market share, and then slowly works towards providing more values-aligned features as it grows. The company aligned to consumer values from the get-go usually has a tough time keeping up (although they can usually still carve out a good niche from people who are particularly values-focused - Mistral and Metamask aren't doing poorly by any stretch of the imagination).
1. You get to see what it's like under the covers, as you said. It's not nearly as glamorous as it looks from the outside. And yes, as an early engineer, you share in a lot of the downside without nearly an equal share of the upside.
2. You get to leave. Unfortunately, the startup I joined entered a tailspin. But, my name wasn't attached to the company, and I didn't have a fiduciary obligation to our investors. I had a lot of "stake" myself after putting in years of 12-hour days, nights and weekends, but at a certain point I saw that my career was actively being harmed by staying. That "founding engineer" role on my resume got me the job I'm at now, at a level that skews higher than my YOE.
Do those two points mean you should get a fraction of the equity (or rather, a fraction of the options) as the founder? Honestly... maybe. I've now seen a few founders fail. It can really be a career-killer.
... at least, that's what I hope, as there's no way I'm buying in at an ATH.
I bought at 8, I bought below 8, I bought above 8... but there's no way in hell I'm buying above ~20 for the next 2-3 years.
Because, by my very limited understanding, I always thought something like electromagnetism was always thought to be "concrete," for lack of a better word - whereas I always thought that sociology and psychology were much more subjective fields (and this is why it's impossible to, for example, predict whether a stock will go up or down). Is there any reading to suggest the latter?
Anything to make JS feel less haphazard and more elegant (i.e. using TypeScript) is awesome in my books. Looking forward to hopefully using this pattern in my personal work going forward, and maybe trying to introduce it to my team ta work.