webwright
Joined 19 years ago
Joined 19 years ago
I just moved to Orcas Island in the PNW after living in cities (Seattle, Anchorage) for most of my adult life. I'm near the one town on the island (which is REALLY quiet outside of the 4 warmest/touristy months). ~4,500 people year round population. Weather is perfect with near zero rain for 4-6 months but a bit gray / drizzly for the rest. It's rarely cold, but decent ski hills are 2h inland.
The population (like a lot of small towns) is pretty old, but I found the small group of newer folks (lots of tech expats) to be really welcoming.
I can walk to the small airport, which has regular $180-$200 flights to Seattle (show up 10min before departure, 45min flight). Ferries are more work but sometimes you want your vehicle on the mainland for a big group of houseguests or whatnot.
I'm 15min away from getting a paddlboard into two mountain lakes-- both are popular swimming destinations for locals. I have friends pulling crabs and prawns out of the water all summer. There are zillions of islands and inlets around-- it's a playground if you're a boater. 4-5 good hikes on the islands with breathtaking views. There's one (never crowded) gym in town with a racquetball court. There's a board game meetup. A few fancy restaurants, one killer cocktail bar, a good locals dive bar. I leave my door unlocked. There's a "village green" with frequent concerts and a Saturday farmer's market. The schools and kids on this island are amazing. Ferries and small planes can get you quickly to Victoria/Vancouver Island, Vancouver (the city), and assorted other cool small/medium towns.
I'm pretty new to this, but am LOVING it. There are downsides-- not a lot of food variety in town, tough to make new friends if you aren't the kind of person who makes the effort. The gray season is long and VERY quiet, so you definitely need to budget time/$ to travel. The schools are pretty understanding about missed days in the winter because of this.
Hit me up if you (or anyone) ever wants to check it out. I'll buy you a drink and talk your ear off about it.
Still, pretty darn cool.
The reality was pretty terrible-- I felt like the entire company spent all day writing emails, going to meetings, and updating wikis... Which seemed pretty scary for a company that hadn't figured out its own product yet. We wanted a big chart showing the allocation of time spend so we could show it the exec team and say, "Is this on purpose?"
The company ended up raising $50M and selling for less than $1M. The founder went on to create Fab.com, which raised $300M+ and sold for $15M.
When we get into brainstorming mode, two things I navigate towards are: time-boxing the exercise (setting and sticking to an condensed schedule) and earnest money from them after some amount of diligence or discussion.
If a suitor can't commit to getting to a handshake/LOI after X weeks, I wouldn't pursue it.
Unrelated advice: try to hack your own brain and your team into believing that the default result of this is "no deal, time wasted". Many/most deals fall through, which can feel pretty brutal if you get optimistic about it.
If you add up all of the successful YC companies since he started leading YC, it's a pretty breathtaking number (the count, the valuations, and the value created). YC was having pretty serious scaling problems when he took the reins-- from my understanding, he resolved those pretty effectively. YC's growth since he's been leading it (in a lot of directions) has been impressive-- full-stop.
Moz did spend a bunch of $ on new stuff vs. core stuff-- but I think that was after Rand stepped away from the CEO chair. Certainly the layoffs were after that by several years. Not saying he bears ZERO responsibility, but hanging that on him seems pretty unfair. Here's his post about the strategic zigs/zags and layoffs: https://sparktoro.com/blog/moz-returns-to-seo/
Here's a quote from the post:
"I’m also really thankful that I wasn’t in a managerial position and didn’t have to make what were, I’m sure, insanely tough calls about who stayed at Moz and who didn’t. I feel guilty and awful for all who were in that position, and all those who are seeking jobs now. I remember what it was like when Geraldine and many of her coworkers were laid off and the feelings of doubt and fear, resentment and confusion that washed over us. My empathy and my heart are with everyone on both sides of this heart-wrenching process."
Usually the impact point(s) is/are pretty wrecked, but the majority of the meat is good. And, of course, Anchorage is a natural refrigerator (or freezer) most times of the year.
Funny thing about the beer-- we got draft cold brew coffee at work and went out of our way to design and laser-cut a tap handle that says "Coffee" so candidates wouldn't think it was a beer keg.
Other ideas: run their job post through Textio (https://textio.com/ ).
Disclaimer: I am a white dude, but my company of 65 (in Seattle) is about half women on the engineering side of things. It was a lot of work.
https://www.nytimes.com/2016/12/01/health/hallucinogenic-mus...
https://www.theguardian.com/society/2016/dec/01/magic-mushro...
Personally, I'd suck it up and get the sale done, working hard to make the price as front-loaded as possible. Depending on the buyers appetite for you to keep working there you could:
A) Suggest that you're excited to stay with the business, but if they feel there'd be too many chefs in the kitchen and that you should phase out, you'd like to know about that now... i.e. open the door for them to express how critical you are to the deal.
B) If they DO really want you, push hard for a front-loaded deal (i.e. initial payout versus earn out) and then give notice 6 months after the deal closes. You'll leave some (maybe lots) of $ on the table, but who cares. Selling a company isn't indentured servitude. Someone else owning the company might relieve some stress. If it doesn't, punt.
Broadly-- I'm a believer that happiness is generally internal. If you can't find a way to be happy with this job, I suspect you'll have a hard time with a different one. Starting ASAP, I'd make some changes to see if it makes a difference. Get therapy. Try anti-depressants. Shut off your phone at 6pm and don't open your computer. The sky won't fall. Exercise. Meditate. Try psychedelic mushrooms (only half kidding-- there are some studies that one dose positively impacts depression and anxiety). Eat better. Go into work late AM twice a week so you can take a long walk with your wife. Schedule vacations. Go into the woods a lot (exposure to green space helps depression too). I just read that doing tai chi helps with depression. Schedule weekly lunches with friends.
Seattle, WA (onsite) / Full-time / hiring full-stack web software engineers, product managers, program managers, senior electrical engineers, mechanical engineers, UI/UX designers and a lot more...
We're building a desktop laser cutter/engraver that can create beautiful products in wood, leather, paper, acrylic and more. We are a fifth the cost of comparable products because we've offloaded much of the functionality to cloud software. Push a button, out come flat-pack wallets, lamps, board games, and anything else you can dream up. We're building a catalog of designs that can be customized and a materials store. We've got beta units in the field and users are loving them (and making amazing things).
Other Highlights:
* Largest 30-day crowdfunding campaign in history ($27.9M). We’ve since pre-sold a total of $50M or so. * Recently closed a $22M Series B from Brad Feld/Foundry and True Ventures, and have ~56 employees. * The three founders have manufactured hardware, sold companies, gone through YC, and built profitable businesses.
https://www.recode.net/2017/2/2/14490950/travis-kalanick-ube...
If tech workers express collective displeasure about a company, it meaningfully hurts that company's ability to recruit/retain tech workers.
Google existed and grew (rapidly) for quite a while before they launched Adwords, which they introduced in 2000. Their growth in '99 was pretty meteoric (prompting a $25M investment from KP and Sequoia) before it rolled out PPC monetization. The Adwords model wasn't new at all-- Goto.com was the first search engine to bet on that model.
Google won because it was a massively better search engine... Not just 10% better-- it was "holy crap" better on a mess of fronts (notably: serving up what you were looking for).