Silicon Valley Is Still The Place To Be


#344

Better option is to stay put. The position at Stripe only offered me a slight bump from where I am currently at so it’s not worth the hassle.


#345

I meant to ask if your current company is as compelling to work for as stripe.


#346

Stripe’s valuation is only 10B. It’s much more solid that other unicorns at similar valuation. Most of all its founders came across as authentic and grounded. Compare that with Dropbox also at 10B valuation. C’mon! Steve Jobs famously said Dropbox is only a feature not a product. That remains the best description of Dropbox by far.

I wish Stripe can fend off the big bad wolf aka Bezos and IPO so we small potatoes can have a piece of its action. But Stripe really looks like something that belongs in Amazon… I wonder if Bezos is thinking alike?


#347

I believe I will get more bang for the buck if I stay with my current company than working for Stripe. Quite frankly I have no interest in late-stage startups as they tend to be stingy in giving out stock options and are generally overhyped.


#348

Not yet, I just feel that Canada as a whole is big bubble (since they never have proper correction). One more article that point to Silicon Valley -> Toronto (AI and other tech) story here: https://movnorth.com/story/


#349

Just yesterday, I am recruiting a software engineer who is currently working at Stripe. I got a few stories.


#350

We all love stories… do tell. :slight_smile:


#351

You have to get me drunk (but I don’t drink) or PM me for that.


#352

I would add quantum computing and blockchain to the emerging trends. I read the Economist’s technology quarterly on quantum computing from the March issue. It’s a lot closer than I thought:

http://www.economist.com/news/essays/21717782-quantum-technology-beginning-come-its-own

AI seems mostly a technique to make the current services better. It’s like ketchup. You can apply ketchup to make the food you cook taste better, but it’s difficult to have a ketchup startup. I think about AI in a similar way. Especially for big data, you need to have, err, big data. It’s the existing big corporations like Facebook and Amazon that have those.


#353

Are you working for an early stage startup then? Too much sweat and a lot of risk


#354

No it’s in the so-called growth and expansion stage. I wouldn’t mind taking on risk to work for a company with seed funding only, but that usually translates to getting a significant pay cut.


#356

Above article should be posted in Next 10x Stock Winner thread.


#357

Definitely voice players are/will be Amazon (Alexa), Google, Apple and Facebook (they will also join)


#358

Damn it, I just picked up a Chris Pratt mouse pad!!! FFFFFF!!!


#359

Definitely :slight_smile: but can’t achieve 10x by buying underlying using cash. Need to use margin and calls.


#360

https://www.forbes.com/sites/troymcmullen/2017/08/14/silicon-valley-luxury-home-sales-rise-in-july/#55d1af012d8f


#361

Clearly not written by a local… $1m is not luxury in the BA…in fact the median price of $1.4m is a modest middle class home in a nice neighborhood. …


#362

…if you can afford it!!!


#363

Lie!


#364

Why? What’s wrong, @BAGB?