While the article touches on it here, Microsoft was able to avoid venture capital because it was highly profitable from its very early days. They turned their first profit in 1975, the same year they were founded.
It seems like more companies spend longer amounts of time being unprofitable and growing. How much of that is a zero interest rate phenomenon or the new normal?
(Z an Y are swapped... mostly a non issues, except with some games, where Z and X are some gameplay controls, and we have a Y down there)
Has anyone ever seen Facebbok as idealistic? As far as I can tell, they've always been basically Amazon (the borg that will win at all costs) but a little more trivial, cool and Web2.0, they were never the "don't be evil" Google, the idealistic Twitter, I can't think of many less ideal driven companies.
Facebook beat MySpace IMO because it tricked people into using real names. It had the best network effect because of its real name policy (you could easily find people you knew), but it didn't tell you about it, it just posted your name from the sign-up page, which was kind of a dark pattern at the time.
Facebook also had a tool that would let you give them your username and password for other sites, and would scrape contacts for you. But don't try scraping your own contacts out of Facebook, that's wrong.
Remember the apps, like zombie games? Facebook was not kind to 3rd party devs.
Facebook has always been ruthless and other than a bit of open source (PyTorch and React are nice, I guess) as far as I can tell it's never really had any mission other than getting big.
Zuck and the leadership there had really spun a positive, world changing narrative to employees.
It's not as if testing for performance under stress is useless: Tough on call rotations happen, and you might need someone that does well under pressure at 3 am in the morning. But the picture you get on a screening isn't as clear as it appears.
In round numbers, that's enough money to cover roughly 10,000 employees for 25 to 50 years (depending on how much you think the salary averages out to).
Regardless, the CFO said one of her priorities this year was more cost cutting.
Off topic, but I'd like some more specific thoughts regarding what you are aware of for specific automotive technologies that GM has innovated over the past decades, to make this statement.
Intuitively, GM cars do not do well internationally, have been known to have creaky interior build quality, have silly features like turning the reverse lights on when you unlock the car in a parking lot, and are not competitive on a scale of luxury compared to their European and Japanese counterparts.
Traditionally, GM sold other models overseas through brands like Holden or Opel, but these have all been sold off or shut down over the past decade or so except in China. GM now has a much heavier reliance on trucks and SUVs in the North American market. They sell some of those same product overseas still, but in much smaller quantities than before.
In every sense, squares seem to be much easier to reason about and easier to hierarchically partition than hexagons are.
There are certain advantages to hexagons in certain contexts, like six degrees of movement instead of four in board games, but I don't see how any of those advantages translate here for geographical indexing.
I'd love to understand why hexagons as opposed to squares in this context are a superior solution rather than unnecessary complexity?
In college the computer science department had an extracurricular talk about finances for a software engineer; the invited speaker was very adamant that holding most of your net worth in a company that employs you was an unacceptable concentration risk. I remembered that to this day.