ValyrianJedi
ValyrianJedi t1_izf10r2 wrote
Reply to [OC] Largest IPOs in history by giteam
It seems like it would be useful to include acquisitions too, since that's the other side of the same coin and those numbers can be absolutely massive too...
I have a consulting firm that finds VC and angel investment for startups, mostly tech and energy, and around a decade ago was working for a finance firm doing similar work... A decade ago when you asked "what is your 'everything worked out perfectly' hope for where this company will be in 5-10 years" you would almost always get "successful IPO". These days when I ask the same question I get a lot more "get bought by titan of the industry company X or Y". Not like nobody wants IPOs anymore by any means, but a lot of people would prefer to sell to Google or Tesla or someone with a favorable deal and an honorary seat at the table afterwards instead of going public.
ValyrianJedi t1_izez8yw wrote
Reply to comment by CaptainPicardKirk in [OC] Largest IPOs in history by giteam
A lot of the biggest companies out there don't do work with the general public, they do work with other companies, which makes them a lot less of a household name.
ValyrianJedi t1_iz6aznf wrote
Reply to [Image] Do not compare yourself with anyone in this world. Everyone progresses in their own way by sylsau
Don't really have the option of not comparing myself to other people when my paycheck is directly tied to how I compare with other people
ValyrianJedi t1_iz6asnf wrote
Reply to comment by Poggse in [Image] Do not compare yourself with anyone in this world. Everyone progresses in their own way by sylsau
Not if you have goals or things you want that matter to you
ValyrianJedi t1_iy8ndk7 wrote
Reply to comment by PM_UR_PLATONIC_SOLID in [image]Do your best by thirtyVerb
Eh, there are definitely scenarios where the results matter, and doing a poor job is no better than just not doing it.
ValyrianJedi t1_iy8n0og wrote
Reply to comment by sharkboy1006 in [image]Do your best by thirtyVerb
My job is as performance based as it gets. Like 2/3rds or more of the pay is performance based commission and bonus, and the bonus is based on how you perform relative to the other sales executives. Like if you're in the top 10% of revenue you get bonus A, top 20% get bonus B, bottom 50% no bonus, etc... It can be insanely rough because even if you've done your best someone else doing better can knock your pay down, which leads to you working a few more hours a week to get back on top that quarter, which leads to them working a few more hours a week to get back on top the next quarter, until eventually everybody is driving themselves in to the ground to crank out numbers like 20-30% higher than what anybody's best was a year ago.
ValyrianJedi t1_iy0kga7 wrote
Reply to comment by 10eleven12 in [Image] "8 ways to constantly improve" by Butterflies_Books
Definitely a lot, but there unfortunately just anything I can take off of it
ValyrianJedi t1_iy0k7o1 wrote
Reply to comment by Venogrim in [Image] "8 ways to constantly improve" by Butterflies_Books
How on earth is recommending setting goals or being open to change "random crap"... It genuinely blows my mind that someone can possibly have a problem with this post. You're pretty clearly just looking for something to complain and be negative about, which really doesn't belong here
ValyrianJedi t1_iy0e2nf wrote
Reply to comment by Venogrim in [Image] "8 ways to constantly improve" by Butterflies_Books
Because there is a limited amount of space so you have to prioritize when deciding what to put on them. That definitely doesn't make them random
ValyrianJedi t1_iy0ckqk wrote
Reply to comment by nvcNeo in [Image] "8 ways to constantly improve" by Butterflies_Books
That requires having enough time that doubling up stuff isn't a requirement... If I never multitasked I'd be spending 20-30 hours a day on stuff
ValyrianJedi t1_iy0c8ry wrote
Reply to comment by SgtDoughnut in [Image] "8 ways to constantly improve" by Butterflies_Books
Surrounding yourself with successful people may not be immediately easy, but is definitely doable and makes a massive difference
ValyrianJedi t1_iy0c0ny wrote
Reply to comment by Venogrim in [Image] "8 ways to constantly improve" by Butterflies_Books
I wouldn't call goals, seeking criticism, surrounding yourself with successful people, etc. "random activities". Those are very much all directly geared towards improvement.
ValyrianJedi t1_iy0bqpu wrote
Reply to comment by ahhshits in [Image] "8 ways to constantly improve" by Butterflies_Books
It sound like you just aren't reading good ones
ValyrianJedi t1_ixvzz80 wrote
Reply to comment by No-Explanation-9234 in A study of NFL games during the 2020 season suggests a link between attendance and COVID spikes in surrounding counties 14 and 21 days later. The inferred connection held strongest for games attended by 20,000-plus fans by Wagamaga
That isn't remotely an accurate description of what it says.
ValyrianJedi t1_ixqktgd wrote
Reply to comment by Flash635 in [Image] "A hero is no braver than an ordinary man, but he is brave five minutes longer." ~ Ralph Waldo Emerson by Butterflies_Books
There is something to this. I'm definitely not a "hero" but have helped a decent number of people out of tight spots at personal risk/cost. 99% of the time it isn't preceded by some noble "this is the right thing to do", its preceeded by "oh son of a bitch, I've got to do this if I want to sleep tonight don't I? Damn it".
ValyrianJedi t1_ix4gmae wrote
Reply to comment by daserlkonig in In honour of FIFA, who are absolutely not corrupt bastards by daveclampart
In a decent many of cases there unfortunately just isn't anything to do on practice...
I had to go to a cobalt mine for a finance firm I worked for 8ish years ago and it was one of the most disturbing experiences of my life. But looking in to it when I got home I probably had at least 4-5 things with materials that came from somewhere just like it, and there was absolutely zero alternative...
Half the time you can't even know. I do a decent bit of digging in to supply chains for a living, and someone whose singular job was working 60 hours a week to figure out exact resources origins would barely be able to... When you have company 1 with 10 suppliers for materials/parts and 3-4 backups for each, then each of those suppliers has 10 suppliers for materials/parts and 3-4 backups for each, then each of them uses 5 different wholesalers all with backups, then each of those wholesalers buy raw materials from dozens of different mines, you end up with a chain that is constantly moving and impossible to get to the root of because there genuinely isn't one.
ValyrianJedi t1_iwva1h5 wrote
Reply to comment by andreaskrueger in For world philosophy day 13 thinkers share the philosophical questions that will define this century | Including Noam Chomsky on destruction, Naomi Oreskes on climate crisis and Carissa Veliz on innovation by IAI_Admin
The entire purpose of democracy is to put the power in the hands of the people though. The people not choosing to address something that you want to be addressed doesn't mean that democracy isn't functioning
ValyrianJedi t1_iwuyqi9 wrote
Reply to comment by andreaskrueger in For world philosophy day 13 thinkers share the philosophical questions that will define this century | Including Noam Chomsky on destruction, Naomi Oreskes on climate crisis and Carissa Veliz on innovation by IAI_Admin
That doesn't mean that democracy isn't functioning properly, it means that people's haven't cared about climate change
ValyrianJedi t1_iwqh6j0 wrote
Reply to comment by Skaarhybrid in [Image] Don't let this happen to you! by myeloidCritter980
Eh, if you've got like a 99.99998% chance of there being a tomorrow for you then it's pretty safe to say you're certain.
ValyrianJedi t1_iwhd050 wrote
Reply to comment by SmarmyCatDiddler in [Image] Calvin and Hobbes tells it like it is by maayangor
I'm not saying it's necessary or a moral good. I'm saying that it was worth it to me... And I'm not saying that I had to do that to get by, or be in decent financial shape. I'm saying that I had to to be in well above average financial shape.
ValyrianJedi t1_iwh0ca5 wrote
Reply to comment by Droidlivesmatter in [Image] Calvin and Hobbes tells it like it is by maayangor
Eh, there is a time and a place for both... I can say with pretty much 100% certainty that I wouldn't be anywhere near where I am now if I hadn't done the grind/network/bust ass thing for a decent while... From like 22-25 I worked 100 hour weeks, then did grad school for a year and a half, then from like 27-31 worked 60-70 hour weeks with a side gig on top and did an obscene amount of networking... Was definitely rough at times, but now at 33 I'm super set. We have our first kids on the way now, and because of all the time and energy I put in earlier now I'm able to let off the gas and spend time with them while still being able to take care of them, get them things they want, send them to great schools, etc.. Wouldn't trade doing things the way I did for anything...
And I know a decent many people who are in the same boat, so I just don't think that "don't hustle" is universally solid advice.
ValyrianJedi t1_iwgyewk wrote
Reply to comment by chartierr in [Image] Calvin and Hobbes tells it like it is by maayangor
I can't tell if this is sarcasm or not
ValyrianJedi t1_ivf2txx wrote
Reply to comment by Throwaway33218j in [Image] You matter. You are enough. by motivationswag
They don't belong in the world?
ValyrianJedi t1_ius72xr wrote
Reply to [tool] Observe... by Gainsborough-Smythe
If my thoughts all became words I'd be fired and divorced tomorrow
ValyrianJedi t1_izjc894 wrote
Reply to comment by yousa_queenie in [Image] Reminder: What is coming is better than what is gone. by sylsau
Pretty sure only one of those things is something that people on here should be genuinely concerned about having any long term impact on their life.