Probably true, but our fintech still gets tons of unsolicited emails from growth equity shops. I don't respond because as you mentioned this sector is out of favor, and as such the multiples are not worth my time.
in the valley at least its difficult to pursue that unless you’re in a “hot” field. A few years ago, it was cloud, then big data, then crypto and now AI. When startups in those fields can raise hundreds of millions, they can lure away a lot of talent (both tech and non tech).
Nah. Regardless of where the company is nominally headquartered there are always an effectively infinite number of employees who can be hired to work remotely or out of satellite offices.
While this might sound unusual, I have a cousin that felt incredibly lonely when they came to the US for work and decided to go back just to be closer with the extended family.
That being said, Im not sure if this is actionable advice for people that don’t already live in societies where this is a thing.
One other concern: if you ever have to deploy in another cloud, there are all kinds of issues with authentication and version support. e.g. azure doesn’t support the latest redis version, GCP MemoryStore forbids password only login for Redis Clusters etc. The infrastructure complexity can be high (albeit manageable).
> I could extend that one step further to cloud itself, but that's an argument for another day
Absolutely. OSS platforms like k8s got a long way. Openstack was the dream (deeply flawed in execution). If we want to seriously talk about resilience we can’t accept that almost all major clouds run proprietary systems and we just have to trust them that they’ll be around forever.
I worked at a company with multiple cofounders; one of them became the CEO, the other one was initially CTO, but ultimately his title was just cofounder after a while and someone else was hired to be CTO. This person then went on to just prototype and build whatever he wanted to; the service he built ended up having no OC engineers supporting it, pages went to him but he didn’t bother responding and nobody would tell him he had to respond lol. Ultimately people just didn’t use that thing or delayed using it as they couldn’t really rely on it.
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