(If you have not followed this saga, Justin Sun is a crypto magnate who has a complicated and extremely leveraged business empire which does effectively openly the thing which FTX et al did by stealth: issue tokens, buy businesses with customer assets, misappropriate, repeat.)
@patio11
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Insolvent crypto exchange faces deeper troubles amid fraud allegations
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Widely-understood-to-be-insolvent exchange owned by widely-understood-to-be-fraudster may now be widely-understood-to-be-even-more-%]*}^]^}*]ed.
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Physical Innovation: Leveraging Chinese Supply Chains and Digital Distribution
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I’m more of a bits than atom person, but some of the innovation in atoms to take advantage of Chinese supply chains and Internet-/delivery- based distribution models (as organic features of the world rather than bolt-ons or simple channels) is very, very interesting.
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Ops Cost Offset: Fix Root Causes Not Symptoms
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Crystal ball: “The Ops team is so expensive! Let’s have it offset its own cost, instead of fixing the top N sources of things which require Ops intervention.”
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AI Workplace Culture: Fixing Organizational Environment Issues
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You: Uh I don't know exactly what was expecting when I hired you but…
Memeplex: Yes what a fun change of pace it is in this terribly immature organization.
You: So… what are you working on?
Memeplex: Fixing that one cannot work in this environment. -
Ex-Googlers Risk Overplacement Beyond Demonstrated Competence
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And so, relative to a non-Google hire, your ex-Googlers will be at positions within your company which their level of competence may not yet have, ahem, strictly speaking been fully demonstrated yet. The memeplex will have prepared them well for what they need to do next.
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Default Consensus: Salary Upleveling When Hiring Ex-Tech Executives
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"What's an example of default consensus decisions?" OK, so you're hiring ex-Googlers, right? You know what their payscale looks like. It is higher than yours. You will *systematically* uplevel them both to justify more $ and to make up for the sacrifice they take joining you.
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Google Exodus: How Ex-Googlers Transform Startup Culture
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But there exist many startups which, without making a conscious decision to do so and just making a lot of default consensus decisions in the hiring process, will hire 30 Googlers and then, 18 months later, not *quite* understand what they have done yet, but feel the difference.
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Federal Government Management Kills Tech Startup Performance
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"Did that even need to be said?" I think there is relatively little alpha in tech saying that, if you operate your tech startup like the federal government operates, inclusive of hiring say thirty people from the federal government so you get the good flavor, life will be hard.
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Google memeplex influence: corporate culture as systemic risk
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And so when the Google memeplex looks around locally and sees a lack of the comforts of home, which the memeplex is very capable of advocating for persuasively, sometimes it should be listened to and sometimes it needs to be treated like a prion that kills all hosts but Google.