FAANG

8 statements across 2 episodes · 1 bullish · 6 bearish · 3 people on the record · first statement Apr 8, 2022 by Harj Taggar · said 3 times in 1 episodes since 2022 · across every show →

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brought up most by Michael Seibel (3)

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2022 3 mentions in 1 episode

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Everything said about FAANG, oldest first

Apr 8, 2022 bearish
Opinion
Taggar: FAANG Product Launches Rarely Kill Fast-Growing Startups
“Cause like, if you think about like, we're like scratching our heads, trying to find examples of times that like a fan company launched a product that killed a fast growing, successful startup. So like clearly more often than not, like structural advantage isn…”
Harj Taggar Apr 8, 2022 ▶ 12:36 How To Compete With Amazon and Google · Y Combinator
Apr 20, 2022 negative
Insight
Seibel: Big tech warehouses talent defensively to prevent competitor growth
“In many ways, this is a defensive tactic to warehouse talent. Out of the fear that maybe someone else can use you in a way that can hurt the company.”
Michael Seibel Apr 20, 2022 ▶ 14:29 Why You Should Leave Your FAANG Job · Y Combinator
Apr 20, 2022 negative
Insight
Caldwell: Spending too much time at FAANG becomes a negative VC signal
“But I think at some point, the more time you spend there, what was once a good positive signal could turn into a negative one. Again, I can't speak for all investors, but at some point you lose the shininess of getting that validation as well as what team you'…”
Dalton Caldwell Apr 20, 2022 ▶ 9:05 Why You Should Leave Your FAANG Job · Y Combinator
Apr 20, 2022 negative
Insight
Seibel: FAANG retention relies on unvested equity being 3x your savings
“If they can keep you spending your entire salary, and if they can keep the money that you haven't vested yet larger than the amount of money that you have in your savings by like two to three X, you never leave.”
Michael Seibel Apr 20, 2022 ▶ 13:40 Why You Should Leave Your FAANG Job · Y Combinator
Apr 20, 2022 negative
Opinion
Caldwell: Most FAANG engineers secretly work on trivial tasks and ad servers
“Most people that get most jobs at Fangs, when you talk to them after they have the job, if they're, you know, get a couple of beers in them, they're working on some bullshit ad server. They're working on like one pixel on one corner of one thing. They're worki…”
Dalton Caldwell Apr 20, 2022 ▶ 4:14 Why You Should Leave Your FAANG Job · Y Combinator
Apr 20, 2022 positive
Insight
Caldwell: Good engineers who leave big tech amicably can always return
“If you're a good programmer, if you're a good programmer and you leave and you leave in a nice way, no matter what happens to you can come back. There's actually not that much loss you have to take.”
Dalton Caldwell Apr 20, 2022 ▶ 16:34 Why You Should Leave Your FAANG Job · Y Combinator
Apr 20, 2022 negative
Insight
Caldwell: FAANG engineers mostly learn proprietary tools useless for early startups
“A lot of what you learn is how to use the tools of the FAANG, which you don't get to use when you don't work there anymore.”
Dalton Caldwell Apr 20, 2022 ▶ 7:27 Why You Should Leave Your FAANG Job · Y Combinator
Apr 20, 2022
Insight
Seibel: Big tech bonuses beat startup ambitions without an explicit exit plan
“If you're fighting the bonus head to head with no plan, bonus wins most of the time.”
Michael Seibel Apr 20, 2022 ▶ 19:20 Why You Should Leave Your FAANG Job · Y Combinator
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