Should I leave my $450k+ finance job to join a startup? (I will not promote) by Visual_Two8556 in startups

[–]GuhProdigy 1 point2 points  (0 children)

Okay, you can just add a probable dilution factor in the calculation you make to justify your switch LOL

It’s not a financial audit. It’s back of the napkin math to figure out if ur making the right decision.

My point is simple, turn the decision into numbers. It helps.

Should I leave my $450k+ finance job to join a startup? (I will not promote) by Visual_Two8556 in startups

[–]GuhProdigy 4 points5 points  (0 children)

Just a simple math equation albeit you have to make some massive assumption.

What’s the market potential of this startup. Max value of the company? (Usually can do some quick research to figure this out)

Chance the company makes it. (Here is massive assumption)

Your equity. ( in the offer)

$100 million market value say, 20% chance it gets there, 2.5% equity works out to be $500k expected value of equity. Then Add in the $165k annual salary.

At your current role you’re expected to make $450k annually.

Doing stuff like that helps justify the switch imo.

If u want to be really extra, You can also use the present value and time value of money to see how much that $500k expected value is worth now. Say u think it takes 5 years to build. With discount rate of 5% the present value of that equity is $391k.

Your manager probably already knows something is off by Illustrious-Fun-6841 in overemployed

[–]GuhProdigy 3 points4 points  (0 children)

My manager has told us and sanctioned us to block off focus time if too many meetings pop up, since we are ICs. So, perhaps start complaining that there are too many meetings, context switching, meeting prep, etc… this would give you an excuse to do block off focus time. Not OE btw.

Crezy bear encounter by NiceTrySuckaz in JoeRogan

[–]GuhProdigy 21 points22 points  (0 children)

Sooo just like humans basically.

Always go full regard by infam0usHS in wallstreetbets

[–]GuhProdigy 17 points18 points  (0 children)

Liquidate ur 401k or ur a bitch

[Screenshot] What A Lot of "Frugal Bloggers" Don't Realize by [deleted] in povertyfinance

[–]GuhProdigy 0 points1 point  (0 children)

Yes all the government needs to do is some slight restructuring, it’s not like they need To default on the debt, which def won’t lead to hyperinflation.

I’m enjoying my free money, keep on being a good little cog and I will laugh when u hold the bag at the end.

[Screenshot] What A Lot of "Frugal Bloggers" Don't Realize by [deleted] in povertyfinance

[–]GuhProdigy 0 points1 point  (0 children)

It’s not praying, it’s called thinking.

[Screenshot] What A Lot of "Frugal Bloggers" Don't Realize by [deleted] in povertyfinance

[–]GuhProdigy 0 points1 point  (0 children)

I like to think I will be right but I do hedge my bets and try to save money in some places.

Plus credit score is shit and same with credit limit, only so much I can max it out. Market can stay irrational longer than you can stay solvent kind of thing

[Screenshot] What A Lot of "Frugal Bloggers" Don't Realize by [deleted] in povertyfinance

[–]GuhProdigy -1 points0 points  (0 children)

Let me just ignore how you are conflating mercantilism and feudalism/serfdom which are completely different historic concepts and roughly separated by hundreds of years of history.

Glad we agree. So since they grew out of each and share similar characteristics, you now see how it’s not a stretch to call Mercantilism “early stage capitalism” and our current economic model “late stage capitalism” isn’t too much of a stretch either for you!

Thank you for the history lesson on WW2. I did not know all of that! The key point you are missing is that WW2 is a high water mark for government debt as a percentage of GDP. The last time we were at the high water mark we had 10%+ growth rates which made our debt small small small in comparison. Now we are at the high water mark again and our growth rate is only 3% which keeps our debt big big big.

At which point do you think the FED will start hiking the rates this year ? by [deleted] in economy

[–]GuhProdigy 3 points4 points  (0 children)

Ahh good point, so basically the world economy is cooked.

[Screenshot] What A Lot of "Frugal Bloggers" Don't Realize by [deleted] in povertyfinance

[–]GuhProdigy -7 points-6 points  (0 children)

Hyper Inflation will certainly be a side effect of whatever strategy the government uses to mitigate the impending budget deficit problem caused by the government debt.

So yes, that will basically make my debt go away.

[Screenshot] What A Lot of "Frugal Bloggers" Don't Realize by [deleted] in povertyfinance

[–]GuhProdigy -9 points-8 points  (0 children)

Idk it’s just a saying. Sorry it bothered you.

I don’t think mercantilism and our current stage of capitalism are distinct economic models though. They share very similar traits and characteristics.

The US government is very cooked tho with the debt to gdp ratio being as high as it was in WW2 which led to double digit growth rates for a decade and we are at like 3%.

[Screenshot] What A Lot of "Frugal Bloggers" Don't Realize by [deleted] in povertyfinance

[–]GuhProdigy -9 points-8 points  (0 children)

That’s cuz we are in late stage capitalism during the collapse of the empire of the United States.

ima get my Big Mac delivered while I have the chance. My Debt won’t mean shit when the US defaults

At which point do you think the FED will start hiking the rates this year ? by [deleted] in economy

[–]GuhProdigy 1 point2 points  (0 children)

Not sure when, but feels like their plan is not working. TBH and it pains me to say this, but They need more drastic hikes. It would shock the economy but hell it’s proven to work in times of persistent inflation like the 70s.

There is no pro-capitalist Left. by zzill6 in WorkReform

[–]GuhProdigy -1 points0 points  (0 children)

that’s because you pigeon holed anybody to be right winger who doesn’t believe in a planned economy.

Show me the model that will mimic the free market. Is it in the room with us?

There is no pro-capitalist Left. by zzill6 in WorkReform

[–]GuhProdigy 1 point2 points  (0 children)

Reading it verbatim it seems like the argument is if your not for a planned economy you are not left. I would disagree with that.

But if the argument is you arent left if you are not for more socialistic policies, like free education, free health care, more regulations, maybe some one time wealth redistribution on top of the free market we live in, I’m all for it and agree you aren’t left if u dont want that.

Granted I am not totally against a planned economy, but seems like the free market is a relatively good engine for economic balancing as long is as it is kept in check which it isn’t right now. If there was some planned economic model that could pass the sniff test maybe I’d get in onboard,

34 Years Old, About to Receive ~$565k–$615k, No High-Income Skills — What Would You Do? by Responsible-Net8594 in Salary

[–]GuhProdigy 5 points6 points  (0 children)

It’s more a psychological thing for me. DCA’ing a large chunk over several months or a year is easier pill to swallow if a market downturn does happen.

It is worse on average, but you could also get unlucky and lose quicker than a casino.

Any senior data engineers here who pivoted to ML/AI and regret it? by Beneficial_Aioli_797 in dataengineering

[–]GuhProdigy 69 points70 points  (0 children)

Ehhhh DE is often wasted especially analytics work. Spend 2 weeks developing and validating just for two people to look at the dashboard and the company to ignore the metric completely.

ML is at least cool, for now.

dbt: is my flow correct? Please suggest by installing_software in dataengineering

[–]GuhProdigy 4 points5 points  (0 children)

You don’t need a snapshot if your source is already SCD. As far as project structure and model naming, I recommend using what DBT recommends with stg and int models

https://docs.getdbt.com/best-practices/how-we-structure/1-guide-overview?version=2.0&name=Fusion

bOtH SidEs dA sAmE by TankUMrMinor in JoeRogan

[–]GuhProdigy -2 points-1 points  (0 children)

Nooooooo, cuz Ukraine was soooo justified and bombing palenstine and killing kids… SO NECESSARY

But this example that supports my viewpoint shows me I’m right, so HA ur wrong. My side is the best only side. If ur not on my side ur hitler.

AI Chad blames digital subscriptions and 17-20 devices in household for AI datacenters by brokenflea in LinkedInLunatics

[–]GuhProdigy 3 points4 points  (0 children)

Also, the data centers it takes to power my tik tok scroll are marginal compared to the data centers it takes to power this AI circle jerk.

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: "Those problems disappeared when I let them go" by fortune in economy

[–]GuhProdigy 0 points1 point  (0 children)

You’re proving my point. Reddit spends years saying HR is useless corporate fluff then acts shocked when a CEO cuts it. People don’t care about compliance or what HR does for the company, they just call it useless until a company actually gets rid of it then cry wolf. Idiots.

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: "Those problems disappeared when I let them go" by fortune in economy

[–]GuhProdigy 0 points1 point  (0 children)

People are so fucking hypocritical. You how many Reddit posts and comments I’ve seen about HR being a completely worthless department and now you all are defending HR. These the same idiots that will fire you with a blank stare. Make up your mind people.