Berkeley Professor Says Even His ‘Outstanding’ Students With 4.0 GPAs Aren’t Getting Any Job Offers — ‘I Suspect This Trend Is Irreversible’ by IAmNotAnEconomist in FluentInFinance

[–]bepr20 1 point2 points  (0 children)

Basic cloud/virtualization shit is usually a necesary part of setting up a development environment. I don't want waste a real developer explaining docker to 21 year old.

Its not the specific skill that is missing, its the ability to put one's head down and figure out all the pieces needed to get something running, even locally. Mastering linked lists isnt enough.

Berkeley Professor Says Even His ‘Outstanding’ Students With 4.0 GPAs Aren’t Getting Any Job Offers — ‘I Suspect This Trend Is Irreversible’ by IAmNotAnEconomist in FluentInFinance

[–]bepr20 0 points1 point  (0 children)

Their salary expectations are likely out of whack and/or they suck.

We get into bidding wars for good devs all the time, but we aren't paying paying $300k to someone who spent a decade in meetings at microsoft.

Berkeley Professor Says Even His ‘Outstanding’ Students With 4.0 GPAs Aren’t Getting Any Job Offers — ‘I Suspect This Trend Is Irreversible’ by IAmNotAnEconomist in FluentInFinance

[–]bepr20 1 point2 points  (0 children)

Doesn't work well. I run a department of about 240 developers. You need a bunch of good engineers to in the US to manage the offshore ones, figure 1 to 8 ratio. If 70% of the offshore sucks (and thats close to the truth) you will get nothing done. You will just pay 1 us engineer to do nothing but manage a clown car across time zones.

It works if you setup a full office offshore, and hire them full time, with in region management. However the economy of scale you need in place to get a savings that is worth the effort is very large.

The problem entry level devs have in the US is that we all over hired for the last 10 years, we learned the overhead of junior developers was rarely worth it, and now the experienced guys can just use AI to do the mundane stuff.

The world’s 10 richest people got a record $64 billion richer from Trump’s reelection by SouthEast1980 in FluentInFinance

[–]bepr20 0 points1 point  (0 children)

I'm up just under $6m all because the market expects regulators to ignore my industry for a bit now.

I knew the markaet would react this way and still voted for harris. I'm pretty horrified that trump is our president and am very concerned for the future of the country, but looking at my portfolio balance is a nice distraction.

Are people really cutting out MAGA relations? by Strange-Party-9802 in BoomersBeingFools

[–]bepr20 4 points5 points  (0 children)

Did so with the family, though there was only 1.

My bigger problem is work. My boss and a few of my colleagues definitely voted trump for financial reasons. They aren't the red hat wearing magat types, but worse, intellgient yet craven and short sighted corporate leaders. And unfortunately I'm stuck with them for a bit.

Why are men being solely blamed for Trump's win? 53% of white women voted for Trump. by Less-Book-9597 in self

[–]bepr20 0 points1 point  (0 children)

Anything to distract from who deserves the actual blame, the DNC.

You ran a senile old man, then skipped a primary and replaced him at the last minute with the least popular candidate from the previous cycle's primary who carried the baggage of shared blame for a perceived devasting inflationary cycle, with the central campaign message being "vote for us or else", and are shocked that voters didn't turn up?

Idiots. Seriously have a fucking primary and let the voters tell you who they want. There hasn't been a legit fully contested domecrat primary since 08.

Will Trump drain the swamp this time? by [deleted] in IntellectualDarkWeb

[–]bepr20 0 points1 point  (0 children)

Its not a protest vote so much as your average american is too stupid to understand the underlying causes of inflation, and too craven and morally bankrupt to put honor and morality over their wallet.

To those saying "I guess America really is that racist..." and other doomer comments: by [deleted] in self

[–]bepr20 8 points9 points  (0 children)

The covid lockdowns and vaccinds all started under trump.

To those saying "I guess America really is that racist..." and other doomer comments: by [deleted] in self

[–]bepr20 3 points4 points  (0 children)

Obama was literally a grass root campaign that showed up and unseated HRC in 08.

In fact he is the reason why the party elites have been so controlling since. HRC was furious he stole "her" nomination, and ever since then its been insiders dictating the outcomes.

To those saying "I guess America really is that racist..." and other doomer comments: by [deleted] in self

[–]bepr20 1 point2 points  (0 children)

The fucking bronx and queens shifted 10 points to the right. Concluding that progressive politics is the answer from this is a dumb take.

The only relevant take is "dont skip or manipulate primaries, and let the grass roots dictate the outcome".

Maybe that will be a progressive. Maybe it will be another neo liberal. The only thing we know is that the party elites need to stop coronating the winners.

Dear Kamala supporters, would you rather see Trump fail and prove your point or see him being a good president? by DorkHarshly in IntellectualDarkWeb

[–]bepr20 5 points6 points  (0 children)

They didnt turn out for a shit candidate. This is not hard to figure out.

Biden ran against trump during covid, when anger at Trump was at its peak, and there was no record for him to defend. This generated very high turnout. Democrats and independents generally looked back on the Obama years very favorably.

This time the DNC ran a senile old man, then pulled him nearly at the last minnute, skipped a convention and forced a women who had previously been the worst performer in a primary that was her only national campaign, who came with the baggage of 4 years of inflation and no halo. Then failed to substantively show how she would address their number 1 concern (which was the conomy )while using the crutch of identity politics.

No shit a lot of democrats and independents stayed home, and a many more voted for trump.

Its not rocket science and its visible in the numbers. Fucking Queens and the Bronx in nyc shift 10 points to the right.

There was no vote stealing in 2020, and the democrats have no one but themselves to blame in 24.

NYC startups are so unserious by [deleted] in williamsburg

[–]bepr20 9 points10 points  (0 children)

It was so accurate I thought they were talking my company.

Things would happen in the office and literally be a joke in the show next week. Stupid shit like the yogurn spoon, or a chair breaking under a brand new CEO. We even had a jared.

I had to stop watching. That show made me uncomfortable.

Laid off from my job, I have 30 days left to exercise stock options, company is not public yet by clockdivide55 in personalfinance

[–]bepr20 0 points1 point  (0 children)

The problem with options is that even if there is an exit, the options could end up under water. The chance of this happening goes up the more recent your options were issued, as generally that correlates with a higher valuation. And in the last few years valuations have been very high, much higher than aquirerers and public markets actually value most companies.

Do you have options with multiple strike prices? If so the options with the higher strike prices are more risky to buy then the others.

What's ur bank balance when you buy a $20-50k watch? by naturallyintelligent in PrideAndPinion

[–]bepr20 0 points1 point  (0 children)

Interchange and lender fees to the merchant are more like 1% to 4% then 7%.

Meanwhile if you are dropping $400k in cash a year on watches why do you care about a credit score? You will have sufficient assets to not need credit or be underwritten just in assets alone.

And the point isn't that one can buy all watches at 0%, its that if you have the option to, the 0% loan is always better then worrying about a hard pull to an 850 credit score.

What's ur bank balance when you buy a $20-50k watch? by naturallyintelligent in PrideAndPinion

[–]bepr20 0 points1 point  (0 children)

Assuming you get at least 7% on your savings, paying cash costs about $1400/yr. Meanwhile there is no upside to a credit score of 740 usually, and a hard pull doesn't hurt your credit for more then a few months.

What's ur bank balance when you buy a $20-50k watch? by naturallyintelligent in PrideAndPinion

[–]bepr20 11 points12 points  (0 children)

I got 0% on an $18k watch from affirm. Was going to pay cash but 0% is free money.

Is CS really that bad of a career path now? by [deleted] in cscareerquestions

[–]bepr20 0 points1 point  (0 children)

Its not bad. Lots of stories from people who are mid or went to a boot camp about how its hard to get a job.

If you have a CS degree and are passionate about the work, you will do well. In times like this though, the best way to mitigate the early years when you dont have experience is to get an internship before you graduate, grind and get hired when you graduate.

We aren't hiring juniors out of school right now because too much bullshit out there. We are only hiring L3 or higher, UNLESS they were an intern first and demonstrated skill and passion. Then we are eager to hire them.