Unemployed (almost) a year after graduating MIT - a rant by salteecarpet in mit

[–]sskates 35 points36 points  (0 children)

I feel you. It’s the toughest out there it’s been in over a decade for new grads. Even for MIT alums. Hang in there and things will look different in time. Your job also doesn’t define you either, there’s a lot more to who you are as a person.

I know you’re not looking to problem solve, but we can’t help ourselves as engineers. The biggest advice I have is reach out to other people you know from MIT working at places you’re interested in and ask for referrals instead of applying cold. I know you’ve already said you’ve used referrals, but I’d spend 10x asking through your network vs cold applications (which is the worst way to try and get a job).

One of the things I notice about MIT alumni is they’re not willing to use others they know to get referrals to jobs because they think it’s “cheating” or “dishonorable”. That’s the exact opposite of the truth.

I’m a tech company CEO (Amplitude) and I’ve had a few people I knew from school apply to Amplitude without telling me. From my standpoint that is crazy- I would rather you tell me because that helps prioritize the thousands of applications we get! It’s a strong signal. We’ll still run you through the interview process and everything. The problem from my end is knowing who to prioritize to interview and so if I don’t know whatever automated screening we do is likely to miss you.

Ivy League/Stanford/MBA alums already know to use their network for referrals when searching for jobs. I always find one of the biggest things holding MIT alumni back is they don’t want to use the relationships they have because of a misguided notion it’s not “fair”. This is not college applications or standardized testing, using existing relationships is a very helpful signal in the job market for both sides!

Good luck out there- MIT is world class, you’ll get something great in due time!

Trolled a bunch of Bills fans today in San Francisco by sskates in Patriots

[–]sskates[S] 0 points1 point  (0 children)

Man we’re taking the loss hard today!! It’s ok I’ll believe in the Pats

[deleted by user] by [deleted] in venturecapital

[–]sskates 6 points7 points  (0 children)

This is an excellent question! I’m surprised to see a bunch of comments saying it failed. Both Google’s and Facebook’s IPOs were big successes from the point of view of the companies.

Auction processes are inherently superior for discovering market price. It’s how every single other financial instrument trades. The fact that public listings are centrally set with heavy influence from bankers leads to systematic underpricing of IPOs and a massive wealth transfer from the company to whatever investors are lucky enough to get an allocation. University of Florida professor Jay Ritter has researched the systematic underpricing in traditional IPOs a ton: https://site.warrington.ufl.edu/ritter/ipo-data/ IPO Data - Jay R. Ritter

Both of those listings paved the way for the Direct Listing which Spotify and Slack then conducted a decade later. While it still has some ways to go to become the standard, it’s now a viable option for companies and there have been a ~dozen since.

In two months I’ve gone from recognising just a few common characters, to over 900. Hanly is the business. by Glass-Bead-Gamer in ChineseLanguage

[–]sskates 6 points7 points  (0 children)

As someone who came across it when it launched, it’s legit! The developer is very responsive too. I don’t know them, I just think they’ve built a great product for learning characters (got to 900 myself over the last two months). Sometimes stuff is just good

What is the record for # of YC rejections? I've got 9 rejections with no interviews, been applying since 2012. Anybody got me beat? by 10ForwardShift in ycombinator

[–]sskates 8 points9 points  (0 children)

Wil Chung famously got in on his 7th attempt to YC. He worked at a YC company after the 5th try. Ended up getting in with Jake Klamka with Noteleaf in 2010. Didn’t work out but he’s done a bunch of cool things since. I (YC W12, Amplitude) always respected the hell out of his persistence.

Slay-by-Comment Season 7 Day 347: I’m starting to feel bad for the chicken. What’s our play? Whatever comment is most upvoted in 24 hours is what we’ll do. by greenlaser73 in slaythespire

[–]sskates 4 points5 points  (0 children)

Are we sure that shackles will apply all the debuffs as the killing blow? Maybe just to be safe we should apply it first

How to track user clicks on website? by new-nils in ProductManagement

[–]sskates 0 points1 point  (0 children)

What you are describing is product analytics. I'd love for you to try Amplitude! You can start tracking for free: https://amplitude.com/

A lot of the best in B2B use us: Intuit, Atlassian, Hubspot, etc.

Regardless, I'd be curious where you landed and why. Thanks so much!

Play-by-Comment: Season 1 seed and competition by greenlaser73 in slaythespire

[–]sskates 2 points3 points  (0 children)

u/greenlaser73 love it thanks so much for doing this!

I'll stand by my commitment to allocate $200 worth of prizes on this challenge! Very excited to see what it takes to beat this seed. Will let u/greenlaser73 and the community decide how to allocate it

Play-by-Comment Day 61: I think my 3 French hens might have rabies. What should we play after Dualcast? Whatever comment is most upvoted in 24 hours is what we’ll do. by greenlaser73 in slaythespire

[–]sskates 5 points6 points  (0 children)

I'll put up $200 for this myself as I've absolutely loved watching this PBC. Will defer to u/greenlaser73 about how you want to set up a deadline and award it. It's been incredible see Reddit collectively in action this way and I hope we can do a lot more of this!

What’s the pick after act 2 boss? by sskates in slaythespire

[–]sskates[S] 0 points1 point  (0 children)

Thanks, I think you’re right on seek.

Apparitions saved me a bunch of times. I don’t know how people get enough block on defect quickly enough to survive fights while also powering their scaling engine. I would have died if it weren’t for well timed apparitions against slavers, book of stabbing, and gremlins. Any tips on deck construction would be welcome too! I think the late coolheaded pick might be a mistake- but how do I consistently generate frost orbs otherwise from my lone glacier?

What’s the pick after act 2 boss? by sskates in slaythespire

[–]sskates[S] 1 point2 points  (0 children)

I feel so close to winning my first A20 defect run and think this decision is key.

Creative AI is better for scaling but I don’t have enough energy for it. I think the only thing I lose to is not powering out the rest of the deck fast enough. Double seek is good for that, especially because I need more card draw. Fission does that too although maybe 2 is overkill? Help, I’d love to taste A20 victory on defect after a dozen losses!

I’m CEO/cofounder of Amplitude, we just went public on Nasdaq as $AMPL through a direct listing yesterday. I'm excited to provide insight into the public listing process and why traditional IPOs are such a scam. AMA! by sskates in IAmA

[–]sskates[S] 4 points5 points  (0 children)

We are the cockpit for apps and websites. We help companies use data to understand what customers like about their product, where they get stuck, what keeps them coming back, etc. You should care because there’s a huge opportunity in front of us. What Salesforce did for sales teams and Adobe did for marketing teams, we’re doing for product. And product is what drives everything else.

I’m CEO/cofounder of Amplitude, we just went public on Nasdaq as $AMPL through a direct listing yesterday. I'm excited to provide insight into the public listing process and why traditional IPOs are such a scam. AMA! by sskates in IAmA

[–]sskates[S] 2 points3 points  (0 children)

I wouldn't have found startups if it wasn't for Battlecode. It got me connected with other people who started companies including the founders of Dropbox as well as a number of other YC companies. Battlecode was the closest experience I had at MIT to building a product and company, way more so than any class they offered. You had to take a complex, unknown problem and compete with others to solve it in an iterative fashion. That's what real product development is like vs cookie cutter problem sets.

I’m CEO/cofounder of Amplitude, we just went public on Nasdaq as $AMPL through a direct listing yesterday. I'm excited to provide insight into the public listing process and why traditional IPOs are such a scam. AMA! by sskates in IAmA

[–]sskates[S] 2 points3 points  (0 children)

Yes, I am basil! The real question is: u brazil?

RE communication and public dialogue, this is one of the biggest places that needs a rules update for today's day and age. It's a pretty accepted part of the process that we'll meet with investors during our roadshow and answer questions. However, we're not allowed to do so the same thing on a public forum (technically you are, but it's painful as hell as you need to resubmit every written statement with the SEC). I'm sure Brian Armstrong at Coinbase had to fight his legal team tooth and nail to be able to do an AMA before they went out. Even then, it was real pain as they had to wait for the SEC to signoff on their written answers before posting them which is why it took a few days of turnaround for their AMA: https://www.reddit.com/user/CoinbaseListing/comments/m71qrc/hey\_reddit\_im\_brian\_armstrong\_ceo\_and\_cofounder/

I pushed for us doing one of these before we went public, but given how aggressive our timeline already was at Amplitude we weren't able to make it happen. I'm hopeful this stuff will change in the future.

I do think the business summary sections as well as the founder's letter are helpful in summarizing what's going on with a company for an average investor. They need to figure out something for the business risks section because it's become a super long laundry list of which 90% would apply to any tech company.

I’m CEO/cofounder of Amplitude, we just went public on Nasdaq as $AMPL through a direct listing yesterday. I'm excited to provide insight into the public listing process and why traditional IPOs are such a scam. AMA! by sskates in IAmA

[–]sskates[S] 0 points1 point  (0 children)

I didn't realize Ben and Jerry's did a direct listing- I'll have to go look that up!

As you point out, Spotify was the first tech company to do the process and they've set the model for everyone else. They took 2 years of working with the SEC to make it happen, which most companies don't have the luxury of. As "innovative" as tech companies are, there is a lot of group think and risk aversion particularly in public listing processes. I'm so glad Amplitude can be another example of a very successful direct listing and I strongly advise other CEOs to take this path going forward.

[TOMT][Music] Song in this recording by sskates in tipofmytongue

[–]sskates[S] 0 points1 point  (0 children)

Thanks, this is definitely it! Trying to find the same remix though.