Re:Ask HN: What did you do after quitting the IT industry an...
by trcollinson on Sunday January 08, 2017 @12:58AM
(#13348538)
Really? That's a bit short sighted. I have worked with numerous teams that have produced far more value to the organization than that, and I wasn't in high frequency trading. For example, at HP my team of 10 individuals (1 sales, 1 marketing, 1 PM, 7 engineers) produced a well known SaaS product which produced about $800MM in gross revenue at about a 60% margin for HP. That's a whole lot of value per employee.
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Re:Ask HN: What did you do after quitting the IT industry an...
by zump on Sunday January 08, 2017 @05:27AM
(#13349150)
Did you get appropriately reimbursed?
Re:Ask HN: What did you do after quitting the IT industry an...
by trcollinson on Sunday January 08, 2017 @09:51AM
(#13349873)
The quick answer is no. The funnier answer is we received an award for this particular piece of software (which is still in use and sold for phenomenal profits to this day). We were invited to go to an HP board meeting and receive the award directly from Meg. Unfortunately our entire office was shut down and we were all laid off before the reward date so that our division could save on overhead. Our division manager (who I met on the day we were laid off) accepted the award graciously.
Re:Ask HN: What did you do after quitting the IT industry an...
by brokenmachine on Sunday January 08, 2017 @10:43PM
(#13353847)
If there's any better example of why the business world sucks than this story, I'm yet to hear it.
I hope you found something else to do that you enjoy/get paid appropriately for.
Re:Ask HN: What did you do after quitting the IT industry an...
by zump on Sunday January 08, 2017 @10:18AM
(#13349981)
Funny, perhaps HFT is an industry you should consider if you wish to be generously rewarded.
Re:Ask HN: What did you do after quitting the IT industry an...
by brokenmachine on Sunday January 08, 2017 @10:47PM
(#13353863)
I bet if they were paying $800k they were making at least $8M.