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Re:Hype and plunder: Domo a new low for self-indulgent IPOs by tntn on Tuesday June 05, 2018 @12:08PM (#17239038)
Right on. "Silicon Slopes" is surprisingly effective attempt by Utah County people to get investors to dump money there.

Quick summary of the companies in "Silicon Slopes": Qualtrics (surveys), Domo (vapor), Adobe, Micron (fab only, but claim to "silicon" in the name), Nu Skin (MLM cosmetics/diet supplements) , doterra (essential oil MLM), NatureSunshine (MLM).

Great place to be. Lots of innovation in MLMs.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by mabey on Tuesday June 05, 2018 @12:48PM (#17239508)
I hate MLMs as much as the next guy, but "Silicon Slopes" does have some legitimate tech companies as well: Podium, Canopy Tax, MX, InsideSales, Pluralsight, Lucid, HireVue, Entrata, Workfront, Ancestry, Jolt, Teem to name a few.
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by developer12 on Tuesday June 05, 2018 @02:41PM (#17240736)
It takes more than not being an MLM to be a legitimate company. Many you named overspend, spread massive hype, and acquired funding with a story that doesn't match their product and its quality. All traits they share with Domo. As a Utah native I hope we can all start thinking a bit more critically about the companies we work for. Domo's collapse will be felt.
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by ninkendo on Tuesday June 05, 2018 @03:19PM (#17241072)
> Many you named overspend, spread massive hype, and acquired funding with a story that doesn't match their product and its quality.

Sounds a lot like SV to me?

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by tntn on Tuesday June 05, 2018 @03:57PM (#17241454)
The history is important. Silicon Valley has a history of creating undeniably valuable innovations and legitimate companies dating back 60+ years: HP, Shockley, SRI, Fairchild, Intel, Cisco, Apple, etc. This is the backdrop for Silicon Valley.

In contrast, Utah Valley has a history of MLMs. This is the backdrop for Silicon Slopes.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by austenallred on Tuesday June 05, 2018 @07:47PM (#17243189)
What about Qualtrics (profitable) MX (profitable) Omniture (IPO, sold for $1.8B), and if we're digging as far back as Fairchild Utah has Novell, Wordperfect, etc.

I left Utah to come to Silicon Valley, and definitely hate MLMs more than you, but to claim that Utah is only MLMs is just silly.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by tntn on Tuesday June 05, 2018 @08:15PM (#17243338)
> but to claim that Utah is only MLMs is just silly.

I agree. That's why I have not made that claim.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by tntn on Tuesday June 05, 2018 @12:55PM (#17239595)
I know. I also listed some (Qualtrics, Adobe). However, I have no way of telling if some of the companies on your list are any more legitimate than Domo, which has for years been heralded as a legitimate tech company in the area.

To clarify (since not all of the companies you listed are in Utah Valley), my criticism was directed specifically at Utah County, not the whole state (i.e. not Salt Lake City or Davis county).

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by aaronkchsu on Tuesday June 05, 2018 @01:14PM (#17239803)
I don't know why people never mention https://instructure.com for Utah startups but I work for them and they seem great!
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by bkirkby on Tuesday June 05, 2018 @02:12PM (#17240444)
s/seem/are/ imnsho . best place i've worked at in 25+ years :)

strong engineering culture. great products. really, really smart people. management that understands the value of management (and what can be detrimental of management).

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by tntn on Tuesday June 05, 2018 @02:53PM (#17240849)
Again to clarify, I didn't mention them because they are based in Salt Lake. There are lots of great places in Salt Lake, but the discussion above was focused on Utah County (Provo, Orem, Lehi, etc.)
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by codingdave on Tuesday June 05, 2018 @05:01PM (#17242008)
To clarify, you are the only person who has mentioned this split between Utah County and Salt Lake City. You've clearly got a chip on your shoulder, and I feel it is detracting from a productive conversation.
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by Jach on Tuesday June 05, 2018 @05:25PM (#17242227)
There is a split between Utah County and Salt Lake City. Though according to a friend (I moved away a decade ago) the "Silicon Slopes" locally refers mostly to the area in between (centered around north Lehi where Adobe's building is). However there's always https://en.wikipedia.org/wiki/Silicon_Slopes -- while the region spans SLC and Provo, the claim by 'tntn that the marketing purpose of "Silicon Slopes" was largely to concentrate on the more rural areas in between (i.e. most of Utah County) doesn't seem that unreasonable.
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by tntn on Tuesday June 05, 2018 @05:29PM (#17242263)
To clarify, I started this trend of listing companies, and failed to recognize that apparently "Silicon Slopes" refers to larger region than Utah County. Before looking into it more, I would have said that it was only Utah County, since there are massive billboards on I-15 southbound around Draper that say "you are now entering silicon slopes" and the phrase was coined by the founder of Domo.

My mistake. Since the edit window on my original post closed, I tried to explain in subsequent comments what I had in my head when making that first list so that people would realize they don't need to explain to me that all of Utah is not like MLMs.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by austenallred on Tuesday June 05, 2018 @07:49PM (#17243203)
Lehi is much closer to Salt Lake City than San Francisco is to Palo Alto (or, for that matter, Cupertino is to Palo Alto). In fact, you can get from Lehi to Salt Lake City faster than you can get from San Jose to Palo Alto. If you're looking to subdivide regions by a 20 minute drive on the freeway and call one bad and the other good it's going to be a difficult argument to make.
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by thousandautumns on Wednesday June 06, 2018 @10:11AM (#17247268)
Honestly differentiating between Salt Lake City and Utah County is splitting hairs and pointless. The vast majority of people in Utah live on a 40 minute stretch off of I-15, and the "Silicon Slopes" brand is centered right in the middle of it. Basically any tech company in Utah in that stretch from SLC to Provo is considered "Silicon Slopes".
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by bkirkby on Tuesday June 05, 2018 @07:59PM (#17243257)
Instructure has an office in pleasant grove now too (but you are right, they are HQ in SLC)
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by paulddraper on Wednesday June 06, 2018 @09:20AM (#17246878)
I don't work there, but Instructure is the epitome of an all around great company.

They had a billion dollar IPO in a few short years, they hire good engineering talent, and they pay their people well and with great benefits.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by valuearb on Wednesday June 06, 2018 @01:34AM (#17244572)
Adobe? It’s not a startup, and it wasn’t headquartered in Utah, they were in Mountain View, CA when I met with Warnock.

It’s like having Oregon claim EBay because a tiny fraction of the company is in Portland.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by thousandautumns on Wednesday June 06, 2018 @10:18AM (#17247326)
It doesn't have to be headquartered there, nor a startup to be relevant to the tech scene. Its not like its a small office building or anything, its a giant, state of the art campus that employs thousands and they've already committed to expanding further.

Are we going to say Amazon isn't going to be hugely influential in the tech scene of wherever they choose their HQ2 to be, simply because they aren't a startup and are based in Seattle?

[dead]
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by tntn on Tuesday June 05, 2018 @12:56PM (#17239606)
It's mostly just that particular part of Utah. Mormonism is also highly correlated with successful and honest businesses. See https://www.economist.com/node/21554173
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by dustinlocke on Tuesday June 05, 2018 @12:56PM (#17239601)
Built-in social network. Most church-goers automatically have access to a couple hundred people in the neighborhood.

I live in Utah and I hate MLMs so much.

[dead]
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by shemnon42 on Tuesday June 05, 2018 @05:31PM (#17242282)
> Also it pre-selects for people who don't say, "But this story makes no sense whatsoever" after your pitch.

Thanks for exposing your biases, but you are wrong. It's more of a quid-pro-quo exchange on some of these MLMs or trying to be supportive of someone else's venture in your community. Nearly all know it is overpriced and not necessarily what they need, but it is the rapid exchange of social capital that keeps those communities the way they are. Before MLMs it was casseroles, cookies, tools, helping hands, and babysitting.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by mythrwy on Tuesday June 05, 2018 @05:51PM (#17242398)
It should go back to casseroles and tools than.

Because what you are supporting is not your neighbors venture but the those who conned your neighbor venture.

I'm really surprised there isn't strongly worded statements from Mormon Leadership on this but instead there is a big Nu Skin sign on BYU cougar stadium (or was when I was last in Utah). That isn't good.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by shemnon42 on Tuesday June 05, 2018 @06:07PM (#17242500)
Buying items via MLM is no more immoral than buying a used car through a dealer. It's the abuses of that method that are well known, much like the sleezyness of the prototypical used car salesman. But there are actual good MLM salespeople as well as used car salesmen. The method itself is not immoral (It's not gambling) just some of the practitioners.

That being said every single printed congregational directory I've seen has a statement "For Church Use Only - Do not copy without permission from your local church leaders. Not to be Used for Any Commercial, Business, or Political Purpose" - So there is a strongly worded statement about using church resources for your business.

Or perhaps you were looking for this - https://www.mormonnewsroom.org/additional-resource/personal-...

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by mythrwy on Tuesday June 05, 2018 @06:16PM (#17242558)
I think the method (MLM as opposed to a person who is just selling something) is immoral in the same vein that gambling is.

Because it's a consuming and addictive negative expectations game that (generally) takes a persons money and effort without growing the social pie so to speak.

It feeds on persons natural desire to better themselves, to make it in life but this effort is subverted into the pockets of hucksters and scammers rather than actually producing good for the world. In this sense it's like pornography as it subverts a natural tendency into nonproductive or counterproductive outlets.

People become wrapped up in these schemes, they ruin relationships, families and lives. I find this very immoral.

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by s73v3r_ on Tuesday June 05, 2018 @08:00PM (#17243269)
If they really were being supportive, the church would ban all mention of MLM's around the church.