News for hackers. Stuff that matters.

A comment on WeWork parent pulls IPO following pushback: sources. Parent comment

Re:WeWork parent pulls IPO following pushback: sources by tempsy on Monday September 16, 2019 @11:05PM (#20990951)
It really isn’t. FB/Goog compensation is still the benchmark as far as industry comp goes, so a private co really needs to be convincingly successful to attract smart, high paid engineers at top tech companies. If they can’t then it’s a completely valid signal that something is up - either comp is well below market, growth story is fishy, management is weak, or something else.
[ Parent | on HN ]
Re:WeWork parent pulls IPO following pushback: sources by robjan on Monday September 16, 2019 @11:18PM (#20991039)
Assumption: smart engineers only care about money.
[ Parent | on HN ]
Re:WeWork parent pulls IPO following pushback: sources by chrischen on Monday September 16, 2019 @11:20PM (#20991057)
His assumption is actually that smart engineers would chase good tech, high stock price increase potential. They already have good compensation being Facebook/Google engineers.
[ Parent | on HN ]
Re:WeWork parent pulls IPO following pushback: sources by echelon on Tuesday September 17, 2019 @12:16AM (#20991473)
Would you work for less if you only had to work Monday through Thursday?

Or if you could take sabbaticals at will?

[ Parent | on HN ]
Re:WeWork parent pulls IPO following pushback: sources by bakuninsbart on Tuesday September 17, 2019 @03:30AM (#20992575)
Work environment makes a huge difference. My current job is pretty harmonious among the coworkers, the bosses and team-leaders are all engineers themselves or at least tech-literate. They are also very preoccupied with the welfare of employees and even kept a completely unproductive (bad fit) employee on for half a year to help him score a new job first.

The customers are almost always happy with what we produce, and while it is certainly not fast growing, the company is steadily progressing in a good direction.

This environment is worth a lot of money to me.

[ Parent | on HN ]
Re:WeWork parent pulls IPO following pushback: sources by hef19898 on Tuesday September 17, 2019 @08:40AM (#20994256)
Stay as long as it remains like this, these places are few and far between!
[ Parent | on HN ]
Re:WeWork parent pulls IPO following pushback: sources by C1sc0cat on Tuesday September 17, 2019 @07:31AM (#20993757)
Probably true for most people, people often Lie about motivations on surveys.
[ Parent | on HN ]
Re:WeWork parent pulls IPO following pushback: sources by rhizome on Tuesday September 17, 2019 @01:22PM (#20997689)
Assumption #2: Google/FB development practices will fit in.
[ Parent | on HN ]