Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

Tweets

Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

Tweets

  • © 2018 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Garry BUIDL Tan‏Verified account @garrytan Aug 11
      Replying to @semil @Suhail

      There are fewer Mixpanel-style opportunities. Nobody was doing analytics quite that way and it pioneered and commercialized a green field in a lot of ways. Blue ocean. More red oceans these days. Or worse: solutions in search of a problem.

      1 reply 1 retweet 13 likes
    2. Semil‏Verified account @semil Aug 11
      Replying to @garrytan @Suhail

      imo that’s secondary. Mixpanel only a few years ago but today is a diff era of competition for talent. Early stage VCs see this issue w/ most clarity.

      1 reply 0 retweets 5 likes
    3. Villi‏Verified account @villi Aug 11
      Replying to @semil @garrytan @Suhail

      I would agree w Semil. I have been alarmed by the inability and cost to scale in the Bay Area. As a founder, you either have to be able to recruit (worked w great people before) or you have to look beyond the Bay Area. Talent does not really find you.

      2 replies 0 retweets 11 likes
    4. Garry BUIDL Tan‏Verified account @garrytan Aug 11
      Replying to @villi @semil @Suhail

      The bigger story is that mega tech is paying a lot more money than startups can, even outside the SF Bay Area. That wasn’t true before.

      1 reply 2 retweets 32 likes
    5. Suhail‏Verified account @Suhail Aug 11
      Replying to @garrytan @villi @semil

      People care less about equity than before. The trend of assume it goes to $0 is growing. Hard to offset cash now.

      2 replies 6 retweets 47 likes
    6. Suhail‏Verified account @Suhail Aug 11
      Replying to @Suhail @garrytan and

      For a while, we just handed a lot less equity out & used cash. Then, when people performed, we handed out bigger chunks of equity (instead of cash) to retain people once they became believers.

      2 replies 1 retweet 19 likes
    7. Suhail‏Verified account @Suhail Aug 11
      Replying to @Suhail @garrytan and

      No point in "paying" market comps for an asset people don't initially care about.

      2 replies 1 retweet 11 likes
    8. Garry BUIDL Tan‏Verified account @garrytan Aug 11
      Replying to @Suhail @villi @semil

      Conversely go even harder into equity based comp because that is the true measure of true belief I also think the general belief level of startup employees have gone down (not without good reason, lots have been taken advantage of by bad startups) Equity is for true believers

      3 replies 4 retweets 35 likes
    9. Suhail‏Verified account @Suhail Aug 11
      Replying to @garrytan @villi @semil

      It's so hard to help employees understand the value of their equity as a private company unless you're raising rounds every few years. If you tell them what it’s “worth”, you risk heightened expectations. If you don’t, uncertainty creates fear & confusion.

      4 replies 3 retweets 32 likes
    10. Austen Allred‏Verified account @AustenAllred Aug 12
      Replying to @Suhail @garrytan and

      I’ve found it’s almost 100% correlated with whether they know someone who actually made money from equity. Makes me wonder what the net effect of fewer companies going public will be. Secondary markets not as transparent, not as obvious if/who got rich.

      1 reply 1 retweet 6 likes
      Austen Allred‏Verified account @AustenAllred Aug 12
      Replying to @AustenAllred @Suhail and

      Combine that with a skyrocketing cost of living in SFBA and FAANG salaries being huge ($200k is the new $100k) and I get why people want cash instead of being wealthy on paper assuming things work out

      7:03 AM - 12 Aug 2018
      • 1 Retweet
      • 9 Likes
      • Luke Hansen Philip Isenhour Coen Hyde Rahul Ramchandani Shami Jason Leo Carvalho Varun Fatehpuria 📊 👨‍💻 🕵️🗯️🤖🧐 Jim Moodie
      0 replies 1 retweet 9 likes

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2018 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Cookies
        • Ads info