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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    Patrick McKenzie‏ @patio11 Feb 5
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    One of the best things we could do to decrease the impact of scams in the world is to outcompete Evil, Inc. for their specialists and mid-level managers by opening up the hiring window where Evil, Inc. operates.

    5:05 AM - 5 Feb 2020
    • 6 Retweets
    • 68 Likes
    • vsemkin Diego Henrique Robert Martinez im only 5'3 Jacob Stanley Trevor Blackwell Murali sankar Bill Palombi Mel
    5 replies 6 retweets 68 likes
      1. New conversation
      2. Patrick McKenzie‏ @patio11 Feb 5
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        Scene: performance review season at Evil, Inc. Director of Engineering: I'm really concerned about turnover on your team this year. Line manager: Look, I don't set the budgets. I only pay what you give me. Google pays more. What do you #%()#%ing want from me. DoE: #&%ing Google.

        3 replies 2 retweets 21 likes
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      3. Patrick McKenzie‏ @patio11 Feb 5
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        Some people might think I'm speaking in a metaphor here, but mostly no, I think a large portion of all scams by dollar impact are run by professionals at organizations which note-for-note resemble well-operated capitalist businesses. Quarterly targets, payroll, HR managers, etc.

        6 replies 3 retweets 35 likes
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      4. Patrick McKenzie‏ @patio11 Feb 5
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        Scams aren't so different than SaaS companies. You can run them as an artisan in a bathrobe, and that has been done before, but there's a competitive marketplace, prices for leads increase as specialized operators build businesses processes to metabolize them, and pros win.

        3 replies 2 retweets 19 likes
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      5. Patrick McKenzie‏ @patio11 Feb 5
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        In equilibrium you should generally expect artisans on the fringes panning for gold and professionals sitting in air-conditioned offices in what were formerly mining towns.

        1 reply 0 retweets 26 likes
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      6. End of conversation
      1. New conversation
      2. manuele ᐝ‏ @mjsarfatti Feb 5
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        Replying to @patio11

        What kind of scams are you referring to? Would you be able to name a few?

        1 reply 0 retweets 0 likes
      3. Patrick McKenzie‏ @patio11 Feb 5
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        Replying to @mjsarfatti

        Credit card fraud. Bank fraud. Mortgage fraud. IRS refund interception fraud. Impersonate your CEO then direct CFO to wire out $45 million. etc etc, there's a million things that look like this.

        5 replies 0 retweets 10 likes
      4. 3 more replies
      1. bendodge‏ @bendodge Feb 5
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        Replying to @patio11

        Open the hiring window in certain countries? Or am I misunderstanding?

        0 replies 0 retweets 0 likes
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      1. Jeff Swensen‏ @jsswensen Feb 5
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        Replying to @patio11

        Why would a company want to hire someone willing to do unethical work in the first place? Go to the root: teach ethics and personal responsibility in school.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Jeff Lonsdale‏ @JeffLonsdale Feb 5
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        Replying to @patio11

        Interesting argument for doing more emerging market hiring...

        1 reply 0 retweets 0 likes
      3. Jeff Lonsdale‏ @JeffLonsdale Feb 5
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        Replying to @JeffLonsdale @patio11

        Not just any EM - but EM where the rule of law is relatively low on both an institutional and cultural level.

        0 replies 0 retweets 0 likes
      4. End of conversation

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