With a 6 year vesting schedule a new employee is 'buying' 0.1% worth of shares for 30k in salary. A 30MM valuation, or 5X the 6MM cap on the convertible note.
I don't know how Github runs, but it sounds nothing like Holacracy. The author is confused (as are many people on this thread).
Six months ago, I switched my company (over 50 full time employees in 3 cities) to Holacracy.
I'm here to tell you that I'm 100% convinced that it's a huge step forward in terms of any organizational system I've come across.
There's nothing 'flat' or 'manager-less' about it. It's a complex and intricate system that leads to greater clarity, less politics, and better distributed decision making.
Accountabilities are clearer, meetings are more efficient, and more voices are heard. Holacracy explicitly avoids design/decide by committee.
If you're running a company with more than 10 employees, I highly recommend you take a serious look at Holacracy. It's the best decision I've made by far, and I'm never going to work for, or start another company without running it this way.
If you're earnestly curious, drop me a note and I'll be happy to talk about it more with you.
I have been very surprised at the discrepancy between the level of dialogue.
When the discussion on HN is around almost anything, I find myself often learning, and surrounded by comments that are smarter, and more informed than any I would find in the real world.
When it comes to gender issues though, I think we as a community in general tend to be pretty behind.
I truly love HN. More than any other place on the interweb, this one has impacted my life in very real ways. I do however, cringe when the topic veers towards sexism. I think we can do better.
Regardless of what you think of Adria's actions, it's not hard to imagine that the last two weeks must have been hellish for her.
I think it's brave and noble for her to make (what seems to me) to be an attempt at civil dialogue.
In effect she's saying: I want to keep talking about this, and including everyone in the conversation. After all she's been through. That's an impressive thing to say. Regardless of how many lawyers it got filtered through.
a. Resist the urge to pick apart the OP's life and criticize how/what she said.
b. Honestly reflect, without shame or blame, about what you know of sexism. What do you understand of it? What do you understand it's roots are, and how it works? What do you think your responsibility is, as a man, and as a member of this community?
I invite you to do this, because it's a charged topic, but an important one. See if you can look past the hurt feelings and accusations, and sincerely reflect on what you can do to understand how sexism works a little better, and address it.
EDIT: I am by no means an expert on the topic, but I've spent the past few years earnestly looking at how oppression works and keeping an open mind. I was truly astounded by the magnitude and difficulty of the problem.
Why, oh why, do you have to pit Dev Bootcamp against a CS degree? Nobody is saying that algorithms and compilers should be dismissed, or that CS degrees should be abolished. That's certainly not our position.
Education is a nuanced and rich topic, and shouldn't be reduced to "CS GOOD. DEV BOOTCAMP BAD" or the other way around.
We're in a market right now where companies are willing to take on total beginners who show potential, and pay them to continue learning our craft. What the hell is wrong with that? And are you suggesting that we stop teaching new developers in order to protect people's salaries?
As far as I can tell, there will be high demand for good engineers for the foreseeable future.
And please don't reduce our work to "can build a Web app from following tutorials on RoR". You clearly haven't met any of our graduates. It pisses me off that you dismiss everyone's hard work without knowing anything about us.
<general plea>
Will everybody please get off their fucking high horse (Yes. I realize I'm on one too). Our industry is young, and we're all just figuring this out together. Nobody has all the answers and few things are black and white. Especially when it comes to the mess that is education and vocational training in this country.
Also. Not a box. zomes.com