WingNews logo WingNews GitHub [2]
top | item 35426331

Gitlab foundation established to increase people’s lifetime earnings

50 points| pyrodactyl | 3 years ago |gitlabfoundation.org | reply

39 comments

order
[+] rcme|3 years ago|reply
If Gitlab wants to increase peoples' lifetime earning, why not start with its own employees? Didn't they layoff hundreds of people?
[+] sosodev|3 years ago|reply
Yes, they let go 130 employees a couple of months ago. They're also a company whose remote pay is dependent on location. So they're unwilling to pay people what they're actually worth.
[+] TheCoelacanth|3 years ago|reply
That would result in a $1 increase per dollar spent, which is 1% of the ROI they're aiming for.
[+] geodel|3 years ago|reply
While we are at it why not double executive salary. It will increase their lifetime earning.
[+] apple4ever|3 years ago|reply
It would also help if they improved their product with better pricing.
[+] phailhaus|3 years ago|reply
Increasing people's lifetime earnings != "you shouldn't be allowed to fire anyone, ever." I mean come on.
[+] kayson|3 years ago|reply
I know they're just starting, but this is so vague...

> grow their lifetime earnings through education, training, access to opportunities, and systems change on a global scale

What is their actual plan? What opportunities? What systems?

I hope they make a positive impact but so far it just seems like marketing hype.

[+] sosodev|3 years ago|reply
I'm very skeptical of their "North Star". They want the "lifetime earnings" of individuals to increase by 100x their investment. Isn't it extremely difficult to even measure this metric? That is something that would take decades to measure. You can't just extrapolate on temporary increases because people lose/change jobs regularly.

They don't define anywhere in their handbook how they're actually going to measure this AFAICT.

[+] thomasjb|3 years ago|reply
The handbook which is linked is both irritating to navigate, and seemingly anemic. There are, however, hints as to their specific future funding activities, which include Offline Freecodecamp and Last Mile, with hints in the Activities section that lead me to deduce that the activities will be in the communities where Last Mile and the like work. Which is admirable. The results-focused aspect is different to any I've come across before, and I'll be interested to see if there's any future update on how they actually do.
[+] smcleod|3 years ago|reply
I wonder what the research shows behind increasing peoples profits vs decreasing cost of living vs affecting non-financial changes on peoples quality of life and happiness.

Massive over simplification but surely if everyone keeps trying to earn more money - that money has to come from somewhere, inflation happens and we're at where we are now all over again. The game is rigged.

[+] sneak|3 years ago|reply
> Massive over simplification but surely if everyone keeps trying to earn more money - that money has to come from somewhere, inflation happens and we're at where we are now all over again. The game is rigged.

Humans do not all learn at the same rate. We will not be "where we are now all over again", as many people will be much smarter and more experienced.

[+] stcroixx|3 years ago|reply
Seems oddly secretive. Very strange mission. Could be some kind of front funneling money to a rebel group for as vague as it’s written.

What does any of it have to do with hosting repos? Please, just do the one thing.

[+] antipaul|3 years ago|reply
Who are the "people"??

I'm very confused what this actually is

ELI5, anyone?

[+] rpigab|3 years ago|reply
Same here, I have so many questions, are they gonna provide tutorials on how to make money, is it in any way related to Gitlab as a product, is it about directly giving away money, I mean it could be a pyramid scheme for all we know...