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yueq's comments

yueq | 9 years ago | on: Snap commits $2B over 5 years for Google Cloud infrastructure

Facebook is not a good example here. Back to early 2000s there was no Cloud infra so they started from inhouse. Snap is a different story since they not only use GCloud but also have Google engineers support and oncall for them. Snap focuses on the Product and Growth that creates much more value.

yueq | 9 years ago | on: China has wealth of data on what individuals are doing at a micro level

The key issue is the data is on sale or not or potentially could be sold.

Agencies collecting data is totally fine. No one can avoid it in this world nowadays. Showing IDs seems very old-school. Remember PRISM? As long as one is using a smartphone, they are being tracked every single second.

yueq | 9 years ago | on: China has wealth of data on what individuals are doing at a micro level

Many people might not know, in US, credit card transactions/payments are on sale by various sources. There's a very active market for this and some fintech startups are solely based on this kind of data. Since most of our financial life is based on credit card, we are under surveillance at a micro level in a similar situation.

The issue is we not only use 'services', we handle data to the service providers. Data under their custody is usually stored and transferred with less secure protection, like on a thumbdrive or sent by email attachments. I don't see this situation will get any better soon.

yueq | 9 years ago | on: Big IPO, Tiny Payout for Many Startup Workers (2015)

Companies should be more transparent about options they give to employees.

I was once offered with X shares of options from a well-funded startup. X seems like a relatively large number. But the company didn't want to disclose neither of the following to me but just selling me `this is a good offer`,

1. percentage offered 2. FMV per share 3. strike price

The company is OK and the job is interesting. But this opaque destroyed trust between two parties. This is a completely a joke and I turned down the offer.

yueq | 9 years ago | on: Dropbox Could Have One of 2017’s Most Interesting IPOs

Dropbox is anti-SaaS -- it expects users will have more 'files' and use more storage, but users are actually moving to SaaS services where the concept of files just doesn't exist.

Many usages from hackernews readers are too techy and not for consumers -- like cross-platform or using as git repo. iCloud, Google Photos, Facebook and YouTube took majority of consumer storage needs aka large photos and videos.

I think enterprise market is their best bet but Box /Google/Microsoft are dominating in this space.

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