Health & Wellness
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Deadlifts - severe lower back pain
Ask Blinders
Yesterday
1277
Do women prefer coffee dates since they can bail if they don't like the guy OR does it make them think the guy is cheap?
Personal Finance
Yesterday
949
NRI in late 30s and low nw. whats your gameplan
Personal Finance
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What can you buy with 5M
Tech Industry
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21756
😬 crazy? I want to invest $300K in Nvidia
I got an offer, but I'm not sure if I should accept it because I've heard horrible things about their Monolith. Is it really that bad? TC: 300 #upstart
Honestly I think people with little experience or expertise tend to be the ones complaining about “monoliths” the most. Microservice architectures are often much more complex and at least as difficult to reason about. Often times people will see a Java project with multiple Maven modules, but don’t understand anything about Maven modules, then immediately claim that the app is a monolithic piece of trash. So I guess it depends upon what you’ve heard exactly and the credibility of the source.
What’s the offer amount & yoe? Interviewing with them right now
From Uber to Upstart? Think twice
Upstart had layoffs recently. No impact on the engineering team for now, though. When the economy slows down, loan applications will reduce, which will impact Upstart bottom line. https://techcrunch.com/2022/11/01/upstart-layoffs/
Run as fast as you can
+1
Why do you guys think low of your company? I’m sure some teams might be working to convert the monolith to microservices. Why don’t you look at the positive side of it?
Wait til Q3 earnings (next week) before deciding
I would say take it. The stock would hit around $15 once q3 results come.you will be going in lower side of stock price. Even the stock hits $45, which it definitely would in next 24-36 months, your total comp would increase significantly. The company is just scratching the surface, if the execution at the top level goes right, this is a 10x-20x opportunity. The monolith can always be transitioned to microservices. It just matter of time. They have very good ppl and culture. If you can take a little bit of risk on the short term, taking upstart is a no brainer decision. Just my opinion. Lot of long term upside.
I would not risk with Upstart given market conditions lol
I would join Upstart. Yet even with these headwinds, Upstart's innovation has industry-disrupting potential. Although it could be a bumpy couple of months until interest rates and bond yields peak, Upstart has the technology in place to double your money by mid-decade. "Upstart predominantly focused on personal loans -- a $146 billion loan origination market. But beginning this year, it's broadened its horizons to include auto loan originations and small business loans. Auto and small business loans combine for nearly 10 times the origination potential of personal loans." https://www.nasdaq.com/articles/nasdaq-bear-market%3A-3-remarkable-growth-stocks-down-over-90-that-can-double-your-money-by
Yes join SoFi instead. Our microservices have microservices.
Lol
Rofl