Summary Disrupted My Misadventure in the Start Up Bubble Ebook by Dan Lyons

Characters Disrupted My Misadventure in the Start Up Bubble

Summary á Disrupted My Misadventure in the Start Up Bubble 108 Read ↠ eBook, ePUB or Kindle PDF ↠ Dan Lyons Characters Disrupted My Misadventure in the Start Up Bubble For twenty five years Dan Lyons was a magazine writer at the top of his profession until one Friday morning when he received a phone call Poof His job no longer existed I think they just want to hire younger people his boss at Newsweek told him Fifty years old and with a wife and two young kids Dan was in a word screwed Then an idea hit Dan had long reported on Silicon Valley and the tech explosion Why not join it HubSpot a Boston start up was flush with 100 million in venture capital They offered Dan a pile of stock options for the vague role of marketing fellow What could go wrong HubSpotters were true believers They were making the world a At the height of his Fake Steve Jobs fame Dan Lyons gave a talk at Google s Mountain View campus I was unable to go due to travel or likely some stupid meeting but several friends went One of them was excited to report that Mr Lyons was just like me even down to the acne scars all over our necksWhile I m a fan of Mr Lyons and I really enjoyed the book I m not sure how I feel about him taking the job at Hubspot in the first place If you are taking a job with a purposely vague title like marketing fellow and oh how the tech industry loves to lift titles from other industries like that then it s reasonable to assume that flexibility will be reuired in the responsibilities of that roleSo this was not a culture fit and not in the age discrimination way though there was plenty of that if someone takes a vaguely defined role and then essentially complains about the lack of structure while asking permission to do stuff Perhaps this came from working in structured newsrooms I have no idea because my idea of what newsrooms are like comes from Mencken s Newspaper Days and the Daily Bugle in Spiderman comicsHaving gotten that unpleasantness out of the way I still greatly admire the little tech carpetbagger for his determination to leave no bridge unburned and for his sharp observational skills I was so captivated by the book that I read it straight through in one sitting I started a list of all the things that I felt Mr Lyons got right about startup culture along with my own thoughts Being managed out I ve only seen it happen to other people natch but the part with Trotsky is about as good of a description of being managed out as you are going to read Early employeeFriend of CEO effect The book perfectly captures the way that early employees and they are loaded up with stock so when the company goes public they will make oh so much than you will can hunker in to the company and make life miserable for everyone else Boiler room approach to tech Basically anything that can t be automated outbound calling approving ads or websites turning pages in a book at tech companies are done with rooms full of recent grads The bottom 5 10% are culled every so often and replacements are brought in There are buildings full of these people in and around Mountain View BS creation myths for start ups It has always annoyed me how most startups need a creation myth YouTube has this story about the founders being at a dinner party and wanting to share videos that they made blah blah blah But you can go on archiveorg and see very clearly that it was set up to be a dating site sort of a video Hot Or Not I am certainly guilty of repeating these false narratives at countless sales calls though Age discrimination I was being called old man and similar even back when I joined Google at 35 I even remember in my early 30s the son of the CEO where I worked scrunched up his face and asked me What are you Like 40 I m still not sure what he meant by that I still get a comment every few weeks or so that I m not crazy about so I close my laptop and stop working for the day in response I don t think my age affects my ability to get hired because I ve always felt smarter and employable then just about everyone around me I went to a conference a few weeks ago and half a dozen companies were interested in hiring me though I m very happy where I am now thankyouverymuch Can t step in the same river twice Mr Lyons paints this as a bad thing but he captures the chaos and change at a fast growing start up It means there will be wasted effort which isn t great but it also creates great opportunities And when I feel like uitting a start up job I remind myself or someone else does that everything will change in about 3 months anyway so I put a tickler in my calendar to reconsider until then The weird linking of personal and work life This has only gotten worse over the past decade or so I have noticed The way he almost gets fired for a FB joke is worse than anything I ve seen but I don t doubt it It was really common for co workers to date early in my career but now I know of apartment buildings where the majority of the apartments are taken by people from one company The norm today seems to be for co workers to live and play together in a huddle like puppies This is something obviously not possible for middle aged workers except maybe as the premise of a sitcom Discrimination against funny people In Silicon Valley genuine humor is always frowned upon and turned against you mainly because humor always has an element of truth to it and shows a clarity of perception two things that are never tolerated in tech In almost every review I have had my sense of humor has shown up in the negative or needs work column even when managers are friends So if your humor idols are Wilde Thurber Benchley Mencken Lynde think twice before saying anything and don t drink too much at company events If you think Friends and Big Bang Theory are hilarious you will go far They may even put you on the April Fools Day joke committee VC industry level view The the book zooms out the it becomes truly great This is where Reporter Lyons takes over from Tech Carpetbagger Lyons and I learn a whole bunch of stuff about how this current boom is being funded and how the wealth is being transferred These parts are worth the price of the book alone BS review methodology Google used to do this too They had this big long Drake euation thingie where they plugged in your performance your department s performance Google s performance etc The upshot every year was 1 you are average 2 the company is spectacular 3 here is a bunch of money 4 shut up and go eat some free food It felt like a sad Christmas each time It always came out to just over my expected bonus anyway so I never understood the psychology of messing with my head No one understanding pop culture references This always trips me up being a generation ahead of most co workers There was a time when a Caddyshack reference always got a laugh in sales situations Hey Lama how about a little something for the effort I was talking about a recent vacation and I mentioned that my Spalding Gray Swimming to Cambodia moment finally happened when Jethro Tull came on the radio in my bitchin Camaro The conversation uickly ground to a halt I realized it would take at least 20 minutes to unpack all of the dated cultural references I made so I softly said never mind and saved it for people closer to my own age I try to stick to Classical Greek and Roman references because they are the foundation of our culture and it s not my fault if people don t get them You d be surprised how often you can work in a reference to the Thirty Tyrants or Xenophon s Anabasis Asymmetric loyalty s My career spans three recessions so I m always ready to bug out like a MASH unit I don t keep any on my desk than I can fit in my backpack I ve seen layoffs blamed on everything from 911 to California s Governor Davis Everything except poor management Open offices The next logical step in the modern office is to have organ grinders walk around while monkeys jump on desks knocking things over If I didn t know better I d think that our backs are exposed to emphasize that we workers are low status primatesWhat was missed or what I d like to read in the seuel I m available to speak on deep background McKinsey colonization If Mr Lyons had stuck around a few years he would witness the stage where the ex McKinsey and a few ex Bain consultants come in to form a biz ops department and start rationalizing the business processes I am usually long gone by then This was dramatized in Office Space when the Bobs come in except these Bobs are way smarter than me way better educated than me and super super evil God help anyone who doesn t fit neatly into one of their spreadsheets People staying too long at companies In my experience people stop learning useful skills around 5 years at a company unless they change positions or radically change what they are working on After those 5 years they just learn company politics how to hire friends how to fly 1st class what VP to schmooze for what So when someone leaves or likely is laid off after 10 years they will expect to be paid for 10 years experience when they really only have 5 years of relevant experience Push down of risk and upside There was some mention of egregious rounds like Groupon s last round but a discussion of investor preference and conversions and cram downs would have been great too Also I m pretty sure that Mr Lyons had to wait 6 months to sell his stock This is the standard these days so that preferred stock has plenty of time to bail out first if necessary The other trend is that companies go public at a way higher valuation these days which reduces upside for rank and file employees Netscape went public at a valuation of 1B for example barely a unicorn Not that there is no upside at all any just that the fabled stories from the MSFT and dot com era don t necessarily apply And the tax laws still suck so I m pretty sure Mr Lyons was taxed as if it were cashing in a lottery ticket instead of collecting something he had earned over a period of a year and a half Apology for the section on Bozos Bozo is a the maiden name of my step grandmother and it happens to be a common Hungarian surname Using it as a term of abuse is insulting to Hungarian Americans My step great grandmother was a very kind woman who also happened to receive a tremendous amount of crank phone calls This is the kind of discrimination that we have had to face as long as I can rememberEven though Baby Boomers are the people that said Don t trust anyone over 30 and pretty much invented age discrimination it turns out that age discrimination is bad now that it s happening to themAnd not only did the Baby Boomers not save the world they didn t even manage to save enough for retirement so we need to un age discriminate them into high paying jobs right away We Gen Xers understand so we ll step aside for a decade or twoAs long as we get hilarious and insightful books out of the deal like this one I guess it s a fair trade off Highly recommended especially if you are working in tech or a tech adjacent company

Read ↠ eBook, ePUB or Kindle PDF ↠ Dan LyonsDisrupted My Misadventure in the Start Up Bubble

Summary á Disrupted My Misadventure in the Start Up Bubble 108 Read ↠ eBook, ePUB or Kindle PDF ↠ Dan Lyons Characters Disrupted My Misadventure in the Start Up Bubble Le of his rise and fall at Hubspot is a trenchant analysis of the start up world a de facto conspiracy between those who start companies and those who fund them a world where bad ideas are rewarded with hefty investments where companies blow money lavishing perks on their post collegiate workforces and where everybody is trying to hang on just long enough to reach an IPO and cash out With a cast of characters that includes devilish angel investors fad chasing venture capitalists entrepreneurs and wantrapreneurs bloggers and brogrammers social climbers and sociopaths Disrupted is a gripping and definitive account of life in the second tech bubb I was torn between a 1 star and a 5 star review The 5 stars because I can t remember the last time I read a book that made me so angry I was initially really excited to read this like the author I am a 50 guy who jumped into the much younger world of start ups I was curious about his thoughts and experiences both good and bad Given his journalism background I had really high expectations I was completely let down This book was really just a polemic about the evils of start ups and their culture both in general and a high level of specificity the company he worked at HubSpot Is there a culture of ageism sexism racism etc at some start ups Absolutely And at established companies Of course These issues are not start up issues but societal issues Is HubSpot a weird place to work I really have no idea based on the author s experience yes but unfortunately we only got one side of the story Is IBM a weird place to work Perhaps if you re 25 years old who is to knowFurther the author trashed the product but he never said if he ever used it or not And I m not sure he realizes that ageism is a two way street He is so critical of the younger generation that is leading the company that he refuses to give them credit for building something He may not like what the product is intended to do but it doesn t mean it doesn t do it well I don t like what Marlboro does but that doesn t it mean it doesn t do it wellWhat irked me the most is as a fish out of water at the start ups I have worked at I try hard to break the stereotype of the old cranky guy who refuses to adapt in short what younger employers fear What I do is try to learn as much as I can from my much younger co workers I ve learned tons and embrace the energy and spirit of passionate intelligent people putting their heart and soul into creating great companies He criticizes the HubSpot team for feeling they are doing something revolutionary but why is that wrong Everyone should feel that about their companyIn short I ve worked for or with about six start ups not all were started by white males or even predominately male I never saw a nerf gun but did have lots of candy Some companies flourished some didn t All were exciting intellectually challenging and amazing places to work I m truly sorry the author didn t have the same experiences I ve had

Dan Lyons ↠ 8 Characters

Summary á Disrupted My Misadventure in the Start Up Bubble 108 Read ↠ eBook, ePUB or Kindle PDF ↠ Dan Lyons Characters Disrupted My Misadventure in the Start Up Bubble Better place by selling email spam The office vibe was frat house meets cult compound The party began at four thirty on Friday and lasted well into the night; shower pods became hook up dens; a push up club met at noon in the lobby while nearby in the content factory Nerf gun fights raged Groups went on walking meetings and Dan's absentee boss sent cryptic emails about employees who had graduated read been fired In the middle of all this was Dan exactly twice the age of the average HubSpot employee and literally old enough to be the father of most of his co workers sitting at his desk on his bouncy ball chairMixed in with Lyons's uproarious ta Wow I hated this book First of all let s get something out of the way this book is not funny It s I dunno petty And a bit vindictiveBut what s the most disappointing is the author makes some good points about how tech companies are de valuing labor about how the funding and IPO model is broken But he wraps it in such self aggrandizing ageist bullshit that it s impossible to take seriously In the first 15 pages he talks about how astounded he is that Hubspot has hired him for a marketing position when he s got no marketing experience Then he loses his mind that his boss is only 5 years out of college Um how are you surprised This guy has 5 years experience then you do of course you report to himFrom that point on you never hear about someone without also hearing about how old they are He complains that everyone makes him feel old while he s busy writing a book about how young and dumb they all are Pot Meet kettleHe also seems pretty out of touch for a guy who was a Newsweek tech reporter If you reported on these companies so much how did you not know what you were getting intoHe complains that there s no diversity in tech but then gets excited when he s in an LA writers room with all dudes where he can make jokes about huge cocks and dry vaginas He openly mocks his company on Facebook and wonders why he gets in troubleNow do I think he had some legitimate gripes about Hubspot Sure But I expected an experienced journalist to be able to frame it in a way that didn t make me hate him Instead he came across like a grumpy old man who had an axe to grind If you re looking for insight into the current state of the tech industry this isn t your book You want to hear a guy talk about how great he is and complain about his coworkers for 250 pages This is your book

  • Hardcover
  • 272
  • Disrupted My Misadventure in the Start Up Bubble
  • Dan Lyons
  • English
  • 04 October 2017
  • 9780316306089