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Comment Re:Corporate governance 101 (Score 1) 51

Years ago I founded a company and was raising capital. The bus scenario would always come up and we would describe our well thought out plan for replacing me. The response was unenthusiastic.

One day I flippantly replied "I won't care about your money, because I'll be dead." Then would go on to describe the plan. That bit of frank honesty combined with a thoughtful plan made raising money much easier.

Comment One potential issue (curious about solution) (Score 2) 62

I took my son to London and had a great time using the Underground and the bus system. Paying with contactless credit card was very convenient. And the payment cap per day was nice. But I was left wondering about one potential issue.

What do you do if one of you doesn't have a credit card or smart device/phone with payment system? Fortunately, I had two credit cards (we didn't have a data plan in London). So no real problem for us. It still left me wondering what would people do if they a payment method for each person? i.e what if you are riding more than a few times and hit the payment cap due to swiping multiple times per ride. Seems like either a chance to be accused of fraud. Or actual fraud.

What would happen to, say, a class field trip visiting NYC? I'm genuinely curious what people do in those edge cases.

Comment My experience with engineers in China (Score 5, Interesting) 78

I worked for 10 years in China with engineers. I'm one myself. This is what I learned:

Most go into it because they don't want to work with their hands. i.e. get dirty. It's not because they have any particular interest. It's for the money and social status. As such, ~80% of the ones I worked with were unimpressive. They do what they are told, nothing more, nothing less. Minimal problem solving skills. No curiosity. Your average US high school student would definitely know less engineering, but could do a better job without being micromanaged.

This isn't to say they were bad people. Some were friends. The system in China just tend to create a lot of these people. And if you are brute forcing a project and able to micromanage, it's a powerful resource.

The other ~10 percent were more typical of Western engineers. Loved technology, hands on, tinkered with stuff, curious, smart. And yeah, a bit nerdy. That said, the work culture still ties their hands. You're to stay in your lane. Don't question superiors. Do exactly as you are told. We had several meetings where it was explained that it is their job to call bullshit on me.

They liked that, but it didn't come naturally. There was one guy that was an absolute master at it. He was incredibly polite about it. So much so that when he started acting a certain way, I knew I'd effed up and just had to wait for him to politely tell me he must be wrong and could I please help him learn where he made a mistake. To this day, I still feel he was being sincere. Dude should teach classes in how to tell your boss he is wrong.

Anyway, just comparing engineering numbers in China and the US misses a lot of nuance.

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