They shouldn't be emailing around "highly confidential brokerage account information" in the first place. It should be locked down in some internal system. Poor practice from GS that caused it all in the first place.
Having worked at a similar iBank, I can assure you most people don't give a rat's ass about proper procedures until they're caught. Why it was even possible to send an email to an external address with such an unencrypted attachment is a bigger question. I hope the lucky recipient finds a high bidder for said information.
This is 100% true, but does that mean that they should experience a data breach as a means of teaching them a lesson? Seems like that could create a lot of collateral damage among the affected account holders.
Agreed. Saying that communities decay is the same as saying pop music sucks because it appeals to the masses. Millions of people love that content and who are you to say whether they should enjoy it or not?
We should be building better tools that can adapt and grow with the community.
> "It's not worth it to be an employee of a startup. You need to be a founder."
Yup. If you can get a job at a tech company that offers high compensation, you will likely make more there (and gain lots of great experience) than you will at a startup.
Look at the value over 4 years:
- Startup salary (~$100k-ish) vs. Tech co (~$140k-ish+)
- Startup equity could be worth $1,000,000 if you get 1% and the company sells for 100 million (obviously there can be other factors here, but lets just use that number)
- Large co. Stock grant could be 150k-200k+(or more!) over 4 years, and you'll likely get refresher grants on top of that each year. And the stock price will likely go up over those 4 years. So after year 4 you are making quite a bit off of your vesting stocks.
There's also a pretty good chance the startup will fail, which would net you nothing but a sub-market salary for the last few years, so it will be harder for you to negotiate a higher salary at your next gig. Or if you are acqui-hired, you'll get some small hiring bonus and then have to wait 4 more years for your new stock to vest.
To me, the only time joining a startup and taking below-market compensation is if you are just starting out and want to gain some experience you might not get at a more established company, or perhaps your skills aren't up to par so you can't get past the interviews.
Or maybe you just like the "startup culture", and that's cool, but why not start your own thing instead?
 Note that if your startup gets acqui-hired, you'll probably have to interview anyway, which could result in not getting an offer!