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^^ Can corroborate. Intel had a fleet of airplanes for employee use commuting between sites. You did not have to be an exec or VP to fly.


I remember the airplane tail had the number 386, or 486. It was difficult to get a seat, but it was based on first come first serve, so you just had to be diligent on the booking web site.

Coming out of San Jose, the plane would enter this corkscrew to gain altitude. I guess to avoid SFO airspace.

I would often see high level executives on the same plane.



I am rooting for this to be the case, and frankly it should be, but typically the massive startup boom comes from companies IPOing (PayPal mafia, Google mafia, etc.). So much talent has been locked up at Intel, I'm hoping this is a liberation of sorts.


In Oregon, the layoffs were 3x-4x more than in AZ. What's kicked both regions in the teeth is that the layoffs were 4x-5x more than what Intel had stated. OregonLive has been reporting for weeks that 500+ Oregon Intel jobs were going to be cut -- they cut 2500 jobs. This is also round 3 (?) of Intel's layoffs in the last 12 months. It's massive and devastating.


This sounds like sell the whole company type of cuts.


What else could be the trajectory of Intel, when the CEO has admitted defeat in the current investment environment?

> Intel CEO says it's "too late" for them to catch up with AI

https://news.ycombinator.com/item?id=44532572


Well, yeah. It's the Elop and Nokia situation all over again. Remember the "burning platform" memo?

Intel actually made a decent video card that sells above MSRP: Battlemage. They can easily advance it into more powerful GPUs.

Gelsinger understood that. The current MBA empty suit doesn't.


Last stage of grief is acceptance. I think the only way left is up.


Gelsinger was apparently Intel's last hope to avoid being sold off in pieces.


SingleStore (nee MemSQL) was/is niche -- great fit inside banks in particular.


How are Neon employees doing? Heard Neon laid off a few teams this week. That's fun. Anyone hear if their shares are worth anything in the acquisition?


So many companies have massive teams in India -- tomorrow could be more like a mock drill of our globally distributed engineering systems.


Anyone hear rumors of how much they were acquired for?


I'd guess a little north of $500 million.

- Census last raised $60M Series B at a $630M valuation (upper bound)

- Census’s estimated annual revenue is $31.6 million with ~200 employees.

- Median private-SaaS EV/ARR multiple is 7× (7 * 31 = 217 = lower bound)

- Hightouch raises $80M on a $1.2B valuation(at ~60× ARR)

- Twilio completes $3.2B acquisition of Segment at ~21× ARR (upper multiple bound)


lol


Can any employees confirm if they're getting shut out of the sale? Is this another startup where the employees' shares are lit on fire?

"Another source told TechCrunch that equity holders “got zero’d” so “founders, employees and VCs” will get “nothing” from the sale. The identity of the source, who asked to remain anonymous, has been verified by TechCrunch."


That's correct - CockroachDB's license changed in 2019, from Apache 2.0 to a permissive version of the BSL: https://www.cockroachlabs.com/blog/oss-relicensing-cockroach...

"We’re adopting an extremely permissive version of the Business Source License (BSL). CockroachDB users can scale CockroachDB to any number of nodes. They can use CockroachDB or embed it in their applications (whether they ship those applications to customers or run them as a service). They can even run it as a service internally. The one and only thing that you cannot do is offer a commercial version of CockroachDB as a service without buying a license."


Tornado / Reader / CockroachDB co-founder Ben Darnell on database isolation levels and what's wrong with the anomaly table.


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