Jim Brusstar (@jimbru) header
Jim Brusstar (@jimbru) profile picture

Banker at Erebor "Pedigreed B2B operator," according to some. Also co-founder @treasuryprime, other stuff too.

California
Joined January 2009
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Replying to @Verizon
@Verizon what's the deal with my Frontier Fiber service in Laguna Beach - this is day 2 of no service - you're underperforming xfinity here, not a good place to be
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Michigan!
Detroit impressions: • The downtown is full of beautiful buildings. All of them seem to have been built specifically in the 1920s. I guess that is after the city had accumulated enough auto wealth but before the twin hits of Modernism and the Depression. (I hadn't known that the GM Renaissance Center, built as a revitalization project, was at the time the largest private development in US history, and also at the time the world's tallest hotel. It may be large, but it is not pretty.) The downtown is surprisingly depopulated -- both the streets and the sidewalks feel empty. That said, it didn't feel at all unsafe. There are lots of great homes in the suburbs. • The Henry Ford Museum of American Innovation is amazing, and it's worth visiting Detroit for it alone. Among many (many) other things, it contains the oldest known surviving steam engine in the world, the actual Montgomery bus on which Rosa Parks refused to give up her seat, a deconstructed Model T, a deconstructed Eames Chair, and many great cars, agricultural equipment, locomotives, industrial specimens, and more. (They have the Lincoln Continental that JFK was riding in when assassinated -- which, apparently, was returned to service and used by several subsequent presidents.) • The museum made me wonder why American car design peaked in the mid-60s. (This fact is very evident at the museum.) The LLMs blame the 1966 National Traffic and Motor Vehicle Safety Act. (Not quite wtfhappenedin1971.com, but close.) • Good food exists but it is hard to find. • The Heidelberg Project also exists and is unique. • We stayed at the Dearborn Inn, which is wonderful, and contains cottages modeled after the homes of significant American figures. Dearborn (and Hamtramck) are now predominantly Muslim, apparently for reasons that go back a century to Henry Ford's $5 wage. Dearborn felt noticeably prosperous (we stopped for coffee at a fancy Japanese cheesecake cafe); Hamtramck did not. • Michigan.gov says that the Hispanic population of Michigan is just 6%. Coming from California, the absence is very striking. • The Detroit Institute of Arts is remarkable, particularly the room with the American landscapes and the section with the Dutch masters (especially The Visitation). An obvious question is why there is nothing quite like it in the Bay Area given how much richer the latter is than Detroit ever was -- we techies are just so uncultured by comparison. The Diego Rivera murals are amazing (and quite strange; you can see why they were controversial). • Detroit is full of historic plaques -- they are truly everywhere. This is presumably due in part to the fact that Detroit has a lot of history, but it still has many more than places with comparable historical depth. Some research suggests that it might be related to generous tax credits for historic preservation. Whether or not that is true, Detroit persuades me that other places should engage in more plaquemaxxing. • I recommend a visit! You overall leave with some sense for how exciting America must have felt in the early 20th century.
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One theory says this is why Facebook never generated a founder mafia, like PayPal did - too easy, essentially
There's a person who joined Stripe at $250m ARR and rode it to $5b ARR and never faced adversity during the entire way. And I can barely describe how much softer they are than the person who did $5-100m at a startup and had to choke a mf to death for every dollar on the way.
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Replying to @github
@github @githubsupport our GitHub Actions are still down and your support team has ghosted us - need your help asap! tickets: #3916826 #3915231
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Interestingly I used to observe this effect in programmers back when I worked for bigger companies and did a lot of interviewing. In programmers it’s a selection effect: if you’re not good enough to get hired after undergrad you stay for the masters.
Oh this is hilarious. Sad but hilarious. This study finds (and others confirm) that a teacher earning a graduate degree has a NEGATIVE effect on student achievement Attending a graduate school of education literally makes teachers WORSE at their job
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Replying to @Apple
@Apple guys liquid glass is horrible why are you doing this to us
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My son has the same watch. Shark watch undefeated.
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Everything is California (at a 10 year remove)
This is the hard reality about the Midwest that I’ve been trying to convey to people on here for some time There’s lots of rhetoric about industrial expansion in middle America but when push actually comes to shove it runs into the same dynamics that you see on the coast
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Did this at @treasuryprime. The deck is so often stacked against employees it felt like the least we could do. Pinterest was the example I knew. All our advisors told us to stick with a 90 day expiry.
I'm grateful Coinbase gave employees a 7 year window to exercise stock options after leaving. When I left I didn't have the capital to exercise (all of it went to starting my business). I would've had to take a loan out so this derisked a lot for me. More companies should do this
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Founding engineers have always been a tough hire. Increased mercenary behavior seems right, but what does that look like when the traditional bargain around equity comp is breaking down? Just cash I guess.
two trends are happening 1. startups will struggle to find founding engineers unless they can match big tech cash comp. we get bigger more dilutive raises 2. everyone becoming way more mercenary-like. only mission is getting the bag. huge loss for the startup ecosystem. shame.
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Or late stage equity (or “equity”) and annual tenders. Lines are getting blurred here.
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One of the most interesting Zuck emails ever, and that’s a high bar. I can’t believe this was 2018, feels extremely prescient.
Mark Zuckerberg on spinning off Instagram, Facebook's strategy tax, antitrust regulation, brand erosion, and network collapse May 3, 2018
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I still don’t like the name “Meta” though 🤷
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Still better than “resources”
Also don’t call your people “heads”
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Never fails, for better or worse
New York is: Getting @Waymo ✅ Close to electing an unqualified commie trust-fund activist theater kid who dreams of utopian social experiments that will ruin the city ✅ Remember: SF is always and everywhere a peek at what's to come for the rest of US. Always.
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the question we should now all ponder is how to manufacture senior engineers if junior engineers are no longer economically viable
claude 4 opus can literally replace junior engineers. it is absolutely capable of doing their work faster than a junior engineer, cheaper than a junior engineer, and more accurately than a junior engineer and no one is talking about it
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I don’t wait for global economic stress
Sometimes I calm myself in moments of global economic stress by just listening to Jeremy Irons in “Margin Call.”
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Of course, this vehicle is built by Geely, a Chinese auto manufacturer
Only in SF where you can ride in a Waymo and seeing the next gen @Waymo next to you.
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Guys this thing is really cool @maticrobots
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