bijan sabet • Getting promoted too quickly

bijan sabet • Getting promoted too quickly.

In the early days when the company is small, the 10x achiever stands out. The founder/CEO looks at that person and appreciates all of the contributions. Then the next thing you know, that one person goes from being the first UI person or first iphone dev, to being in charge of a soon to be built team.

And that’s when it starts. All of a sudden that person who used to be an amazing individual contributor, doesn’t know how to manage a team. His team misses deadlines, quality of work suffers and the biggest red flag of all happens – he can’t get amazing people to work for him.

Merry Christmas

I am celebrating Christmas holidays vacationing with my wife and kid in Sedona. The weather has a slight chill to it but the views are beautiful and the resort is amazing.

People who know me knows that I do not believe in any religion. However, I still enjoy many of the traditions that come with religion. Christmas time is one of those. I love getting in the holiday mood at the end of the year; reflecting on things that past and the year that lies ahead. And most importantly just getting together with family and friends and neighbors and be a part of the community. Realizing we are part of something bigger than just ourselves.

So, wherever you are, hope you have a community of friends, family and neighbors you care about and who care about you.

Merry Christmas !!

A tea party I will vote for (or, what is REALLY wrong with US healthcare)

Let me start by saying that I had no idea about US healthcare till I co-founded my current company in 2009. However, in last two years I have spent some time talking to some very smart people who work with health insurance companies as well as government departments that are responsible for regulating them.

Like most highly regulated industries, these companies and departments are filled with bureaucratic processes and a large number of people are dedicated just to ensuring how they stay on the right side of myriad local, state and federal regulations. On the flip side, precious little time is spent on innovation.  I have also met and heard about many capable investors and entrepreneurs who see the opportunities in the healthcare sector and want to build creative solutions for the domain but are frustrated by too much government interference.

This has led to some rather perverse consequences on how healthcare is delivered or paid for in this country.

  • Its not an accident that most states and regions in this country have only one or two prominent health insurance plans and only one or two hospital systems that serve the community
  • Its also not an accident that most unions and employees in this country consider healthcare a key benefit that their job should/would give.
  • Its not an accident that the health commissioner of a state is the most powerful position in most states after the governor and the attorney general. This last point is worth repeating. The most important person in a state after the State Governor and the-Person-Who-Prosecutes-The-Crimes is the-person-who-regulates-health-insurance-companies. How fucked up is that?

And yet, we take that all this for granted. No more than a simple nod is given to these observations when we discuss healthcare in our legislatures and newspapers. No solutions are suggested on how we can decrease the power of regulators here (and I am  not just talking about state commissioners. I am talking about Medicare and Medicaid too; where federal CMS agency essentially controls and pays for the entire industry.)

When I hear the political debates in the media about what troubles the healthcare sector – very little attention is usually directed towards about how over-regulated the sector is, how much power is in the hands of government and how by just creating a more free market we can solve many of the ills.

Where are my capitalists who want end users to become consumers? And pay real money and get real choice instead of getting it for “free” in Medicare and Job Market?

Where are my business advocates who want to create free market? Why we do not hear of  proposals to create a health care market so a small startup can thrive and an innovative big company can bring in new ideas without involving army of government lobbyists?

Where is my tea party that can liberate healthcare from government control?

Reihan Salam dissects Matt Taibbi on #OWS demands

Tax hedge-fund gamblers. For starters, we need an immediate repeal of the preposterous and indefensible carried-interest tax break, which allows hedge-fund titans like Stevie Cohen and John Paulson to pay taxes of only 15 percent on their billions in gambling income, while ordinary Americans pay twice that for teaching kids and putting out fires. I defy any politician to stand up and defend that loophole during an election year.

How one feels about carried-interest should reflect how one feels about sweat equity.

Naxalim – India’s invisible civil war

From Tehelka, via Harmanjit.  Naxalism is one of India’s biggest problem. It does not get enough attention in media because its not impacting the middle-class directly yet. But, as the article shows, it has started to spill into urban areas.

According to Judith Vidal-Hall (2006), ” Naxal guerrillas control an estimated one fifth of India’s forests, as well as being active in 160 of the country’s 604 districts”. It claims more lives than terrorism.

From an earlier article:

THIS WEEK marks the first anniversary of a brutal attack by the banned CPI (Maoist) party on India’s paramilitary forces. On 6 April last year, 76 policemen were massacred in the forests of Chhattisgarh. One year later, the same forests have witnessed another brutal carnage. As TEHELKA’s investigations reveal, this butchery comes not from the enemy, but from the ‘security’ forces. Those attacked are India’s most invisible citizens.

In the course of a five-day operation in the second week of March, police torched three villages deep inside the jungles of Dantewada district. Three hundred huts were set on fire. Hundreds of tribals left homeless. Three women sexually assaulted. Three civilians killed. Granaries incinerated. Gold jewellery and thousands of rupees looted. One corpse left dangling from a tree. Another sliced with an axe. Two villagers kidnapped. Livestock stolen.

The irony is: Barring reports in Hindi daily Rajasthan Patrika, The Hindu and a few local television channels, media stayed quiet. The tribals are India’s invisible citizens.

U.S. Unemployment Crisis: How to Create Jobs – TIME

The good news is that the American economy is back to its pre-crisis size. The U.S. GDP is now about $13.5 trillion, a bit above what it was in 2007. The bad news is that we are producing the same amount of goods and services as in 2007 with 7 million fewer workers.

There is now a single world market for many goods and services, and about 400 million people — from China, India, South Africa, Indonesia and elsewhere — have entered the global labor force, offering to make the same things Americans make for a tenth the price. That’s why growth by itself won’t create enough (American) jobs. The economy increasingly has the capacity to grow nicely without adding many workers.

(via @bussgang)

How Twitter + iOS 5 Will Change Mobile Apps

After email, SMS and iOS messaging, Twitter will now become a key social layer over the top of many of the apps on iOS devices.

The features that app developers will have access to closely resemble what other platforms make possible with Facebook integration, and Twitter’s being the one to land this deal is a pretty big deal for the world’s 2nd place social network.

Watch out, facebook. You are now in Apple’s cross-hairs !!