Deedy Profile picture
Sep 24, 2019 6 tweets 2 min read Read on X
1/ The Fairness of High-Skilled Immigrants Act, 2019, or #HR1044/#S386, which would've removed country caps on green cards in the US for Indian and Chinese nationals, particularly bringing the wait time for Indians from 150yrs to ~10...
2/ ... was blocked in the Senate by Sen. Dave Perdue after bipartisan support in the House. If you were Indian and moved to the US for an undergraduate degree in 2001, you'd be 36, have spent half your life in the country and not have a green card.
3/ You might be married with kids but if you lose your job, you might have to leave your family after paying for a college degree and 14yrs worth of usually fairly high taxes. Isn't that absurd?
4/ Despite being Indian, and a beneficiary of this bill, there are problems with this bill. One, most Indians in the backlog are not high skilled tech workers, but cheap outsourced labour from IT consultancies like Wipro and Infosys.
5/ Two, without a smoother cap removal transition plan, this would essentially flood the green card quota with Indians for the next ~10yrs, throttling competent candidates of other nationalities.
6/ If those two issues are fully addressed, I this bill will be unanimously favored and @sendavidperdue will let it pass and hopefully Trump will sign it!

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More from @deedydas

May 2
In the last 20yrs, "study CS and work in tech" became a "path" to wealth

Now:
—BigTech did layoffs, aren't hiring
—Tech job postings are ~40% of '21
—Startups often prefer tenured hires
—Huge pipeline of CS majors: 40% of MIT

Winter is coming for software engineering.
🧵

1/5 Image
Beyond that, there seems to be less and less whitespace for software to create value in people's lives. Compare how much time we spent with tech in the year 2000 as a society vs 2024.

Companies are trending to being smaller and more efficient, not large and IBM-like.

2/5
It's not there yet, but AI is also slowly and steadily eating away at jobs humans used to do. LLMs will only write more code over time.

BigTech fueled a lot of the hiring with their consistent 20% YoY growth but they realize revenue doesn't come for free anymore.

3/5
Read 6 tweets
Feb 22
Google Gemini doesnt generate white people even when you ask for a medieval king, pope, American or even Google's own founders!

Carmack, Balaji, Paul Graham, LeCun, Andreesen and Elon have all expressed dissent

Google hotfixed it for now.

🧵 of the popular screw-ups on X

1/19
Black king of France from the 18th century

2/19
Read 19 tweets
Feb 14
My #1 tip for engineers navigating the rough hiring market is to uncover hot startups you may not know.

Reach out to the junior VCs with an email asking them who is doing well and whether they're hiring!

Some budding superstar startups compensate handsomely for talent.

1/5
Most engineers who are graduating college wrongly assume:
— Startups don't pay well
— Most startups can die suddenly (you usually have a healthy forewarning)
— Startups won't sponsor visas
— Lack of job security

These are usually false.

2/5
"Why would they help me?"

VCs are incentivized to help the startups they invest in (and are on the boards of), and hiring is one of the ways they can help.

Keep in mind, they'll likely only recommend companies in their firm's portfolio so you want to ask many

3/5
Read 6 tweets
Jan 3
Winter is coming for Indian Masters students in the US this year.

~50,000-65,000 Indian Masters students in CS are going to graduate looking for tech jobs that *most* will NOT find.

This is the single largest international student subgroup in the US.

THREAD

🧵

1/7 Image
When most people look at international student data, they view it in aggregate which hides the underlying severity.

Graduate and undergrad look very different.

India sends the most grad students to the US, primarily for a Masters degree — 166k!

2/7 Image
80% of these are Masters students who have 1-2 yr courses — this is the cheapest immigration route.

That means next year, assuming 1.5yr avg, India graduates ~88,500 MS students in a fledgling job market.

3/7
Read 8 tweets
Dec 16, 2023
Raising a child in the US seems hellish compared to India.

US—Wake up early, cook, drive kid to work, both parents work, do groceries, chores, cleaning. Lonely.

India—Maid cleans, driver drops you, groceries in 15mins, cook cooks, parents babysit. Community.

(requires $$)

1/4
Specifically, this holds true for a Rs ~35L+ ($40k) household income in India and <$1M in the US.

ALL my friends who moved to India as parents are happy, but the few who did the reverse are not. Most ensure the baby has US citizenship.

I'm in India, and I see it vividly.

2/4
There are still many positives about the US, like infrastructure, absolute wealth, career and pollution.

At the end of the day, it's a personal decision. Living in the US often means actively choosing career over family.

3/4
Read 4 tweets
Oct 26, 2023
Youtube will do an ABSURD ~$40-45B revenue in 2023.

Youtube's implied valuation would be ~$225-250B, the size of Adobe!

That would make them the largest video app by revenue by FAR, over Netflix (~$35B), TikTok (~$18B) and the rest!

Here's the math—

1/6
Youtube revenue is split into advertising and subscriber revenue. Ads is reported under "Youtube Ads" but subscriber revenue is under "Google other".

Aside from that, Google Other includes Google Play, hardware and more.

Here's the Q3 2023 earnings.

2/6 Image
Extrapolating the Q3 values to the whole year, we get these projections

Youtube Ads: 29,243*22,310/21,280 = $30.6B
Google Other: 29055*23894/20259 = $34.3B

But how do we extract Youtube subscription revenue from the second number?

3/6 Image
Read 7 tweets

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