Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Jason Fried"


4 mentions found


An era of ultra-easy cash from central banks lured investors into private credit, attracted by juicy returns in the high-single to low-double-digits. The private debt market has expanded to $1.4 trillion, up from $250 billion in 2010, according to data provider Prequin, with funds including Ares, Blackstone (BX.N) and KKR (KKR.N) holding big positions. Corporate default risks are rising, making investors think twice about holding riskier private debt. A Private Credit Default Index by law firm Proskauer showed a default rate of 1.56% on U.S. dollar-denominated deals in the third quarter, the first notable increase over the past 18 months. "While the default rate is likely to go up, I wouldn't expect to see a significant spike in 2023," he added.
Meta is limiting employee conversations about abortion on its internal platforms. The policy at Meta removes public employee posts on the company's internal platform with keywords like "abortion" and "Roe v Wade." Meta allows employees to talk about the topic only in private forums with up to 20 people, the Times said. The tech behemoth isn't the first company to monitor and control employee conversation around political issues and face pushback for it. Hasnas said that a company shouldn't single out one issue as being off limits, and that all political issues require consistency.
In an interview with Adam Bryant of The New York Times, Fried told Bryant that he's mystified by some of the attitudes found in the tech world. But a lot of the tech world is obsessed with growth and revenue and not profit. They're obsessed with ego. They're obsessed with all the things that I think are bad business." AdvertisementApparently, this type of anecdote isn't unusual in the tech world — and it paints a picture of an intense work culture that could easily lead to burnout.
Persons: Jason Fried doesn't, Fried, Adam Bryant, Bryant, that's, They're, Uber, we're, Áine Cain, Insider's Chris Weller, Weller Organizations: The New York Times Locations: Silicon Valley
AdvertisementJason Fried, CEO of the web development company Basecamp, has another excuse: He's already implemented them. Digital marketing company Steelhouse, for instance, offers employees $2,000 a year to take any vacation they choose. A number of other larger companies have taken steps to be more employee-friendly in recent years, particularly with parental leave. In August 2015, Netflix began offering salaried employees unlimited paid parental leave for a whole year. (Four months later, it started offering hourly workers 16 weeks of paid leave, where before they received 12 weeks.)
Persons: they'll, Jason Fried, Fried, it's, Basecamp, Fried's Organizations: Digital, Netflix Locations:
Total: 4