Subj : OpenAI comp concerns 💰, junior devs vs GenAI 👨‍💻, FDA advisors back Alzheimer's drug 💊 To : tldr@synchro.net From : TLDR Date : Wed Jun 12 2024 10:32 am --b6S9lbge Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable Current and former OpenAI employees are concerned about access to liquidi= ty after reports that the company has the power to claw back vested equit= y=C2=A0=20 Sign Up [1] |Advertise [2]|View Online [3]=20 =09=09TLDR = =09=09TOGETHER WITH [LMNT] [4] TLDR 2024-06-12 STAY SALTY = WITH LMNT =E2=80=94 EXCLUSIVE HYDRATION PARTNER TO TEAM USA WEIGHTLIFTING= (SPONSOR) [4]=20 How do you optimize your performance, physically and = mentally? Start by realizing that most people need MORE salt and LESS wat= er. =E2=86=92 LMNT [4] is a science-backed, zero-sugar electrolyte dri= nk mix [4] designed to support active hydration and a healthy lifestyle.= Created by former research biochemist Robb Wolf and trusted by prof= essional sports teams [4], Navy SEALs, and Marines, LMNT has: = =E2=9C=85 Enough sodium, potassium, and magnesium to help you feel and pe= rform your best. =E2=9D=8C ZERO sugar, artificial colors, or other dod= gy ingredients to hold you back. =F0=9F=86=93 Get your free Sample P= ack [4] with any LMNT drink mix purchase at drinkLMNT.com/TLDR [4]. Also = try the new LMNT Sparkling =E2=80=94 a bold, 16-ounce can of sparkling el= ectrolyte water. =F0=9F=93=B1=20 BIG TECH & STARTUPS OPENAI E= X-EMPLOYEES WORRY ABOUT COMPANY'S CONTROL OVER THEIR MILLIONS OF DOLLARS = IN SHARES (8 MINUTE READ) [5]=20 Many of OpenAI's early employees are s= itting on millions of dollars worth of equity. The only way for them to r= ealize any value from this equity in the near term is through secondary s= tock sales. OpenAI has told employees that it will try to hold one tender= offer roughly every year depending on how both the company and the marke= t are faring at the time. Current and former employees are increasingly c= oncerned about access to liquidity after reports that the company has the= power to claw back vested equity. The company has used aggressive tactic= s to get employees to sign exit agreements that affect the future of thei= r stock holdings.=20 X IS ABOUT TO START HIDING ALL LIKES (2 MINUTE R= EAD) [6]=20 X is rolling out private likes - what users like on the pla= tform will be hidden by default. Owner Elon Musk said that it was importa= nt to allow people to like posts without getting attacked for doing so.= Users will still be able to see who liked their posts and the like cou= nt for all posts.=20 =F0=9F=9A=80=20 SCIENCE & FUTURISTIC TECHNOLOGY= AN EXPERIMENTAL ALZHEIMER'S DRUG OUTPERFORMS ONE JUST APPROVED BY TH= E FDA (4 MINUTE READ) [7]=20 The experimental drug donanemab slowed t= he progression of Alzheimer's disease by about 35% in a study of more tha= n 1,700 people. Eli Lilly, the company that makes the drug, has submitted= the results of its study to the Food and Drug Administration, which is e= xpected to make a decision on the drug by the end of the year. The drug i= s still not a cure - its benefits amount to only about a seven-month dela= y in the loss of memory and thinking. The drug caused dangerous swelling = or bleeding in the brain in about 25% of patients.=20 STOKE SPACE IGN= ITES ITS AMBITIOUS MAIN ENGINE FOR THE FIRST TIME (3 MINUTE READ) [8]=20 = Stoke Space has fired its first stage rocket engine for the first tim= e, briefly igniting it for about two seconds. The test was a success as t= he engine performed nominally. Stoke's two-stage Nova rocket will be full= y reusable and have a lift capacity of about 5 metric tons. It could be r= eady for its first flight in 2026.=20 =F0=9F=92=BB=20 PROGRAMMING, DE= SIGN & DATA SCIENCE =F0=9F=8E=AB GET TICKETS FOR DEVRELCON NEW YORK W= ITH A SPECIAL DISCOUNT OFFER FOR TLDR READERS (SPONSOR) [9]=20 Lookin= g to hone your craft, advance your DevRel career, or connect with the wid= er dev tool community? DevRelCon [10] is the place for you. Sessions will= cover practical topics [10] like metrics and ROI, managing up and down, = community management, content creation, career paths, open source, improv= ing and scaling using AI tools, and much more. Grab your $100 OFF di= scounted tickets at hackp.ac/TLDR100OFF [11] GENERATIVE AI IS NOT GOI= NG TO BUILD YOUR ENGINEERING TEAM FOR YOU (27 MINUTE READ) [12]=20 So= ftware is an apprenticeship industry - you can only learn by doing. The i= ndustry changes fast, so developers have to keep learning. It takes many = years to forge a competent software engineer. Senior software engineers d= on't only write code - they have to be able to understand, maintain, expl= ain, and manage a large body of software in production over time and tran= slate business needs into technical implementation. Writing code is the e= asiest part of software engineering, and it's getting easier every day. A= I can help generate lots of code really fast, but it can't aid in the wor= k of managing, understanding, or operating that code. Generated code can'= t be trusted - it needs to be reviewed before it can be committed and shi= pped to production.=20 ORACLE JAVA POLICE START KNOCKING ON FORTUNE 2= 00'S DOORS FOR FIRST TIME (3 MINUTE READ) [13]=20 Oracle has dispatch= ed Java audit letters to Fortune 200 companies for the first time. The co= mpany announced a new licensing regime in January 2023 that was two to fi= ve times more expensive for businesses with limited Java use. Companies s= hould be wary, evaluate their positions, and only pay for Java where nece= ssary. Signing up for a long-term agreement may hold customers hostage to= fortune when it comes to renewal.=20 =F0=9F=8E=81=20 MISCELLANEOUS= THE VOTE ON ELON MUSK'S $46 BILLION PAY PACKAGE IS COMING DOWN TO TH= E WIRE (4 MINUTE READ) [14]=20 The vote on Elon Musk's $46 billion Te= sla pay package is still too close to call. Shareholders are expected to = finish voting on Thursday. Musk has been personally campaigning for the v= ote, even attending meetings with some large investors that he usually sk= ips. To incentivize voting, Tesla has been offering a raffle for a chance= of a tour of its Texas production plant with Musk. It launched a video w= ith voting instructions last week that featured its Optimus humanoid ro= bot.=20 ASK HN: WHAT ARE YOUR PERSONAL RED FLAGS WHEN YOU'RE INTERVIEWI= NG AT A COMPANY? (HACKER NEWS THREAD) [15]=20 This Hacker News discus= ses situations where interviewees decided that the place they were interv= iewing for wasn't right for them. Some common red flags include people ha= ving dinner at the office, complicated interviewing processes, take-home = assignments, using misleading language, and open office plans.=20 = =E2=9A=A1=20 QUICK LINKS GOT FLINK? (SPONSOR) [16]=20 Get the = buyer's guide to compare the top 4 Flink-powered data platforms. BONUS: j= oin Decodable CEO Eric Sammer for a live talk on the pros and cons of eac= h platform. Download now! [16]=20 AS NASA WATCHES STARSHIP CLOSELY, HER= E'S WHAT THE AGENCY WANTS TO SEE NEXT (4 MINUTE READ) [17]=20 NASA an= d SpaceX are planning for the possibility of modifying the Artemis III mi= ssion - while NASA still maintains it will fly a crewed lunar landing in = September 2026, almost everyone in the space community thinks it will be = delayed.=20 CAN APPLE RESCUE THE VISION PRO? (8 MINUTE READ) [18]=20 = While Apple hasn't released sales figures, analysts' estimates sugges= t that the Vision Pro was a flop, selling fewer units than expected.=20 = IT'S TIME TO BEACQUIRED FOR =E2=82=AC500 MILLION (2 MINUTE READ) [19] = French app developer Voodoo is purchasing BeReal for =E2=82=AC500 mi= llion.=20 ELEPHANTS MAY REFER TO EACH OTHER BY NAME (4 MINUTE READ) [20= ]=20 Elephants seem to respond more actively to calls that include thei= r 'name'.=20 GENERAL INTELLIGENCE (2024) (4 MINUTE READ) [21]=20 = AGI will likely be developed within three to five years.=20 BACK TO ATO= MS (5 MINUTE READ) [22]=20 AI might be the last big wave before the tid= e goes out in the software development industry.=20 Love TLDR? Tell yo= ur friends and get rewards! Share your referral link below with frien= ds to get free TLDR swag!=20 https://refer.tldr.tech/1fd848fa/ [23]=20 = =09=09 Track your referrals here. [24]=20 Want to advertise in TLDR? = =F0=9F=93=B0 If your company is interested in reaching an audience of= tech executives, decision-makers and engineers, you may want to ADVERTIS= E WITH US [25].=20 If you have any comments or feedback, just respond= to this email!=20 Thanks for reading,=20 Dan Ni & Stephen Flanders=20 = If you don't want to receive future editions of TLDR, please unsubscri= be from TLDR [26] or manage all of your TLDR newsletter subscriptions [27= ].=20 =20 Links: ------ [1] https://tldr.tech/signup?utm_source= =3Dtldr [2] https://advertise.tldr.tech/?utm_source=3Dtldr&utm_medium=3Dn= ewsletter&utm_campaign=3Dadvertisetopnav [3] https://a.tldrnewsletter.com= /web-version?ep=3D1&lc=3Db5bb39ac-a04f-11ee-8692-6388dbdd6fd1&p=3D9515d7c6-= 288e-11ef-8037-b12158693828&pt=3Dcampaign&t=3D1718188370&s=3Ddbb588ead8a7cb= 1f4d497c291fdcd1a9627d3f17282b1aafaf9d4e97f7659501 [4] https://drinklmnt.= com/TLDR [5] https://www.cnbc.com/2024/06/11/openai-insider-stock-sales-a= re-raising-concern-among-ex-employees-.html?utm_source=3Dtldrnewsletter [= 6] https://www.theverge.com/2024/6/11/24176247/x-likes-hidden-private-rollo= ut?utm_source=3Dtldrnewsletter [7] https://www.npr.org/sections/health-sh= ots/2023/07/17/1188075646/donanemab-experimental-alzheimers-drug-outperform= s-lecanemab-leqembi?utm_source=3Dtldrnewsletter [8] https://arstechnica.c= om/space/2024/06/stoke-space-ignites-its-ambitious-main-engine-for-the-firs= t-time/?utm_source=3Dtldrnewsletter [9] https://hackp.ac/tldrdevrel?utm_s= ource=3Dtldrnewsletter [10] https://hackp.ac/tldrdevrel [11] https://ha= ckp.ac/tldr100off [12] https://stackoverflow.blog/2024/06/10/generative-a= i-is-not-going-to-build-your-engineering-team-for-you/?utm_source=3Dtldrnew= sletter [13] https://www.theregister.com/2024/06/10/fortune_200_oracle_ja= va_audit/?utm_source=3Dtldrnewsletter [14] https://links.tldrnewsletter.c= om/gjDJ4c [15] https://links.tldrnewsletter.com/oMKQYK [16] https://inf= o.decodable.co/decoding-the-top-4-real-time-data-platforms-powered-by-apach= e-flink?utm_medium=3Dpaid-media&utm_source=3Dtldr&utm_term=3Dna&utm_content= =3Dna&utm_campaign=3Dfy24-ebk-top-4-flink-platforms [17] https://arstechn= ica.com/space/2024/06/as-nasa-watches-starship-closely-heres-what-the-agenc= y-wants-to-see-next/?utm_source=3Dtldrnewsletter [18] https://www.nytimes= ..com/2024/06/11/technology/apple-vision-pro-needs.html?unlocked_article_cod= e=3D1.zE0.u6-d.n7a0la9zLw8l&smid=3Durl-share&utm_source=3Dtldrnewsletter = [19] https://www.theverge.com/2024/6/11/24176333/bereal-acquired-500-millio= n-voodoo?utm_source=3Dtldrnewsletter [20] https://arstechnica.com/science= /2024/06/elephants-may-refer-to-each-other-by-name/?utm_source=3Dtldrnewsle= tter [21] https://nonint.com/2024/06/03/general-intelligence-2024/?utm_so= urce=3Dtldrnewsletter [22] https://carllippert.com/back-to-atoms/?utm_sou= rce=3Dtldrnewsletter [23] https://refer.tldr.tech/1fd848fa/ [24] https:= //hub.sparklp.co/sub_32edf8dd66ae/1 [25] https://advertise.tldr.tech/?utm= _source=3Dtldr&utm_medium=3Dnewsletter&utm_campaign=3Dadvertisecta [26] h= ttps://a.tldrnewsletter.com/unsubscribe?ep=3D1&l=3Dcfa2d55a-b7be-11e8-a3c9-= 06b79b628af2&lc=3Db5bb39ac-a04f-11ee-8692-6388dbdd6fd1&p=3D9515d7c6-288e-11= ef-8037-b12158693828&pt=3Dcampaign&pv=3D4&spa=3D1718186421&t=3D1718188370&s= =3De5933a47a881959729337d9b3ab50a7ca81480a2ab3d77caa6432e11ee720ccd [27] = https://tldr.tech/tech/manage?email=3Dtldr%40synchro.net --b6S9lbge Content-Type: text/html; charset=utf-8 Content-Transfer-Encoding: quoted-printable TLDR
Current and former OpenAI employees are concerned about access to liquid= ity after reports that the company has the power to claw back vested equity=  

TLDR

Together With 3D"LMNT"

TLDR 2024-06-12

Stay salty with LMNT =E2=80= =94 exclusive hydration partner to Team USA Weightlifting (Sponsor)

How do you optimize your performance, p= hysically and mentally? Start by realizing that most people need MORE salt = and LESS water.

=E2=86=92 LMNT is a science-backed, zero-sugar= electrolyte drink mix designed to support active hydration and = a healthy lifestyle.

Created by former research biochemist Robb Wolf and trusted by professional sports teams, Navy SEALs, = and Marines, LMNT has:

=E2=9C=85 Enough sodium, potassium, and magnesium to help you feel and p= erform your best.

=E2=9D=8C ZERO sugar, artificial colors, or other dodgy ingredients to h= old you back.

=F0=9F=86=93 Get your free Sample Pack= with any LMNT drink mix purchase at drinkLMNT.com/TLDR. Also try the new LMNT Sparkling =E2= =80=94 a bold, 16-ounce can of sparkling electrolyte water.

=F0=9F= =93=B1

Big Tech & Startups

OpenAI ex-employees worry a= bout company's control over their millions of dollars in shares (8 minute r= ead)

Many of OpenAI's early employees are si= tting on millions of dollars worth of equity. The only way for them to real= ize any value from this equity in the near term is through secondary stock = sales. OpenAI has told employees that it will try to hold one tender offer = roughly every year depending on how both the company and the market are far= ing at the time. Current and former employees are increasingly concerned ab= out access to liquidity after reports that the company has the power to cla= w back vested equity. The company has used aggressive tactics to get employ= ees to sign exit agreements that affect the future of their stock holdings.
X is about to start hiding = all likes (2 minute read)

X is rolling out private likes - what u= sers like on the platform will be hidden by default. Owner Elon Musk said t= hat it was important to allow people to like posts without getting attacked= for doing so. Users will still be able to see who liked their posts and th= e like count for all posts.
=F0=9F= =9A=80

Science & Futuristic Technology

An experimental Alzheimer's= drug outperforms one just approved by the FDA (4 minute read)

The experimental drug donanemab slowed = the progression of Alzheimer's disease by about 35% in a study of more than= 1,700 people. Eli Lilly, the company that makes the drug, has submitted th= e results of its study to the Food and Drug Administration, which is expect= ed to make a decision on the drug by the end of the year. The drug is still= not a cure - its benefits amount to only about a seven-month delay in the = loss of memory and thinking. The drug caused dangerous swelling or bleeding= in the brain in about 25% of patients.
Stoke Space ignites its amb= itious main engine for the first time (3 minute read)

Stoke Space has fired its first stage r= ocket engine for the first time, briefly igniting it for about two seconds.= The test was a success as the engine performed nominally. Stoke's two-stag= e Nova rocket will be fully reusable and have a lift capacity of about 5 me= tric tons. It could be ready for its first flight in 2026.
=F0=9F= =92=BB

Programming, Design & Data Science

=F0=9F=8E=AB Get tickets fo= r DevRelCon New York with a special discount offer for TLDR readers (Sponso= r)

Looking to hone your craft, advance you= r DevRel career, or connect with the wider dev tool community? DevRelCon is the place for you. Sessions = will cover practical topics l= ike metrics and ROI, managing up and down, community management, content cr= eation, career paths, open source, improving and scaling using AI tools, an= d much more.

Grab your $100 OFF discounted tickets= at hackp.ac/TLDR100OFF

Generative AI Is Not Going = To Build Your Engineering Team For You (27 minute read)

Software is an apprenticeship industry = - you can only learn by doing. The industry changes fast, so developers hav= e to keep learning. It takes many years to forge a competent software engin= eer. Senior software engineers don't only write code - they have to be able= to understand, maintain, explain, and manage a large body of software in p= roduction over time and translate business needs into technical implementat= ion. Writing code is the easiest part of software engineering, and it's get= ting easier every day. AI can help generate lots of code really fast, but i= t can't aid in the work of managing, understanding, or operating that code.= Generated code can't be trusted - it needs to be reviewed before it can be= committed and shipped to production.
Oracle Java police start kn= ocking on Fortune 200's doors for first time (3 minute read)

Oracle has dispatched Java audit letter= s to Fortune 200 companies for the first time. The company announced a new = licensing regime in January 2023 that was two to five times more expensive = for businesses with limited Java use. Companies should be wary, evaluate th= eir positions, and only pay for Java where necessary. Signing up for a long= -term agreement may hold customers hostage to fortune when it comes to rene= wal.
=F0=9F= =8E=81

Miscellaneous

<= /div>
The Vote on Elon Musk's $46= Billion Pay Package Is Coming Down to the Wire (4 minute read)

The vote on Elon Musk's $46 billion Tes= la pay package is still too close to call. Shareholders are expected to fin= ish voting on Thursday. Musk has been personally campaigning for the vote, = even attending meetings with some large investors that he usually skips. To= incentivize voting, Tesla has been offering a raffle for a chance of a tou= r of its Texas production plant with Musk. It launched a video with voting = instructions last week that featured its Optimus humanoid robot.
Ask HN: What are your perso= nal red flags when you're interviewing at a company? (Hacker News Thread)

This Hacker News discusses situations w= here interviewees decided that the place they were interviewing for wasn't = right for them. Some common red flags include people having dinner at the o= ffice, complicated interviewing processes, take-home assignments, using mis= leading language, and open office plans.
=E2=9A= =A1

Quick Links

Got Flink? (Sponsor)

Get the buyer's guide to compare the to= p 4 Flink-powered data platforms. BONUS: join Decodable CEO Eric Sammer for= a live talk on the pros and cons of each platform. Download now!
As NASA watches Starship cl= osely, here's what the agency wants to see next (4 minute read)

NASA and SpaceX are planning for the po= ssibility of modifying the Artemis III mission - while NASA still maintains= it will fly a crewed lunar landing in September 2026, almost everyone in t= he space community thinks it will be delayed.
Can Apple Rescue the Vision= Pro? (8 minute read)

While Apple hasn't released sales figur= es, analysts' estimates suggest that the Vision Pro was a flop, selling few= er units than expected.
It's time to BeAcquired for= =E2=82=AC500 million (2 minute read)

French app developer Voodoo is purchasi= ng BeReal for =E2=82=AC500 million.
Elephants may refer to each= other by name (4 minute read)

Elephants seem to respond more actively= to calls that include their 'name'.
General Intelligence (2024)= (4 minute read)

AGI will likely be developed within thr= ee to five years.
Back To Atoms (5 minute rea= d)

AI might be the last big wave before th= e tide goes out in the software development industry.

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If you have any comments or feedback, just respond to this email!

Thanks for reading,
Dan Ni & Stephen Flanders


If you don't want to receive fu= ture editions of TLDR, please unsubscribe = from TLDR or manage all of your TLDR newsletter subscriptions<= /a>.

3D"" --b6S9lbge-- .