Discy Latest Questions

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  1. Zero to one by Peter Thiel is my personal best of the many I've read. Outlined in the book in a concrete approach towards true innovation for a startup and a couple of other great things.

    Zero to one by Peter Thiel is my personal best of the many I’ve read. Outlined in the book in a concrete approach towards true innovation for a startup and a couple of other great things.

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As an interviewer, I occasionally conduct interviews that become painful as time goes on because the candidate is doing so poorly. I have the impression that, in these cases, the candidate internally knows they are not getting the job, and ...Read more

  1. You then have the option to elaborate if you feel so inclined and/or if the now-former candidate asks either with the literal truth or something generic like “I just don’t think it’s a good fit.” I actually had someone do that to me in a face-to-face and that’s how they worded it. It was supposed toRead more

    You then have the option to elaborate if you feel so inclined and/or if the now-former candidate asks either with the literal truth or something generic like “I just don’t think it’s a good fit.”

    I actually had someone do that to me in a face-to-face and that’s how they worded it. It was supposed to be 3 steps in the interview and after 20 minutes they decided I wasn’t suited for them*. I was actually grateful that they chose not to waste my time going through the motions.

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If a Google employee reveals that he or she intends to leave because they have *accepted*–not received–an offer from a talent competitor like Facebook, in some cases they will be “walked off” so that they will no longer have access ...Read more

  1. I know people who left Google for Facebook, they were not walked out. Why would they be walked out of Google? Because facebook competing with Google? I have left Google twice, both times for Apple, in both cases Apple was a competing organization, in all cases I had a good talk with my managers up aRead more

    I know people who left Google for Facebook, they were not walked out. Why would they be walked out of Google? Because facebook competing with Google?

    I have left Google twice, both times for Apple, in both cases Apple was a competing organization, in all cases I had a good talk with my managers up and HR discying opportunities in Google, in both cases I was not escorted, I was given two weeks to talk more and to complete my project. I left in good terms with all my friends, managers and Google. Google is very fair organization, it treats people extremely well . I can imagine that some department might be supersecret and they will do it, but I was working for core search quality which is secretive too and I was asked to leave.

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  1. This is what you are working for, to get customers, that is why you make all these efforts of producing and marketing. In a research it was found that across all industries the average landing page conversion rate was 2.35%, yet the top 25% are converting at 5.31% or higher. While a quarter of themRead more

    This is what you are working for, to get customers, that is why you make all these efforts of producing and marketing. In a research it was found that across all industries the average landing page conversion rate was 2.35%, yet the top 25% are converting at 5.31% or higher. While a quarter of them had less than one percent. A good conversion rate is somewhere around 2% to 5%. If you are at 2% and you make a huge rise even by 2% that would still be counted as average, its neither best nor bad, just good or average. If we talk about the popular unicorns then they have the conversion rate greater than 10%. So there you go, now you know what is your goal and as we say shoot for the moon at least you’ll land among stars.

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  1. The AER is the rate an investor can expect to earn from an investment after compounding the interest annually. In order to calculate the AER, you need to firstly, divide the gross interest rate by the number of times a year that interest is paid and then add one. After this whatever result comes putRead more

    The AER is the rate an investor can expect to earn from an investment after compounding the interest annually. In order to calculate the AER, you need to firstly, divide the gross interest rate by the number of times a year that interest is paid and then add one. After this whatever result comes put it in the power to the number of times a year that interest is paid. Lastly, subtract one from the final result and you will get the AER. The formula of AER is : (1+r/n)^n) -1
    Please watch the video below to understand it through an example.

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  1. I think its indeed a good idea not only for the employees who are working rremotely but also for the companies. It is to be noted that companies that encourage and support remote work often report higher levels of employee retention and engagement, reduced turnover, higher employee satisfaction, incRead more

    I think its indeed a good idea not only for the employees who are working rremotely but also for the companies. It is to be noted that companies that encourage and support remote work often report higher levels of employee retention and engagement, reduced turnover, higher employee satisfaction, increased productivity and autonomy, and lots of other benefits.
    And of course its good for those who are working remotely as there is no commute problem, they get work-home balance and comfortable setting.

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  1. Well the role of a CTO depends from one company to another, but yes there are some basic responsibilities that I guess every CTO has. Since they are the head of technological head of a company so they need to monitor technological, social and scientific trends that could influence the company's busiRead more

    Well the role of a CTO depends from one company to another, but yes there are some basic responsibilities that I guess every CTO has. Since they are the head of technological head of a company so they need to monitor technological, social and scientific trends that could influence the company’s business goals. They also need to identify opportunities and risks for the business and participate in management decisions about corporate governance.
    CTOs also play an important role in research and development. Their duty is to research and recommend the most effective content management systems (CMS).They also maintain current information about technology standards and compliance regulations.
    CTOs got to manage research and development of technology, IT assets and associated revenue. They also need to communicate the company’s technology strategy to partners, management, investors and employees. Also, assist with the recruitment, retention, acquisition and sales efforts of the company.

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  1. There are many types of swaps, although in order of their quantitative importance, they are: interest rate swaps, basis swaps, currency swaps, inflation swaps, credit default swaps, commodity swaps and equity swaps. Generally, the most common kind of swap is an interest rate swap. Swaps do not tradeRead more

    There are many types of swaps, although in order of their quantitative importance, they are: interest rate swaps, basis swaps, currency swaps, inflation swaps, credit default swaps, commodity swaps and equity swaps. Generally, the most common kind of swap is an interest rate swap. Swaps do not trade on exchanges, and retail investors do not generally engage in swaps. Rather, swaps are over-the-counter contracts primarily between businesses or financial institutions that are customized to the needs of both parties.

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What could be the perfect definition of a startup?

  1. This answer was edited.

    In short: startup is a newly established business. That's all. Usually it has about 1-3 founders who develop a product for a certain area of the market.

    In short: startup is a newly established business. That’s all. Usually it has about 1-3 founders who develop a product for a certain area of the market.

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  1. There are four basic types of intellectual properties, they are: 1. Patents: This is important for all the new innovations and discoveries as it is used to protect inventive ideas or processes for the things that are new, useful and nonobvious. Patents are what most often come to mind when thinkingRead more

    There are four basic types of intellectual properties, they are:
    1. Patents: This is important for all the new innovations and discoveries as it is used to protect inventive ideas or processes for the things that are new, useful and nonobvious. Patents are what most often come to mind when thinking of IP protection.
    2. Trademark: A trademark is unlike a patent in that it protects words, phrases, symbols, sounds, smells and color schemes. Trademarks are often considered assets that describe or otherwise identify the source of underlying products or services that a company provides.
    3. Copyright: Copyrights do not protect ideas, but rather the manner in which ideas are expressed like written works, art, music, architectural drawings, or even programming code for software. With certain exceptions, copyrights allow the owner of the protected materials to control reproduction, performance, new versioning or adaptations etc.
    4. Trade Secret: Trade secrets are proprietary procedures, systems, devices, formulas, strategies or other information that is confidential and exclusive to the company using them. They also act as competitive advantages for the business.

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