The Changelog: Software Development, Open Source - Inside Oxide (Friends)

Episode Date: September 26, 2025

Bryan Cantrill and Steve Tuck, the co-founders of Oxide, are on the pod live (to tape) from the stage at OxCon. Jerod and I were invited to Oxide's annual internal conference to meet the people and to... hear the stories of what makes Oxide a truly special place to work right now. The best part was this on-stage discussion with Bryan and Steve. Enjoy!

Transcript
Discussion (0)
Starting point is 00:00:00 Welcome to Change Login Friends, your weekly talk show about going inside Oxide. We're on location at Oxide's HQ this week. Big thanks to our friends at Fly. Learn more at Fly.io. Okay, let's talk. Well, friends, the news. is out our friends over at code rabbit code rabbit.a i've raised a massive series b and they've launched their cly reviews tool it is now out there i've been playing with it it's cool the bottleneck is not code the bottleneck is code review with so much code happening so many people
Starting point is 00:00:49 coding now so much code being generated and so many things competing for developers time and attention to maximize code review still remains a bottleneck. But not anymore, CodeRabbit, CLI code reviews, code reviews in your pool requests, code reviews in your VS code, and more. Teams now have a true answer to what it means to code review at scale. Code review at the speed of AI, and CodeRabbit is right there for you. You'll learn more at coderbid.aI. We'll link up their latest blog announcing their series B and their announcement
Starting point is 00:01:27 of their CLI review tool. Again, code rabbit.aI.ai. We made it. We're here. Imagine a little warm fire. You know, I can almost feel the heat. Can you feel? Yeah, exactly. Who's got the sports? That's right. This is a moment. I am so proud of you guys. The team you built, where you're at, I told you on the call, I'm like, we got to milk this. And here we are. Yeah, we're trying to build. Yeah, we're trying to milk it. We're trying to spend as much time as we can with everyone here.
Starting point is 00:02:00 Well, so I got to say I'm really, because when we talked and I, I said that you know, you're talking about how terrific it was with the milestones we had it. And I'm like, you need to meet the actual team. Yes. You did. Like that. I mean, I've met teams before. You met teams.
Starting point is 00:02:15 I know. You were right. Yeah. You were right. Oh, God. No, I was recording on. The recording's on right. I want to go and we got that.
Starting point is 00:02:22 You're right. You're right. Yeah. You're right. That's right. And also, you were right with no. actually you were right. You know, it turns out you were right.
Starting point is 00:02:30 It's not that hard. It's not that I was wrong. No, exactly. You weren't wrong. In that, I mean, I think it's like everybody understands that a team is important. No one would disagree with that. Right. No one would disagree.
Starting point is 00:02:39 Of course, the team's important. But then you look at what companies do and the way they act. And it's like they don't act consistently with the idea that the team is actually everything. And I mean, that is, I mean, part of what always united. Steve and me, many shared values, but real strong belief in Timor. Yeah. And the highlights of our career have always been working on an exceptional team. And we've, I mean, we've got, we are blessed with a truly exceptional team.
Starting point is 00:03:10 He spent the last day and a half, meeting your team, talking, hanging out. Undercover boss style. Undercover boss. No, like, we got some really good feedback for you all. Like, you'll see it. Yeah. Right. And you all will see it on eventually, but we got some.
Starting point is 00:03:26 201, they're kind, they're smart, they're caring, they, you know, accepted us right in, they're, some are shy, some are not, like all the typical things of humans. Yeah. But just very impressive, like 201. So I guess the honest, or the obvious question would be like, how did you do that? How did you do that? Yeah. And, you know, it's actually not that complicated, which is kind of frustrating that more companies
Starting point is 00:03:50 don't do it this way, but we, from the start, believed we could attract an extraordinary team if we built transparently and really put a beacon out there in terms of what our mission was we one of the things that we believe was that companies were wrong to be deep stealth deep stealth made no sense to me because you're much better off explaining what you're building and why and how do we attract people who are who are drawn to the same mission so everything we did from the beginning like we did a podcast right and that under what like definitely wanted to do a podcast, it was fun to do, but there was a method to the madness. And it was super cheap. And a couple of podcasting microphones and getting these pioneers of computing in, into a garage,
Starting point is 00:04:38 talking about their experiences. And why were we doing that? So they could act as a beacon. And people would listen to that podcast being like, hey, I want to, I want to work with people that got that same disposition. And so from, that was very important to kind of put that beacon out there. And then once the beacon is out there, then you also have to have a way of like, okay, so then how do we down select? Yeah. And that's where, you know, we got lucky by our previous mistakes, mistakes of previous stuff. And Steve and I were not, you know, we were not 20-somethings when we started this company. Right. You know, we were, what, I was 45? You were 41? Where were we? 42? Yeah. Yeah. But whatever was 40s? I think that was, I mean,
Starting point is 00:05:20 One big part of it was we were deep enough in our careers to know what we wanted to do, what we didn't want to do. And then it makes it easier when you're talking to prospective employees, and they're asking, like, what do you hope to achieve? And a lot of companies are hoping to achieve, like, a fast start and get acquired. Or they want, you know, a quick run. And then they're not talking about or planning for a longstanding company that they want to go build. And if that's, if it's the former, there's a lot of, like,
Starting point is 00:05:50 like short-term decisions that are actually better for the short-term that do not serve a long-term that you don't intend to go build towards. And I think, you know, what we wanted to do is we wanted to be doing this for like 40 or 50 years, like the rest of our careers, anyway. And when you have that disposition, other people that are attracted by the beacon of a big mission, an idea to go do something, and then can hear honestly and earnestly that we're trying to build a good company first and a longstanding company first. It allows for folks that are like deciding whether to leave where they've been for a period of time and actually
Starting point is 00:06:30 jump in and jump in for the long term. And I'm sure you've gotten this from some of the stories of folks, you know, they got here and they're seeing like-minded folks all over the room that want to go build something, build something for a long time. So it is, it was helpful to have a shared disposition towards building for, you know, as long as we can, versus a quick short-term. That makes a lot of sense. And then the down-select, we call it down-selecting, the narrowing down of the candidates. Yeah. You have this rigorous written process.
Starting point is 00:07:04 Everybody talks about it, the materials. The RFD. Yeah, we got an RFD that describes the hiring process. And that really came from hiring mistakes at previous spots. Like, what do you mean? I mean, I made the worst hire of all time I made the worst hire of all time And which is
Starting point is 00:07:21 Steve didn't do that No no no no no Steve didn't do that I mean She's in the room Yeah I mean it was also like you know Steve as like When someone else in the room Has made the worst higher of all time
Starting point is 00:07:31 Like it doesn't matter if you made the second Worst higher of all time It doesn't matter You're covered over Yeah and I It was very helpful So I've done that And you know
Starting point is 00:07:41 In Silicon Valley People are often like Well, I think I've made the worst hire of all time. And I'm like, look, I will hand you the crown right now. I'm like, I'm happy to get rid of this thing. You should know that the guy that I hired, presented himself under an assumed name, had served time in state prison for violent felonies,
Starting point is 00:07:58 and it's not what made him a bad employee. That's bad. Yeah, it's bad. And that, we took hiring down to the studs after that. And again, this is the benefit of having done this at kind of a previous stop of realizing that interviewing people. When you said, you mentioned this, when you were talking to folks and getting different personalities, some are shy, some are anything. And so often when we do an oral exam as the way we determine whether someone joins a team, you are selecting for one aspect of a person.
Starting point is 00:08:30 You're selecting for their charisma. You're selecting for their comfort with someone that didn't ever met before. And there are so many terrific technologists that are nervous when they're talking to someone for the first time. And that you will interview and you may like, I don't know, but you read their written work. This person's extraordinary. And so we just, we believe strongly that the best way to evaluate people is them speaking from the heart in writing. And it's just very revealing in terms of what's important to people. Because ultimately what we want is we want a company that is that we've got a shared mission, but bonded by shared values.
Starting point is 00:09:12 And there are so many challenges in running a company that kind of go away. You know, if everyone is like really high performing and kind and communicative and collaborative, like there's a bunch of like problem. Not to say that like there aren't problems to go tackle, but the problems that you do need to go tackle are much easier to go tackle. One of the things that I've been, I mean, we actually, there's a degree to which, frankly, we don't, I'm a little disappointed how little interpersonal conflict. we have in Oxide? Because I've got like a lot of flight. We have a lot of flight right here.
Starting point is 00:09:46 Maybe. Because I've got to like, no, because of some of the ways we have built things. I mean, so for example, one of the things that we've always talked about is we record every meeting. If you had something where like a meeting went really sideways and people came out of a meeting really upset, the
Starting point is 00:10:04 ability for everybody to go back and rewatch themselves, rewatch the person they're arguing with, And, hey, can you see how, like, so this person you think drew the wrong inference and became upset. But now you can see, like, watching yourself how they might have drawn that wrong inference. I mean, speaking for myself, I learned a lot about myself listening to past meetings that I was in. And I would go back to relisten them or rewatch them just because I thought I'd miss some content.
Starting point is 00:10:33 And one of the things that I realized about myself that I guess it seemed obvious, but I really had to rewatch myself to appreciate, when you're in a meeting and you have something that you want to continue. tribute. So now your brain is keeping your little, like I got my little, my little, my little morsel waiting for my turn. I'm like, I'm like, waiting for my turn. I'm like, waiting for my turn. And I'm keeping my little morsel warm. It is really hard to listen when you're in that mode. And so when I would do is I would re-listen to myself and someone else would make a really important point. And then I would say something that it wouldn't be necessarily obvious to anyone else, but it was obvious to me. Like, no, you dumb. you just missed something, you thought you were listening.
Starting point is 00:11:15 And I would have been like, self-awareness, really, right? Hand-on-hardt, would force that kind of self-aware. There's so many people who are not really that self-aware. Well, it's hard in the moment. When you go back to it, it's hard on the moment. But when you go back to it, you're like, oh. And it's like when you've built a company around that kind of inspection and self-awareness, when you do have these kind of conflicts arise, you have new tools at your disposal to go resolve them.
Starting point is 00:11:36 Yeah. It's coping, right? I mean, you're teaching basic human skills here. Self-awareness. How to cope. Well, so I think, are we teaching it or are we selecting for it? Because I think you're creating a culture that helps people do that naturally. Yeah.
Starting point is 00:11:53 The recorded meetings, self-awareness. How did I respond? Coping. Right. Right. Well, the self-awareness starts with the materials. Yes. You're having to write both like examples of your prior work and what you've done, what you're
Starting point is 00:12:06 proud of. And then some open-ended questionnaire questions, which basically are asking, like, when were happiest in your career and why when were you unhappiest in your career why and know the answers to that take people to places they didn't expect when they were like oh i'm just going to throw my hat in the ring for a particular job and they'll tell us they get into it and they're like jesus cra i'd have to put my pencil down and i'm just like sitting here therapy just like i'm back in that moment where i was you know i had you know my boss was telling me to let go of this person so i could promote the other person and uh all these things that were just in intentioning each other and what's really
Starting point is 00:12:41 really helpful is then when we do have conflict uh you can take two people that are pitted against each other on a particular issue and you can say hey want each of you to go back and read the materials of the other person when you were like holy shit we have to hire this person and you were like god that is someone i really want to go work with and talk about like a way to resolve that tension and get someone thinking about again like all right hold on why are we here because you remind yourself but like we actually agree on a lot. You may be disagreeing on this issue, but I go back and read your materials like, oh, right, right. We actually are trying to do the same thing. We are actually, we've got a lot in common. When you all mention materials, what I've been thinking
Starting point is 00:13:24 about, if I'm wrong, but I feel like you expose a lot, but you also take a lot of way that became bias. There's a removal process by the way that you expose this. Who is it? What do they care about versus their human attributes? How they look? They color their skin, maybe even, like where they're from? For sure. What is removed from that process that's usually distractions that helps you focus on the good stuff that you should focus on?
Starting point is 00:13:51 I think so. I mean, I think so. And it is interesting because, I mean, I think that, you know, one of the hiring is always going to be a challenging process, right? And we are always going to have. And one of the questions people have was like, should I put a little view in on someone that I've worked with? because I like I've worked with them
Starting point is 00:14:08 so I'm like I'm biased because I've worked with them it's like you should definitely put a review in on them well because you know them well and and we've seen it go always and one of the things that we see that we where you work with someone you thought they were really great and they apply the materials are not good and that's the tough that hurts
Starting point is 00:14:26 it hurts and it's happened to us all and you're like oh man I you know I wanted it to work out but but people like But I know that, like, because we're so direct about here's what you need to go do and, like, read the RFD, listen to the podcast episode, where we tell people, like, don't put it all in the materials. Like, don't, we get people who are like, well, I'll tell you more in the interview. It's like, right. It's not going to be an interview.
Starting point is 00:14:53 Yeah, you got to put it out there. And you've got to put it out there. But then people aren't able to do that. That's telling you something. And it's telling you something important that, like, this is not necessarily the right fit for you. And we know also, I think the other thing is, like, you don't want to be too sanctimonious about it. We're not making absolutist judgments about, like, we're not hiring the best. We are hiring people that are, that we think are the best fit for the roles that we're hiring for.
Starting point is 00:15:19 And, you know, one of the things that we definitely, we actually, it's been, one of things been fun about the company as we've been around for long enough. We've had people apply for the company. And you read their materials, you're like, this is, I like a lot here. but this is off for this role and then two years later there's a role that opens up that's a better fit for them
Starting point is 00:15:40 sometimes we've communicated to those folks that like hey I loved your materials but here's why it wasn't a fit sometimes we have it and then they come in on our one like oh this is like now the time is right so it's like I think that like you want to be careful
Starting point is 00:15:54 about about kind of this is not kind of an ordering this is finding people that we think are the most likely to succeed at OXide. And honestly, one of the things has been really challenging is we've got a lot of people that apply for the company
Starting point is 00:16:10 that desperately want to work for the company. And it's really hard to turn someone like that away. And they pour the heart and told. They could be good. Because it could work out. It could work out. And it's like the problem is like we are, we don't have an infinite amount of resources.
Starting point is 00:16:29 And we do have to make decisions. Those decisions are very hard. What you described is something. would call a velvet rope right when you go to a certain club or a certain place there's a there's a line that says if you pass this bar or if you meet these guidelines or you are a fit come on in but if you don't politely yeah not now not now right yeah that velvet rope is a very powerful thing in your business yeah and i i think it and i i don't like that i don't like the that I don't like the explicity of it,
Starting point is 00:16:59 but that's just the reality of what we need to go do. You have a responsibility. That's right. Right? To these folks here. 100%. To do your jobs. It.
Starting point is 00:17:10 And be selective. That's right. I think we have the good fortune of now being very, very oversubscribed. Right. In almost every role. So it is tough because there will be like a great candidate. And then an even better. candidate that is just a better fit and I think you know we are we're obviously
Starting point is 00:17:34 growing we're expanding we got more wrecks out there than we've ever had by a factor of two so that helps but it's still we're still massively I was subscribed when I think actually one of the important thing on the just the job descriptions that we have out when we put a lot of effort into the job descriptions we want to make sure the job describe the job describe the job we're gonna do something radical. We're going to describe the job, not make up a bunch of bullshit requirements. Yes. Yeah. And no AI slop.
Starting point is 00:18:01 No AI slump. Really? This is human generated. No, hasn't AI submit materials yet? Oh, yeah. Oh, yeah. Yeah, well, so you also have people, you just want to give them the feedback. Next time let an AI write this. Like, this would have been much better. With, like, grammar check and stuff.
Starting point is 00:18:17 Oh, we've gotten some real stinkers in that regard. Right. But you, and actually, it's a friend of mine, and we're talking to an old friend of mine, and we're talking about It's like, won't work in the post-AI age. And like, well, let me describe the questions we're asking. It's like, when have you been happiest and why? Hard to AI slop that one into existence. And it's so true.
Starting point is 00:18:35 And when people do... It's such a personal question. It's a personal question. It requires introspection, journey. Yeah. Hard to just generate that one. Yeah. It is hard to generate that one.
Starting point is 00:18:45 I would say one modification we made to the materials is we asked, the last question we asked is, why do you want to work for oxide? And unfortunately, I mean, it's, I think. It's an unfortunate kind of indictment of the age we live in where people like, I want to work for Oxy because it's a principled company that like you hold just like, you know, honesty and integrity and decency. And that's great. We view that as a constraint on like operation.
Starting point is 00:19:10 We think that any company should have that. Like that, I think that that is great that that resonates with you. That is nowhere near enough. That is nowhere near enough. Like I need to know. We need to know that the mission. speaks to you, that the role speaks to you. We need to know that like, and one of the things we've done is we've put more and more
Starting point is 00:19:31 in our job descriptions and given people more opportunities to explore to the degree that they're a fit. We want you. We're very transparent. We want you listening to the podcast episodes in the RFDs, in the repos, and the more you can do that because you need to try it on to see if, like, if this is actually earnestly going to be a fit for me. And so one of the things we've added is not just why do you want to work for oxide.
Starting point is 00:19:53 but why this role at Oxide. And that's been really, really important. So I described some of the character of the characters that we met here. Adam described some of their lifestyles all around the world. One thing that I think it seems to be missing is youngsters.
Starting point is 00:20:10 Yeah. Everybody's generally 30s. I would define youngsters. First of all, I mean, we made a match reference. We made a match reference that literally half the company didn't get. I saw the hands. It was a half of us got it.
Starting point is 00:20:22 I would say it 70% it seemed. Not it? Was it around 70%? No, no, no, no. I saw a lot of hands. No, no, no, there were a lot of hands on it. Less than 50%. We don't want to go.
Starting point is 00:20:33 So you're overly subscribed. You've got tons of people that want to work here. You're right, and so I would say, you have a gluttony of riches and choice, right? Yeah, and at a certain point, there's a demographic that seems to be missing. It's like someone who's fresh out of college, fresh out of high school, maybe had a different perspective, maybe his first principal, but it's wondering. That's a challenge. And I think it's because it's because it's because it's because, it's because it's because it's because, it's
Starting point is 00:20:52 because we, I mean, I obviously had a job straight out of college. It's straight out of school. I went to son. It is important that we are in an environment. I want us to be able to be in an environment for that. And we do that people apply straight out of school. And whenever I look at someone straight out of school, I am like, okay, this is like unlikely, but let's see. And I always go into the materials with an open mind.
Starting point is 00:21:15 The materials a week. I mean, the materials are weak. And I think that like, and look, I mean, I kind of. You know, I say I hate the exclusivity, which may make me a hypocrite from what I'm about to say, but like, this is an elite team. And like, hey, I want to play Major League Baseball. I'm a good high school baseball player. It's like, all right, you want to go play Major League Baseball? That's great.
Starting point is 00:21:36 You're going to go play D1, and then you're going to go play maybe you're going to play Indy Ball. You're going to be on the bus. You're going to be in the minors. And you'll be playing Major League Baseball when, you know, when you're 25. Maybe if you're Bryce Harper, and if the Bryce Harper of Sovereign Jering or the Bryce Harper of Sales applies, I think that, like, that, the materials will show it. The materials will show it. But it's like, we are not going to be, so, you know, I think that in the abstract,
Starting point is 00:22:00 I've wanted to be able to be somewhere for a stop. Right. But as a practical matter, when you're building an elite team, isn't really practical. I mean, it's like, we need like a minor league oxide. You know, we need, like, hey, you know. Oh, hey, come on now. Ballers. Exactly.
Starting point is 00:22:14 Hey, now. I think there's, I think a farm team is a decent metaphor because don't you guys. Yeah. that eventually. I know you're in a different phase now, but maybe eventually. We will eventually. And I think the, and we, we have folks that, you know, just several years out of school. Right. And that work here. And I think it is just easier to know yourself and know what you want to do and be able to express that in your materials. Yeah. It's just a few miles on the tires. Yeah, this is a very important way.
Starting point is 00:22:44 A few miles on the what? A few miles of the tire. Okay. There was a big difference. Yeah. That allows you to understand. and a little bit more of what you want so that this is not like trying on work. Yeah. But this is like where you want to go really apply yourself. And I think part of it is like, you know, we have fewer submissions from folks
Starting point is 00:23:03 that are earlier in their career than later in their career. And I think it's, you get into the materials and you're like, this is not a trivial. He views them all. He's shaking his head. It's not true because fewer materials that. Go ahead. There we go. Then what?
Starting point is 00:23:16 Are he the first round and he's the second round? No. Yeah. He's the primary filter, right? You said that earlier. while at least off-camera. Let us don't make it through the first time. That's right.
Starting point is 00:23:25 Okay. There are many fewer quality materials that even like moderate quality materials of folks that are very, very, very, very earlier in their career because it is hard to describe robust experiences that you haven't happened. There's also, just as Steve said, there's a really big difference between a 22-year-old and a 25-year-old. And a 25-year-old and 28-year-old. Like, that prefrontal cortex is, like, is still developing, right?
Starting point is 00:23:53 And the, and so we get, you actually, we do have actually plenty of people. There are people here that are younger than you might think. Okay. And there are, I mean, certainly we got plenty of people here that are much closer to our kids' age than they are to our age. Definitely. And the, but they didn't come straight out of school. They had experience in the world. They had two years, experience, three years, experience, four years, and, like, you look at those folks that are exceptional.
Starting point is 00:24:16 The experience they had was exceptional. you know, they were in a real hit and they were that were they learned a lot in a very short period of time. They're wise beyond their ears. One of the thing that a lot of people have said when we asked why you work for oxide, why you like oxide and this reflects in your
Starting point is 00:24:32 management style, which you says is trust. Your management style is trust. Is they say, well, they treat us like grown up. They can treat me like a grown up. And I think that's an awesome way of describing it. That'd been saying everyone here's a grownup. People were saying that we treat them like a grownup. But they are grownups.
Starting point is 00:24:48 though. Well, exactly. I mean, like, it's just nice to be recognized. I guess I'm right. Another indicted. It's like, that's the bar? That's the bars that a bunch of grownups getting chew to? I mean, I don't. I know.
Starting point is 00:25:00 I know. I think that's sorry. Well, I mean, it just speaks to the experience level of the people, right? Like, there's self-starters, they're motivated, right? And, and of course, this goes now to where I always end up, which is like, how long can you keep doing that in terms of. As you scale. For as long as you can. As you scale.
Starting point is 00:25:17 Look, if people are coming. in people are coming in drawn to the mission and especially excited about working with this exceptional team there's a responsibility to the team around you we see this all the time where folks are trying to do their best work because they feel an onus to these people around them that are doing their best work you can take your foot off the gas and you don't want to like you want to show up and help your peers and help your customers and that's infectious and so it's like i think as you have that in the collective it's very hard for the next five people to come in and disrupt that.
Starting point is 00:25:51 You come in and you are trying to live up to that. And so that ends up being this gravitational pull to where you can keep growing with everyone with that same disposition and it, I don't know, like it's hard to am that. Like the bigger that gets, the harder it is for the next group
Starting point is 00:26:06 to tear away at that. I mean, I will say this that like if you talk to founders where companies have lost their way and indeed like the Brian Chesky piece that inspired Paul Graham's founder's mode. They will say that culturally we lost our way. I didn't spend enough time on the culture. And I think we would say, well, you didn't write the culture down early enough,
Starting point is 00:26:29 and you didn't use the culture as a lens for hiring. So the company lost its foundation. You say, like, how far can ask the good question, like how far can scale? No company has ever been at our size with what we have in terms of the strength of culture that we've got. I mean, there are very few other... And consistency from where we started. There are very few other companies, period, that use written materials as the primary rubric for hiring. But they're not you.
Starting point is 00:27:01 And so, like, we don't know. Like, that has been so important to us to scale out. It's like, it would be foolish for us to say what we can or can't do because we just don't know. Like, we were... Pretty concretely, like, when we started hiring sales, a bunch of people outside the company, we're like you've got to stop the materials process you cannot hire salespeople to spend even the salespeople like move move very quickly there's recruiters involved like you take that long they'll be gone they'll be off the market yeah and we're like well well no like that's it's a hard constraint like we actually are going to require someone to spend like a couple several hours uh writing down
Starting point is 00:27:38 their thoughts uh if we're going to consider them to be one of the you know foundational members of the sales team or the next five or the next five and it's Turned out, exceptional salespeople loved the process. They loved describing themselves, like the curious attributes of their character and how they do research on a company before they show up to the first meeting, which is a sign of respect and allows you to get into a deeper conversation more quickly, rather than how can I hook them on some quick little, like, why this company does this? So they really enjoyed the process.
Starting point is 00:28:13 And now they bring that into the sales culture. for the next round of sales hiring. Do you ask a different questions than you ask? We do. We ask a, yeah, so what we've done is we've changed the portfolio questions. So the questionnaire is the same, because we found that the questionnaire, happiest and why, unhappiest why is universal. The portfolio questions change.
Starting point is 00:28:34 And one of the things that we do is we, if we're, especially if we're hiring for a new role we've never hired before, we want to go find the person that we would love to hire that's working in that role, unhirable, because they're happy. help us figure out what the materials should look like for this person. One of the questions we should ask if we're trying to get at curiosity and responsibility in a sales context and lo and beholds as they start being like, okay, here's how I'll put the materials together. And then like six months later, they're like, hey, you have an opening over there? I might be interested. It's like, I thought you weren't interested. I thought you're happy.
Starting point is 00:29:08 Like, well, you know, I just might be interested. Thanks, change. And I think that the, so we do change that up. And it's interesting. So we do change And it's interesting to look at, because I think that those changes are really important. So we are asking, you know, for, especially for roles that our customer facing, we want to see evidence of real customer curiosity and depth because, you know, when we, it's great, we obviously wanted to build a company that employees to be proud to work for. It's great. We also want to build a company. It is equally, if not more important, that customers love to buy from. We, we, it was very important to us from the outset that we build a company that we because you're talking about
Starting point is 00:29:48 trust as a management philosophy it's true trust is also a a customer and market engagement philosophy we because you know i was at sun during some very very dark years and we had a non-competitive microprocessor and one customer told me it's like you know i got to tell you like the products you make are not competitive right now uh there are a bunch of things about sun that i that are really trouble i've been really difficult for me to deal with. But I really want you guys to make it. And the reason I keep you in here is because you guys never lied to me. The only one's never lied to me. Come in here. If your products are not the right products, like you'll help me find something better. Right. You, you, you always want me to
Starting point is 00:30:32 succeed. And I got to tell you. That also seems like a low bar. Like, look, you guys don't lie to me. Oh. Everybody else lies. I know. I think you would be surprised. But that's it. I am so it's Typically transactional. And what you want is you want, I mean, yes, like sales is about transactions, but it cannot be transactional where someone is thinking about their quarterly number. I mean, yes, you absolutely want them hitting their goals, but thinking the long game with these customer relationships. And you find that those that have played that long game and have built trust with customers have these longstanding relationships with customers, even if they went to two companies, three companies. And so how do you understand? how they think about being not just the representative to the steward of the company with those
Starting point is 00:31:18 relationships. And the materials are a great place for that to take shape. And we've, then we've gotten great feedback from candidates that they've done the materials. They're like, hey, you know what else? It'd be great to talk about in here. And just, again, we feel very fortunate that the founding sales team here are big believers in the process and want to carry that forward. say like when we were first trying to hire for sales my own conviction was kind of wavering i'm like steve are is the materials process the right process for sales and so yes seems like emphatically yes we just haven't found the right people yet and we just need to like be patient and we also you got to do more than that like because for some roles yes we are very oversubscribed for other roles like
Starting point is 00:32:06 we got to go out and like really shake the tree and you've got to be willing to go find the people and have the pre-conversations with them. I mean, Steve and I've had many conversations with candidates. Like, I don't know about Oxide. Like, look, let me hop on the phone with you. And what I want to close you on is digging further into the company to get you to the point where you're submitting materials. So we are happy to get engaged in.
Starting point is 00:32:28 But I will say, when we got early in the process with sales candidates, one of the things we kept seeing was these materials that were not great because it was sales people just pounding their chest. And if you think about, like, what they are predisposed. are conditions to be able to talk about it is how I crushed my number, how I, you know, I was the first person to close this size deal. And like, great. I mean, a lot of people are involved in closing big deals. What we want is story time. We want to hear about like when things didn't go great. Did you run towards it or run away from it? Did you, you know, how did you deal with,
Starting point is 00:33:07 How do you treat your peers when you're working on a large, complex customer engagement? And it's funny because we've had candidates that have submitted materials that were just all about the headlines of success metrics, which is how folks have been trained. We had to get better at how do we ask the right questions to get them just like, just the stories you tell around a campfire. Right. About the, like, the scar tissue that you have with tell us those stories. So where does that make you come from? He was wavering.
Starting point is 00:33:36 Why did you believe so much that that was still the right path of sales when it was a struggle at first to find the right people? Oh, because it's not about sales. I mean, it's it is nothing to do with a particular role, whether it's solutions engineering, support, sales, finance. We're, you know, I think, again, back to, like, folks that have shared passion, shared values and a shared disposition about building something meaningfully with people. people they love working with for a long time and doing it the right way, like, that's what you're looking for. And then when you find that, it doesn't matter what particular team or role or anything. I mean, I think you all have started to feel that across the company, and that's where the flywheel starts to take shape. You just got like, you know, it's not about
Starting point is 00:34:26 these siloed organizations where you have to do things differently because that's a certain type of animal. And, and then, you know, thankfully, we started to see like, holy, shit, that's an incredible salesperson that love the process and like, just go read the materials. And that is, whenever you're doing something that kind of takes conviction that's contrary, you need those early omens that like, I'm not totally on the long path. You reinforce it. And to reinforce it. And it's like, I mean, when I say like my conviction was wavering, I mean, I don't think
Starting point is 00:34:57 I needed much in the way of convincing, but it was. But it actually was extremely helpful that Steve was so emphatic because I think that we've all, I mean, for us, the proxy, especially in sales, how much of your sales is like understanding what a customer needs and then sculpting what you've got for that customer? It's like, well, we're being very explicit with you about what we need. And it's like, this is a very good proxy for a customer relationship. And if like, yeah, like, if you're not reading the RFP thoroughly and you're kind of shooting your mouth off, it's like, well, you're not going to work.
Starting point is 00:35:30 Then how rigorous are you going to be on that, on the thing that you're submitting to that CIO? And you're going to be like, oh, well, I rushed through it because, you know, I was on a plane. It's like, no, what? So it gives you. And I will say that the other thing about this company is that like we, and this is where you get to that trust. Like we, this company sticks it. Like we know that if someone is out there representing oxide in any capacity, sales, finance, operations, engineering, we know that they themselves are going to hold themselves to a high standard of execution. But I would say like the reason that it's reasonable to ask like, how do you, how could this scale?
Starting point is 00:36:05 It is easy to see how these things don't scale, meaning, like, there was real investor pressure early, especially around sales hiring where it's like, why, I want you hiring faster. Why aren't you hiring faster? It's probably this materials process. You know, and so you can, you can totally imagine scenarios in which you're like, okay, there's just like too many, like, too much external pressure. Yeah. You've got to like relax these constraints. Right. And that's not to say that you don't need to adjust and modify things as the company gets bigger and you are.
Starting point is 00:36:40 But the foundation is so, so, so important. And, you know, sticking it out just a little longer, you get these omens. And you're like, okay, all right, actually, no. Like, stay the course. And then you get the, like, down the road. It's like, oh, man, what a great model. And this happens because I do, I mean, I end up reviewing a lot of materials. And you just get, like, numb as they're reviewing materials.
Starting point is 00:37:03 you're and then you can have a like a candidate that's just like a bit better than the others like oh this person's great you're like no no no I'm just like I'm numb from these others and then you begin to like god maybe this is unreasonable like especially when it's a new role like god is this a and then you get that superlative candidate and you're just like oh thank god all right yes yeah it still works there's still hope there's still hope so on that vein fast forward 20 years you guys are retiring from oxide right so 20 yeah yeah and there's people just around you forget to like We're a youngster still. Okay.
Starting point is 00:37:35 Fast forward, 40 years. 40 years. Okay, fine. 40 years. You've built a generation of computer company. Yeah, yeah, yeah, yeah. The next generation is running it. You guys are ready to hang them up.
Starting point is 00:37:45 Are you still, does oxide still do uniform compensation? Predicted. Oh, boy. Hmm. Hard enough. I genuinely, hand on hard, don't know because I, I just don't know. I think that we, it's easy to, I can easily go either way. he'd be like, no, no, of course not, because, like, that generational company has to have,
Starting point is 00:38:07 like, 10,000 employees. I'm like, no, God, that would never work. And then I can go to the other side of, like, yeah, that generational, that generational company only had 500 employees, only had 600 employees. And I just don't know. I mean, I think, Steve, Brian doesn't know. I don't know. I think the kind of like the foundation behind uniform compensation still remains.
Starting point is 00:38:33 which is what uh transparency for sure transparency is that there be tiers maybe still uniform but like tiered uniform like uniformity that does that make it non uniform well look i'll give you an example so like we we do not have uniform construction of compensation at oxen right we have salespeople right that are putting something in the middle where if they do not achieve their target they make less than everyone else at the company yeah and if you And if they overachieve their target, they make more than everyone else at the company. And we have definitely had open conversations about whether others are interested in putting something in the middle. You know, it gets a little interesting when you're like, okay, well, then what's my, like, is my pull requests?
Starting point is 00:39:19 Right. Or how many sodering? Right. Right. Right. And, and, and the, but again, like, if we're, if we're thinking about everyone having an equally important role in the company, I think that's foundational as well, where a lot of people are just like, oh, you can't possibly pay the same for a support engineer, right? Always support insurance.
Starting point is 00:39:41 Support. Always get respect. They always get kids. It's like I got to kick one of these. So support, get over here. You know, drill. I'm going to kick you. And so, look, I mean, is there is there a future where we want to be building folks that are earlier in their career? And I was thinking about, yeah. I mean, a farm team. The farm team, yeah. Look, I don't know, don't know, but I think the things that start to, that eventually you're asking questions around are, I mean, we already hit this first, like, is it rigid in all regards, or is it the foundation of transparency and kind of an equal weighting of value
Starting point is 00:40:21 of job, which is kind of like the first two important pieces? And then sales was the first time that we broke, you know, it being completely rigid uniform across everything but but landed on transparency and kind of equal weighting uh and so yeah the things that will open the question is uh you know how will we address uh folks that are earlier in their career as we get further along um and international i mean i don't know i would like to believe that the we're going to be able to hold true to the foundation of this thing regardless of international and some of the other things that we've been told so frequently like oh the it's just kind of a waste of time to think about it yeah because it's like actually not there yet
Starting point is 00:41:11 the only thing I care about is like does it scale to like the next 10 hires and the answer to that is yes so that we kind of figure out and I think that the in the other thing that the you know the escrow that we have here is so sacred that we and and I it's It's not unrelated, right? Because people don't, when you, whenever you tie compensation to people's individual actions, then people will adjust their individual actions accordingly. And what you will, it's like, well, if I, if I, am I doing this, like, is this what I'm on? This has been my OKR, my MBO? Is it yes or no? And like, we want people to make the right decision. And we want them to do that when we trust them to do that in the moment. And so we don't want to lose any of that. So anything we would do that we want to be very careful about anything we would do because we don't want to lose any of what we've got because what we got is lightning in a block.
Starting point is 00:42:09 I mean, I think you'd be hard for us to find a team this large, with this kind of breadth and this kind of depth that has this kind of a sprint in the order. And by the way, throughout, we've been wide open to the questions. We would never do anything where it was, you are unable to serve your customers appropriately without X. You are going to hurt the company or put a limiter in front of where the company can go because of why. And we've had the good fortune of like when it comes to this topic,
Starting point is 00:42:40 we have never had to compromise or make sacrifices around our customers and the growth of the business around that. And I hope that'll be the case for a long time to come. One of the things that you said in our conversation initially, Brian, with even doing this, Even being here, was you wanted to capture this special thing you have, papers, materials, the whole process, and expose it. You want to kind of, I think you said the word infect, or something like that to other companies out there. But you hope that you could be a leader in that front. Yes. We're going to put something out.
Starting point is 00:43:14 We're going to share the inside of something. That's right. You'll prove it, of course. Yeah. But it's to be a version that you can showcase what's happened here. What do you hope happens? What do you hope people do the changes, maybe the Goliaths, the
Starting point is 00:43:27 Googles, the whomever's? You'd think, though, they probably won't change, but maybe the next version of... The fangs will be reformed one funeral at a time. Sure. To paraphrase, Thomas Coon. The... There's no
Starting point is 00:43:42 salvation, I think, for those companies. I think that the... You know, Jared Diamond's collapse is very instructive in this regard. and you companies, when the culture is wrong, fixing a culture is such a gargantuan amount of work that you would have to, and so thankless in so many regards, and there are so few people that are capable of true cultural change,
Starting point is 00:44:13 you'd have to ask yourself, why would someone do that? Why would someone sign up for that job? And this is like, look no further than Intel. Like, Intel has had an acute cultural problem for decades. And they've got, I mean, really the first person in, they've got their first outside CEO in their history in Lipputin. And not coincidentally, it's the first person who's trying to fix the culture problem. It is far too late.
Starting point is 00:44:40 And far too late to that company. I mean, good luck to them. But it's like the kinds of things you need to do. You've got a big new investor? That's what that is. Oh, God. Yeah. You and me.
Starting point is 00:44:53 Yeah. When's the board meeting? Do we get to go? I said, like, I didn't get a choice on this one. No, no. I guess I invested. Oh, I guess we invested. Yeah.
Starting point is 00:45:01 Anyways. So I think that we're, that I think you kind of have to give up on. I think you can have, what I think is possible is around new company formation. And inspiring a rising generation. And one of the things that is, you know, I've got a lot more, I've got a lot of faith from the rising generation. I think that the, you know, maybe just from my own kids and their friends
Starting point is 00:45:27 and the kind of the approach that they take, I think that young people have, yes, they've got flooded with a lot of dis and misinformation, but they've also got the ability to go find, like really information that is a real source of truth for them, in a positive way. And I think that we can be an inspiration for that new company formation.
Starting point is 00:45:46 I think we can tell people there's a different way to do things. And people, and I think to a fault, have mimicked some of the bad behavior in Silicon Valley. And that bad behavior has kind of reinforced itself. The TV show? I have a TV show or Silicon Valley like the place, right? You've seen that behavior around here is degraded.
Starting point is 00:46:09 And there is... Well, and I think people are just by nature moving fast, looking to copy things that are around them, pick up stuff that, like, probably worked or sort of is the way you do things. So I think, part of getting it out there is giving, like, another little blueprint that one could follow. And even if they're not rigorously evaluating it, they're like, that seems plausible. We had also the ecosystem around new company formation.
Starting point is 00:46:36 So a recruiter that we used was one of the parties that was just like this materials thing is bonkers. You can't. You guys are just wrong. I can't work with this. Right. I can't work with this. You understand?
Starting point is 00:46:48 I'm working with like, you know, 50, 60 companies and talking to hundreds and hundreds of candidates across this companies. You will never hire someone this way. He'll never hire some this way. This is not how it works. And it took some time and some, like, to get them around the bend to agree to work with us on this and kind of like, kind of like, work together to help them with how we operate through this process. And it's some good feedback for us just in terms of, or. Let's say we landed on a good process. There we go.
Starting point is 00:47:20 There we go. And by the end of it, we had a candidate come aboard that they were, that they had worked with. One, I would say, very key moment in that path. They would have a candidate that they're very hot on. We would talk to them. It seems possible. Candidates is good. We have a good conversation.
Starting point is 00:47:42 They submit materials. Materials are poop poop. terrible terrible terrible materials and i i mean it'd be interesting to talk to these folks but like we would send the recruiter the materials and the recruiter is a smart person yeah i mean and so like on the one hand like had yes had the conviction of their own beliefs but is it is an intelligent individual and they would read the materials and be like oh oh those are bad right sorry about that yeah well and i think it also like it may be like challenging some of your priors like actually maybe
Starting point is 00:48:17 I thought that guy was really good and you guys talked to the guy and you guys also thought he was really good and now all of us can agree that based on the materials it's terrible what maybe I've been like maybe I'm not gauging this correctly
Starting point is 00:48:34 is that like talking versus walking though because like papers the materials I keep saying papers the materials are kind of like walking through your paper you can yeah go your papers some of your papers you know you can talk a lot but can you walk the materials is like to walk yes but in the case of this recruiter by the end of the process they said they and we've seen this uh
Starting point is 00:48:59 across investors recruiters where they are now like taking that process and begin to implement so this particular recruiter is like if you don't mind i want to start kind of like educating some of our clients on this process right because i'm now seeing value in being able to get higher quality candidates further along with these engagements. So there's an example of like, we love that. It'd be amazing. And anywhere we can help where this helps others begin to do hiring, you know, add elements for their hiring process that helps them get better people aboard.
Starting point is 00:49:35 I almost wonder two if it's not a byproduct of how we force hiring. Like I know people looking for jobs like, I submit it everywhere. Oh, right? Yeah. You kind of have to gunshot your opportunity. Because one, you're between things, you're desperate. Maybe it can be that situation where you got laid off. And your position is not of your own doing necessarily.
Starting point is 00:49:56 You may have been upset about where you were at. Maybe you would have changed and you would love Oxide or whatever. But it's almost like the hiring scenarios is forced to go gunshot. Let me put my, let me put who I am everywhere versus go super deep on where I truly can't apply. And what you see. It's got to be both sides, though. The company has to do what you all do, and the candidate has to be willing to do what you ask them to do.
Starting point is 00:50:19 In particular, what you have is a lot of companies, and I think it's a mistake. Companies are thinking, like, well, you know, this is a lot of, like, tedious resume review. This is a great task for LOMs. Let's put LOMs in charge of this, and let's relieve the human of having, because they only do resume review.
Starting point is 00:50:35 They don't look at them, they don't have any other materials to look at. So the cynicism that you see from job out, it's like, look, these guys just use the AI anyway? Yeah. So what you need to do... Plan the game. Play the game.
Starting point is 00:50:47 And it's like, it's basically random whether you get a... The kind of conviction from the canon is it's random whether you get a call or not. And I don't know that they're wrong for a lot of companies. So it's like, if it's random, AI slop your resume up such that an LOM can actually identify. At some point, like, the LOMs are going to like start writing.
Starting point is 00:51:07 It's going to be like, my resumes, this is not even like... This is like in alien rooms. It's like, yeah, but the other LOM can really. it's like for whatever reason it's like it's more efficient that way yeah the artist like the white space has like uh but the um and then you scatter shot your way out there and then you get that call and like because it's random and i ever seen that or it's like that is the wrong way to get a job and i do feel that like look yes we're exos okay we've seen shitty job markets we've seen job markets way shittier than this one way shittier than this one and it's and
Starting point is 00:51:43 The, like, yeah, like, what do you need to do to find a job in the city job market? It's hard. I mean, I've got total sympathy, especially people that are suddenly laid off and are scrambling. But you need to figure out what you need to do next. And why do you just get a job? Okay, okay, take half a step back because you've got to find what is going to be. If like, if you truly need to like pay the bills, you should like get literally any job. that you can use while you're actually formulating your proper job search.
Starting point is 00:52:16 I used to listen to Bruce Williams as a kid. You know, like, Bruce Williams was on TalkNet. It's like AM Talk Radio. Okay. I'm dating myself. Even Steve is you like, you are on your own, pal. The, no. Is this like Sally Jesse Raphael?
Starting point is 00:52:30 This is before she had. Oh, yeah. So before she had a daytime talk shows, I was thinking a very weird turn. Before she had a daytime talk show, she was a, an AM radio call-in, kind of advice show and I used to listen to this as a kid
Starting point is 00:52:45 and Bruce Williams gave us really good advice and people would call in and he would call in with their financial problems and he's like look if you need to find a job the first thing what you need to go do is work the overnight shift at a convenience store and like get a paycheck and then use your days
Starting point is 00:53:02 to go interview and find the right job and it's like and this was in like 1982 the session 1982 was super super deep and the and like what you need to go do if your job job searching, it's like, you actually need to figure out what you need to go do, what you want to go do, and you've got to then find the company, whatever it is, that it's like, that, I want to work there.
Starting point is 00:53:24 And then you've got to be like, okay, I'm going to focus my efforts on wanting to work there. And it's like, yeah, maybe that's oxide, we can't take you. But hopefully that process has sharpened you in terms of like, now these, and you should not be spraying and pray. Spray and praying. That is what everybody's doing. It's what everyone's doing. I know, because we've talked to people recently.
Starting point is 00:53:41 Like people literally who are listeners of our show that we've recently met. We had a live show in Denver, by the way. I don't know if you knew that. We did a live show on stage, kind of like this. And we invited people out. They bought tickets, their fans, they listened to the show. It was cool. And a few of those folks did not have employment at the time.
Starting point is 00:53:59 Yeah. And they shared how challenging it is to get to be so skilled, to have such intention, to be great people. Yeah. And have this challenge. Yeah. and I mean again heart goes out to them because it's really hard
Starting point is 00:54:14 you got your own self worth being chipped the way at and it's really hard when you've got someone who's then that person has set their whole being on being at Oxide and then you know I'm the one that's got to be like no but
Starting point is 00:54:29 spray and prey is not gonna that's not the right way I would love to keep going deep on this subject and I'm sure we can because you know are passionate by it's the defining one of the many defining factors about your business but we haven't mentioned at all where you're at yeah this is a scale moment i know there's some things we can say and can't say you share what you want yeah yeah but can you
Starting point is 00:54:52 speak to your personal feelings to being at the moment where you have to do a heck of a lot more in a month than you've done previously i mean it's it's definitely exciting to be in the situation that we had been building for and hoped for which was uh struggling to catch up to fulfill demand, you know, figuring out how we can stay in front of customer opportunities, they're going to push us really, really hard. Being able to not prepare ourselves to scale, but actually to go scale and supply chain and manufacturing and delivery and logistics and field service and all that stuff. Different kinds of fears and stressors. but yeah i mean it's it's exciting it's exciting because i think we you know last year we were
Starting point is 00:55:48 excited to get the product you know first year fully in commercial market into customers hands and be able to prove out that we could ship reliably build reliably ship software updates you know every eight weeks uh and last year ago we had to raise we were very upfront about that with with with the team i mean we're not trying to like get anyone to throw up in their mouth but like, hey, folks, we weren't out of cash in May, June, or July, depending on which model you look at. So, just FYI. And so we have to hit the milestones that we need to go raise.
Starting point is 00:56:24 And that's not where we are this year. Right. A whole different, a whole different ballgame. It just shifts, yeah, shifts from what are the milestones to raise to what are the milestones to stay ahead of these large customers that are growing? To deliver. To deliver, to delight our customers. and did not lose track of who we are.
Starting point is 00:56:43 Right. And you guys are a hardware company. You know that. Systems company. Hardware and software. I like that. Systems company. Yeah, sure.
Starting point is 00:56:54 I think there you are, but sure, maybe we don't know that. I'll just say that up. As a contrast to a peer software company. Yes, yes. Because you are not in control of every aspect of your business. Supply chain, I'm thinking of specifically. Oh, sure. As a software, at a peer software company,
Starting point is 00:57:10 you could just write the software and you can deliver it. But, like, there are so many more moving parts. Like, they're really moving around the world. Yep, doubt of them. How much is your ability to deliver on the demand that you've found outside of your control? I think it's... Like, put it on a percentage. There are things that are outside of our control, for sure.
Starting point is 00:57:28 And things that happen, one thing that this team gives us the confidence in, we've had so many of those things already happen. Right. And, you know, Steve and I would talk about the things that, like, our biggest single, sources of stress in the history of the company. And for Steve, rightfully, it was the SDB failure. Right? SV failure, we had to wire payroll on Tuesday morning.
Starting point is 00:57:51 It's Thursday and there's a run on the bank. It's a crisis moment. It's Friday and the bank has failed. Right. It's like, we had to wire payroll on Tuesday morning. My view was, you know what? It'll be fine. It'll be fine because Janet Yellen cares about this problem.
Starting point is 00:58:08 We were not the only ones that had the SUV problem. everybody had the SVD problem and it's like it will be disruptive in the short versus some of these other issues you can die alone so my biggest sources of strain were stress were in the
Starting point is 00:58:24 development especially of our first products where it's like yeah this CPU will come out of reset we don't know why Janet Yellen does not give a shit about that problem like nobody cares about that problem you are out here in the wilderness and you can die and alone really because you're inventing it
Starting point is 00:58:39 100%. So, on the one hand, that is scary. On the other hand, we have now hit so many of those. And we have found our way around them that, of course, like, I'm like, I'm like tempting the gods with like, you are. You're doing your keynote, too, you're not done wood. But the, you know, I think that there are things that are out of your control. But when you have those things, you're like, okay, who do we know at this wham in it? Right, you head, right?
Starting point is 00:59:06 But also, by the way, I mean, when you say a hardware company, then, like, most, hardware companies would have a bunch of third-party hardware in their system that they are reliant upon so they would be like what if we have an issue with our third-party switch or software what if we have a firmware issue in this component how do we go solve for that so there you end up having 10x the surface area of supply chain problems and because of the way that we've designed the system and taken a lot more of it first party we've shrunk that surface area and then with the key suppliers being able to go deep with them and demonstrate to them that we're not treating them as a vendor that we're just like, you know, one of four that we're going to partner with. There has been so many, so much time that we've been able to punch above our weight where, yes, there was like a shock to the system.
Starting point is 00:59:51 And yet they were like, oxide, we got you. And so I think, you know, we've done this in manufacturing, manufacturing software, taking control of the build process. Right. Like a bunch of the stuff that we now, which took years, making sure we had control over. yes you're down to like inventory tariffs you know stuff like that but those are problems that can be solved by you know banking relationships and capital and manufacturing partners and so it's it is good to be in the place of we we have spent a lot of time building those relationships so one of the things that we very strong disposition that we had so we were at samsung together
Starting point is 01:00:29 Samsung bought joyant and we thought oh this would be great like you know we were a little tiny joint and we've got these relationships for these various folks but like Samsung must have these great relationships we learned is like everyone kind of hates Samsung's guts because Samsung wants to dual source absolutely everything and cares about one metric price that's it and what we discovered is and we had like folks confide in us like look we really like you guys so we're going to like to do you should know that like my boss doesn't want me spend any time with you because we always put Samsung at the back of the line I'm like that's it's got an eye opening Because you would think, like, oh, dual sourcing, that makes sense for everything.
Starting point is 01:01:07 And it's like, when you do that, you're sending a message that, like, I actually don't value our relationship at all. And there are a things where we have a true, like, vendor relationship. It is not a partnership relationship at all. Right. And, like, you know, FedEx versus UPS. And FedEx reminds us of this whenever they toss one of our packages in the bushes. And, you know, it's like, they're like, oh, we actually don't have, like, there's no partnership with that. Yeah, exactly.
Starting point is 01:01:30 But for the component choices we've made, we really sought. True partnerships. How do we find, instead of like trying to dual source lowest common denominator everything, how do we pick the right partner and then go deep with that partner? And you know, we're talking to our fan provider, San Yudanki, and they're like, San Yudanky, we had them make a very important modification to our fans to lower at 0% PWM, lower the RPM from 5,000 RPM to 2,000 RPM because it would consume much less power, which they did.
Starting point is 01:02:01 And they did in part because they're like, we've never. encounter someone for whom, like, this relationship, I'm used to just getting beat up on price. That's it. And it's like, then when you build that relationship, by the way, when you need to have a pricing conversation, it's a much easier pricing conversation. They want to help you. They want to help you. And they're like, all right, look, hey, let me be transparent with you. And like, here's what we're, you know, and we want to make sure that folks have the margin that they need, but we need to have the margin that we need. We need our customers and need the price that they need. But you can have those conversations that are easier to have those conversations when you actually
Starting point is 01:02:32 have a solid foundation of real partnership. Yeah. And these are risks. I mean, yesterday was the sixth anniversary of Oxide. So we got to celebrate with the team. Happy birthday. Thank you. And it was fun because we got to go back and think about what was going on six years ago. And we had like a couple slides, Google slides, I think it was PowerPoint slides. And we were trying to raise money for the company. And we had been in that mode just to your question of like, how does it feel now at this point looking forward? We've been in the mode of thinking about like the four big risks that investors are always
Starting point is 01:03:02 thinking about for companies and like their evolution and there's team risk and like i think you know we we feel pretty good that we've knocked down team risk check uh there's technology risk and that was ever present over the last you know certainly i mean there are still elements of the present but we have de-risk a whole bunch of the technology risk uh there is then market risk and we we now have kind of crossed into where we are getting pulled by the market versus where you are trying to push yourself into the market to get pulled and push. And then the fourth is capital risk. And this latest fundraise was to make sure we secured our capital future combined with things
Starting point is 01:03:47 that we will do with lines of credit and everything else for a hardware company that you have that balance, which does leave you in the privileged position. There's still plenty of risk, but it's execution risk. So now, you know, we get to go focus on doing the thing in front of us. that is dead-ass clear, and I think that's what's exciting for the team and why, you know, we are entering this kind of next chapter for the next six years. Can you do that with the side of the team you have now? I guess it kind of comes back to the hiring process.
Starting point is 01:04:15 We're growing. So you are growing. You are growing. Are you actively non-AI generating new job roles? No, you should have seen the show of hands of people that weren't at the last one of these, people that joined in the last three months, that we've got a bunch of folks that were in conversation, that just couldn't quite get we weren't quite there that would join us here so yeah no we're adding folks as fast as we can find terrific folks so yeah we've got whatever 13 open roles right now
Starting point is 01:04:43 multiple hires where do you go to get that like is there a URL is it yeah upside the website careers yeah yeah yeah and and you wouldn't uh again we write those job descriptions carefully we are you know one of the things that where we've got a lot of vigilance is like We are not hiring recklessly. We are hiring, we are not just selecting carefully, but we're also very careful. One of the things we've just already learned, when we open a new job description, there are so many people that just want to work for oxide. If we don't write that job description carefully, we can get a flood of folks, and it can be
Starting point is 01:05:20 really hard to act. So we want to be very crisp about what we're hiring for. And we want to make sure. And so you feel like, I don't really want to work for oxide. And they kind of look at the rolls, they're like, oh, okay, like, this sort of like, you know, do you have any of anything else? Like, this is not, like, this stuff all seems like really hard. It's like, well, yeah, yeah, we actually have, it's really hard to stop with me to go do. So, yes, we, and we, and we need to be very, very careful about how we expand the team. But a part of that also is when we open up a job description, we would like to hire someone there. If we can't find someone that is worthy of this team, we will not hire someone there. We are, it's, it's like we're going to, well, we got to find, like, the best of whoever applied by Wednesday. It's like, nope, if we don't find someone that, like, conversely, yeah, if we find two, three people.
Starting point is 01:06:08 It's probably better that way. I mean, honestly, right? But we'll hire more than one person if we find. And, like, boy, one thing that we've done, right. Yeah. That, I mean, not that we would, we were ever really second-guessing ourselves, but I remember a couple of times, we would have a JD open and we get two really superlative people. Like, God, how do we define, decide between which two-support?
Starting point is 01:06:29 Like, let's have. both of them. And we would hire both of them. Absolutely. And those were some of the best decisions. That's right. Well, my favorite is. Why not both? Why not both? Why not both? Let's close here, because I know we're getting close on our time. We got food to eat. I think the computer history museum buses are taking off. Yeah. Let's do it in one second. Give me one minute of this. We're here. You got this next phase. We've been privy to some information. I'm not sharing
Starting point is 01:06:57 it. You all share it. Give us a glimpse. What can what version of a glimpse can you give our audience? It's going out what? Not this Friday, next Friday? So not this week, next week. What glimpse can you give? In terms of where we're going? Yeah, the horizon.
Starting point is 01:07:11 The unknown horizons, you all know. Yeah, I mean, I would say that, like, that for a long time, as Steve mentioned, certainly prospective investors thought there was a lot of market risk. We believed in our heart that there was not that market risk because of what we knew,
Starting point is 01:07:29 But ultimately, like, that market, you only de-risk that market risk when you have, like, signed POs. That's what de-res that market risk. And what I would say is where we are now, we can say with absolute confidence that that market risk has been de-risked. And it is interesting to watch the doubters become believers. And we now absolutely know that market risk is off the table. It is just execution. So going on a location to Oxide as an adventure, seeing everybody behind this awesome company is just breathtaking, honestly.
Starting point is 01:08:06 A lot of great people, a lot of great culture, a lot of great thoughts. And I swear, an elite team is so hard to beat when it's Oxide's team. It's just amazing what they're doing. They are truly crossing the chasm as we speak, a massive PO sign, a massive check for a series B. And clearly, it's just about execution at this point. So when I say that we're fans, we're fans, fans of Oxide. And I want to say a big thank you to my good friend, Brian Cantrell, and obviously Steve Tucker as well, but the initial call with Brian and the initial vision was what set off
Starting point is 01:08:40 this thing we're doing. We're peeling back the layers of oxide going inside Oxide. These podcasts are one part of this inside oxide peak, and it's kind of cool. So we got to sit down with them, obviously. you heard the pod, but we also got to take a film crew with us and shoot a lot of footage of OXCon and this three-day event, the computer history museum, the baseball game, the ballers, Oakland Ballers, and just so much fun stuff. We're producing a 10-minute documentary about this moment in Oxide's history. We've got some interviews coming up that
Starting point is 01:09:20 are on their YouTube channel, a teaser coming out very soon, and I can't wait. for you to see what we've done. It is so cool. But a big thank you to Brian and a big thank you to Steve for trusting us to come out there and listen, capture, and ultimately share this story. So I hope you enjoyed the show today, a look inside oxide, a look inside their culture, what makes them tick. There's good stuff. I enjoyed it. I hope you enjoyed it too. Thank you to our awesome beat freak in residence breakmaster. Those beats are always banging. Thank you to my good friend Brian Toro and also Austin Myers for coming along with us out there to Oakland, California. How can't we if you all see this? It's going to be epic. All right. This is it. We're done.
Starting point is 01:10:06 We'll see you next week. Game on . Game log. Game log.

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