Product Manager

Joined the herd…😀

Joined the herd…😀- Grapevine

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Thala for a reason

Associate Product Manager

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I will continue with this series for people who like this kind of content, drop "+1" in the chat and I will tag you the next time I post content.

I assume you guys know some basics of Texas Hold'em Poker. Flop refers to "the dealing of the first three face-up cards to the board"

Now, let's look at the table and their positions:
1. Blinds: First to act every street after pre-flop.
2. Early positions: Under the Gun(UTG)
3. Middle positions
4. Late positions: Button and Cut Off

The order for a 10 person game would be: Small Blind(SB) → Big Blind(BB) → Under the Gun(UTG) → UTG+1 → UTG+2 → MP1 → MP2 → MP3 → Cutting off the Button (CO) → Button (BTN) and then order repeats ...

Some insights:
1. Blinds see the flop at a discount because they are compelled to play but are at a disadvantage because they are first to act.
2. This means that more money is made in late positions because they have more information to act on.
3. However in short stack situations, where effective stack size is small then early positions are better because you have the opportunity to go all in before someone else can as you can maintain Fold equity(Equity from Aggression).

So, Expected Value or E(V) is how do you determine whether you should call or fold basis the size of the pot and your contribution to it basis the number of outs(potential winning hands) you have.

E(V) = Win % * Win Amt - Lose % * Lose Amt

For example:
Villain(V) [UTG+1] = $500
Hero(H) (MP1) = $500

SB/BB + Ante = 20/40 + 10
Here, Ante is the bet everyone has to make every hand. This is to make the pot worth playing for everyone.

Pre-Flop: $140
H = A 10 (suited Hearts)
V = ? (Unknown)

1 Fold
V raises $120
H calls $120, 5 Folds

Flop: $380
The flop is 8 Heart, 3 Heart, K Club
V = $370 (All In)
H = ? (Do you call or fold?)

Solution:
A call is positive E(V)  if:
 Win % > Call Amt/ Pot after Call 

You have a strong hand if you can get a flush here. 
which means you need one of the next two cards
Heart Heart Club | Heart* | Heart*

Which means:
Win % = 1 - (Odds of 2 cards not being Hearts)
= 1 - (40/49 * 39/48)
= ~ 36%

So,
370/1120 = ~33% is  Call Amt/Pot after Call

Since, 36% > 33% Hero should call.

E(V) = 36% * (380+x) - x * 66%
E(V) cut off at 0,

x = $404

You stand to make $ if you decide to call that bet. You can raise any amount till $404 for a positive E(V) after which you should mathematically fold.

An easier way to calculate this is to use 2% if you can only see one card after flop and 4% if you can see both cards.

That way, Win % here would be = 4% *  9 = 36%
9 outs because, 9 cards that are Hearts are left in the deck.

Daily Series #1: Geeking out → Poker Math

Welcome to Confessions's Private Community

Org: We need someone who thinks outside the box.
Candidate: Can I work remotely then?
Org: No, you must be inside our box, thinking outside the box.

Candidate: So, can I set my own hours?
Org: Absolutely, as long as they start at 9 AM sharp and end at 9 PM, with mandatory overlap from 9:01 to 8:59, covering daily catchup and occasional, seasonal and rational hackathon/catch-up work on weekends

Candidate: Can I use innovative tools? Propose new ideas?
Org: We’d love that! Just submit them through our 12-step approval process, get unanimous support from the board, and then we’ll file them in the suggestions folder, which we ceremoniously burn every quarter

Candidate: Can I dress casually?
Org: Dress however you like! Just remember, we have a strict no visible tattoos, no jeans, no open-toed shoes, no hats, no bright colors, no turtlenecks, no jerseys, no sweatshirts, no pullovers, no shorts, no tank tops, no sandals, no flip-flops, no sneakers, no hoodies, no graphic tees, no leggings, no cargo pants, no yoga pants, no overalls, no bandanas, no headbands, no skirts, no dresses, no capes, no costumes, no pajamas, no athletic wear, no leather jackets, no denim jackets, no vests, no ripped clothing, no sheer fabrics, no bold prints, no statement jewelry, no excessive accessories, no heavy makeup, no neon colors, no mismatched socks, no visible undergarments, no body piercings other than earrings, no strong perfumes, no funny socks, no slogan shirts, no cultural attire, and no anything that could be considered remotely fun or expressive...

Candidate: oh so.. pants and a plain shirt?
Org: Precisely! But make sure the shirt is not too tight, not too loose, not too short, not too long, no patterns, no logos, no buttons that make noise, no pockets that bulge....

Candidate: So basically, you want someone to think outside the box, inside a box, with the lid taped shut, buried underground, while we're chained to the walls?

Org: Exactly! Welcome aboard.

Outside the box..

Human resource

Welcome to Software Engineers's Private Community

Evolve is conducting a workshop called *"Thriving with Pride"* in Bangalore for LGBTQ+ working professionals. It will offer coaching & tools for career advancement by overcoming barriers and supercharging your strengths.

What the Workshop fees covers:
1. Learn from senior professionals from Companies like Google, Mondelez.
2. ⁠Build your network 
3. ⁠Premium subscription of Evolve worth INR1999
4. ⁠Free pass to attend Rainbow Tales (Cultural event post the Workshop)

DM me directly if you are interested or drop an email at rohan@evolveinc.io

Workshop Alert !!

Software Engineer

Seeing @micheal_scott welcoming 3 peeps into the 10K club while I’m actually not that far 🥲🥲

Corporate strategy

Welcome to Office Gossip's Private Community

I’ll go first.

To me, it’s all about access. 
Access to authentic ideas.

The best search result you get on Google is high SEO but low authenticity. On LinkedIn, there are so many people but everyone is shilling a course or 1:1 resume reviews. 

Mostly it has become a place which started as vanity signalling 

Like
( I have started a new role…, I have been accepted at …, I have received offers from F, A, N and G and I’m joining G.)  

And now people pushing mindless content with “Agree?” or “Comment Interested”.

Somehow, everyone is truly inauthentic to please a wider audience and say the exact same generic gyaan to maximise engagement.

For now, Grapevine is where people are genuinely themselves and I get to hear interesting things that you get to hear near the coffee machine.

Kinda feels like we’re all a big community where we all contribute and learn new things about the professional landscape around us.

Godspeed Grapevine. 🚀

Hola Grapeviners! I would love to know why are you on the platform?

Same time last year, an early version of Grapevine was ready. We still didn’t know if it will ever work, if anyone will use it and even if they do, will they return to use it a second time? 

If there’s anything we did well this year, it was in creating a space where smart, talented, high-potential people like to spend time and communicate with each other on topics ranging from work, salaries, personal finances, life, philosophy, technology and so much more

Rest everything: Product, Marketing, Engineering, Design, we want to get better on, and we will

Thank you for your patience as we slowly build this product and mess up, many many times. 

In 2024 we promise to work 2X harder to deliver you the most helpful platform for professionals 

But more important than what the Grapevine team achieved in 2023, is what y’all did: 

- You created 24K posts 
- You created ~200K comments 
- Shared 10s of thousands of salaries to help each other 
- Shared 1000s of open job opportunities 
- Referred 100s of people 
- Helped 100s of Grapeviners find new jobs 
- Helped 1000s of Grapeviners negotiatiate an offer
- Helped 100s of people not move to Bangalore by complaining enough xD 
- Endless awesome conversations
- Infinite good vibes 

This is truly wholesome and thank you for all your countless high-quality contributions - not to forget the epic memes and laughs along the way! 

Onwards and Upwards!
Happy 2024

A year end Thank you note

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Joined the herd…😀

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