true, but their product is not software, nor do the dev team develop anything outward-facing. i'm not saying that some of the funds aren't great places for a techie to work (anecdotally, if jane street capital had an office in san francisco i'd have been tempted to apply there), it's just that there is no perception of them as enjoyable places for a dev to work. pushing money around simply doesn't excite me, and i daresay a lot of other devs (especially those who work in product companies) would feel the same way.
I agree there isn't a perception of them being an enjoyable place to work; I think that is more due to the fact that one isn't really encouraged to talk about it, and the most successful actively avoid the limelight! Now there are plenty of sweatshops out there, but there are also plenty of tech companies I wouldn't touch with a barge pool.
Many people, even at Google, will be writing coding that isn't The Product. Having spoken to people at such firms, and their competitors, there are plenty of dev jobs there that sound boring as all hell, alongside the fun ones.
Pushing money around does sound boring, just like "pushing web pages around" or "pushing 140 char messages around". yawn ;-) In the last 12 months I've worked on custom languages/compilers, custom databases, kernel hacking, oddball processors, little visualization hacks, and have a giant stack of as yet unreleased hardware piled up to experiment with. I get to program against millions of events per second with minimal latency, giant result data sets for batch work, and points on the spectrum in between. The data itself is finance related and it's fun to munge and experiment with trading algorithms on it.
So far I have, over time, swung between product companies and trading companies. Fun to be had on both sides, among many other places. Actually, one of the more surprising things I've learned over time is how little most programmers realize about the variety of fun things out there. And how conservative and fad following most programmers are, funnily enough.
Besides working conditions, there's also the question of whether your work (and the company you work for) makes the world a better place.
I'm not naive about that - large companies have their own agendas. But someone working at a silicon valley firm still has a better chance of doing something meaningful than someone working at a hedge fund where the answer is pretty much "no" by the nature of the business.
Hmm, I think it depends on what "meaningful" means. I don't mean to break out the Clintonisms but it depends on what you are looking for. I've worked in hardware product firms, software product firms, and trading firms.
Is it "meaningful" to spend my days figuring out ways to get more people to click on more adverts? Not really. Build a social network for dogs' left testicles? Not really. Squeeze another dollar out of the equity markets? Not really. Build a faster database? Build a web analytics tool so people can squeeze out a few more conversions? Take a few cycles out of a market data feed handler to lower latency for a trading algorithm? No, no, and nope.
Are there good side effects from the above? Sure, we can come up with examples. For finance, you can take a look at the tightening of spreads (e.g. hft tends to make spreads go to their minimum making trades cheaper for everyone). Or adding liquidity in regular conditions so when someone small like a retail user comes along to sell some stock they get a good price quickly (not always of course, I mean really, you expect smart teams to take obviously dumb trades in an illiquid market?). Or more rapid price discovery (i.e. if something is mispriced it tends to get arb'ed away pretty rapidly, so that is faster info dissemination).
Can it be fun? Sure. Is it more good for the world than bad? Yup, I think so. Is it /meaningful/? Is it bollocks.
None of the above is meaningful compared to other things in my life. Important things like my family and trying to leave the world a better place than I found it (e.g. I give to charity -- probably more than most will ever earn).
That, and I'm with Vonnegut. "We are here on Earth to fart around. Don't let anybody tell you any different.".
