[throwqwerty]

this thing is causing me a lot of anxiety lately. i finally landed a FB summer internship in menlo park and now i can't tell if it'll actually happen. recruiter is saying everything is still on track but i'm sure there's no way they can predict whether that'll change soon.

i know google is doing virtual onboarding and wfh for incoming interns according to the whether the team that hosts is still game. does anyone have any idea about FB?

[runawaybottle]

Yelp is very much tied to the Restaurant industry. It may be an outlier with respect to this pandemic. Of all the tech dominos to fall, Yelp and Groupon (trading around 50 cents today) sound like the first to be hit.

[throwqwerty]

i'm sure FB isn't going to fail but i am wondering if it logistically won't be possible. i mean menlo park is under shelter-in-place and if you asked me a couple of weeks ago i would not have imagined an intern class could be productive on WFH.

[dilyevsky]

Shelter in place is until april 7. They can maybe extend it a little longer but not by much because otherwise half of people end up being exempt due to homelessness

[mkinsella]

I highly doubt the shelter-in-place order will be lifted before mid-May.

[dilyevsky]

I kid ofc what’s actually going to happen is

a. Everyone will start ignoring it

b. Actual bread riots

c. All of the above

[runawaybottle]

Stay positive, Menlo Park in general isn’t the most social happening place on earth (the irony of the largest social network being headquartered there). Any spread there would happen at the actual Facebook offices. It’s not a hotbed and should be fine by summer.

[bobthepanda]

Given the immense pressure on the cashflows of small business and real estate, I'd say WeWork might also be subsceptible.

[runawaybottle]

I’ll also add that Yelp in particular uses their interns to staff their cold-calling marketing/sales team to sell premium services to restaurants. This program seems like a loss for the most of this year.

[nkingsy]

the tender offer from SoftBank is officially off the table as of yesterday. Awkward now it seems Neumann will continue to own a huge chunk of the company from the sidelines.