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It was always a thing, had a tankie friend in high-school. Though you’re right, most people grow out of it. But I don’t think this guy did last I saw him
It was always a thing, had a tankie friend in high-school. Though you’re right, most people grow out of it. But I don’t think this guy did last I saw him
I abandoned horizontal filming years ago. Only use it if I can’t fit something
Hand to hand combat
We already have racers dying regularly in Isle of Man TT. Blood sports never died, they evolved. Why not sprinkle some steroids over it.
YOU ARE CONSENT TO US
The old Spanish time makes more sense. Whenever I am on Spain, 9AM feels more like 7AM.
They are probably going to start small, at most a dollar so people don’t really notice at first.
Reddits search function sucked, so aside from subreddits and Google that site was pretty poorly organized. I always had a hard time finding content, or navigating archives.
Thats a good point, however I don’t forsee users staying there for long. So as you said they will have to milk their data for however long. That requires them writing good contracts that don’t give everything away all at once, as I’ve seen done in some companies I worked for, as well as maintaining a demand. But I don’t see any way Reddit can grow from here, their cattle users, as well as moderators are being treated extremely poorly. They are the product and Spez is doing his best to destroy his product.
Edit: Reddit reported its 2023 revenue was $804 million. Net loss was $90.8 million in 2023.
If I understand this correctly operating costs are ~890 mil. In order for them to be valued at 10 billion, they would have to at least bring in 100 mil profits. So they will have to increase annual contracts by 200 mil, or cut costs by 200 mil. All while maintaining user base happy. If they decide to cash out completely and live off the data they already own, they could probably cut costs drastically, let the website go to shit and hope they can live off of contracts for access to their already existing data for however long assuming they don’t fuck it up as mentioned. Also in that scenario ad revenue stream would go down.
Companies like Tesla can survive high valuation with no dividends, well, it’s a meme stock, but also the possibility still exists that they will pay out. There is already a lot of bad will against Reddit, and I see no way Reddit can grow and pay decent dividends unless they spin in a drastically different directiong.
It’m curious to see how WSB plays it.
Same
I guaran-fucking-tee that stock will crash as soon as IPO starts.
Couldn’t have said it better.
Holy shit I had no idea. Yes, exactly this.
I don’t think it will die, it will probably just fade into irrelevancy. They are hostile to their users, their creators and moderators. Literally the only things that give them value. It will become this fake hypercurated space, like those content pages that produce clean fake feelgood videos. When originality dies in a space it migrates elsewhere and you’re left with a shell of unoriginal normie shit. Of all places instagram is popping off with original content and vibrant comment spaces.
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Paying yourself 190 million in stock options when the company is running at a loss is pretty much blatantly admitting that the company is severely overvalued. My guess is that it will tank 90% once it goes public. If not more, Reddit produces nothing inherent of value and they are really hostile to their users.
The loss porn will be great material for WallsStreetBets
Does it actually work? The pineapple thing?
This. This is how I pick out if I’m arguing with an adult or not