A link to Reddit to a link to unverified “documents” is not news. It’s gossip at best.
News should be verifiable and fact checked. Not some random post in a subreddit.
Agree, OPs experience sucks and it’s good perspective but YSK should be focused on facts.
What is it you’re looking to get from the lethicin? What do you think is missing from just straight canola? What problems are you having? I think this would help with alternative suggestions.
There are no cake days, this isn’t Reddit. Don’t try to make it Reddit. Let it be it’s own thing.
This is some very ironic, animal farm energy here. The government has forgotten who gave them their power.
Spez has been correctly advised that investors are going to be concerned with profitability, or at least a viable pathway to profitability.
There’s a huge startup bubble starting to burst. Companies reliant on cheap money to supplement a business model that at best is years away from profitability but in some cases decades or will never be profitable.
Uber and Doordash IPO’d when money was cheap and investors were fine with speculating on these disruptive, yet unprofitable, companies.
I work broadly in the VC funded start-up world. My observation is that money is running out. All of these companies are trying to commercialize, even if the product isn’t fully ready, because they have to show revenue and there has to be a path to profitability of that revenue. That’s the only way they’ll get more money.
In this context, Reddit is more like these startups. They’ve been funded by investors, including big ones like Condé Nast and Ten Cent, and they need more money, so they have to show a path to profitable revenue.
The IPO is going to be a shit show. I wouldn’t touch it with a 9 foot pole. Reddit has been notoriously unprofitable for its entire existence. Now there’s no more juice to squeeze and their backers want to pawn it off on retail investors.
I can understand the interest in watching the drama unfold. It’s like reality tv.
But you should also ask yourself, deep down, why do you care?
Reddit will never go back. It was going downhill long before the 3PA-crisis. Spez will never back down. Even if Spez gets fired it’ll be an Ellen Pao situation all over again. The new CEO will say nice things and then not undo anything Spez did.
At this point the most anyone left on Reddit can do is damage Reddit’s valuation. It’s retribution for destroying the community we all enjoyed.
The mods can do this by impacting what subs can be monetized. Users can do this by decreasing traffic. Even being on the site is traffic.
It’s funny you phrase it that way. I have a number of plants that I “bring in” for winter. It’s the same thing, just I view them less as “house plants” and more as “not winter hardy”.
I’ve got a few cacti, a jade plant, peace lily, and and orchid that all come inside for the winter time.
I used to have a lot more, but I pared them down. They took up a lot of space inside and it was just a lot of hassle to deal with.
We made it to the New World. I wish them the best and hope they find us one day, but I’m burning my ships and starting a new life.
an old irishman shuffles into a bar at sundown with his eyes low and his head down
the bartender says "ay, billy! whats the matter. you seem troubled"
billy responds with "you see this bar we're standing in. I built it with me own hands! but they don't call me the bar builder, no!
and the bridge everyone uses to cross the river to get to the market, i built that that with me own hands too! but do the call me the bridge builder? no, they do not.
and the wall that protects our city, i built that with me own hands too! and they don't call me the wall builder neither.
BUT YOU FUCK ONE GOAT!...
Just a few years ago…even a year ago…I would have thought that was it, the internet has agglomerated around these few sites: Twitter, Facebook, Reddit.
And then do to mismanagement, the owners of these sites have created an opening for competition.
I’d never heard of Mastodon until Elon bought Twitter. I’d never heard I’d Lemmy of kbin until Spez decided to shut down the 3PAs.
These “innovators” are falling into the same traps of as the ghosts of the past. Napster existed because the record industry tries to stop the future, and stop the consumers from getting what they wanted.
It’s a new day for the internet.
Neither FI or RE.
But solidly in the boring middle, but over halfway. My principal is now large enough, and my runway until retirement short enough, that my contributions have less and less of an impact compared to my compounding interest…well, my theoretical compounding interest if the stock market improves.
Which is fortunate because I got laid off in March. I was worried about what impact this would have on my retirement date…and it won’t. I could stop saving now and still retire when I want to, with a slightly tighter budget. Or work a few more months and retire with the same large budget.
So that’s where I’m at.