Yup, a 2 min walk becomes a 30 min commute.

This is more apt than the russian version of this meme because Israel literally builds wall bubbles like this in the west bank

Nintendo sues Nintendo for using Nintendo intellectual property

It’s not a leftist meme if it doesn’t include a 2,000 word essay

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The way of the future

Oh shit it’s Matt Walsh

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I’m autistically rarted, so I guess you have a point.

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I don’t know if you’re being sarcastic but I talked to a friend last night who lives in Mississippi and he said that he talks to people who think that Trump is legit a good Christiana and a good person.

Yeh cause if they did they wouldn’t be voting for him. That’s how this works.

YOU ARE CONSENT TO US

Ur not a flying squid u fucking liar

Frwnch 🤮

They are probably going to start small, at most a dollar so people don’t really notice at first.

Man, I can’t wait

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