But about as democratic as can be. No one was forced to buy Reddit. Benefit or not to the company, the company was essentially sold. The new owners of their very own choice will want a return. A big return to essentially cover 8 billion they just paid for it.
Reddit will need tens of billions in revenue to make the profits those new owners will demand. It is that drive to justify the cost that will make it another shitty bloated ad platform.
Their capitalization was I believe around 8 billion. This is the number they need to understandably recover from an investment point of view. If I was an investor in a risky type of investment like this. Risky mainly in that it could be a dog forever, I would want to see 25 prevent profit in their financial statements relatively quick.
I am saying this all from an investment point of view of the people that now own it. More or less, Reddit needs to start showning profits of some 1.6 billion a year. That likely means they need 10 or 10s if billions in revenue per year. That will give you an idea what they will be developing and how advertising will need to be excessive. They will go the way of tiktok and other platforms in that emotional and divisive algorithms increase viewership.
I had to write to normal cassette tape.
There is less poverty and less major wars than anytime pretty much in recent history. On a local level, individual crime is generally also at its lowest levels. It varies a bit year to year but we are living in one of the safest and prosperous times ever.
Then it is shelved. Basically for a later dated. Tabled is where the discussions take place.
I will go against everyone here. You should buy a drink. Is polite. And it may make your friends bit uncomfortable.
That being said, while it is not a public place, not sure why they would care much considering others are purchasing something. Maybe your group should locate other location.
It is not a public place. It is a private establishment that allows some of the public in.
Was a part about a cop being ambushed and murdered few weeks back. There was quite a few posts and every single one of them were gleeful. I was happy to get down voted.
Or look at the response to anyone that might be republican. Unless you have the same opinion and echo back that, it is pretty caustic. Personally I like to hear from people with different opinion as it keeps your brain flexible but you will see little if that here.
No wonder depression and suicide rates are increasing.
What universe are you in? Lemmy is far more caustic when it comes to politics. Is a bit embarrassing to tell the truth.
It further locks you into Reddit’s garden. And they also ensure the content remains available. If you want to link to it, can forces you to utilize their interface.
At the time I was a bit puzzled but totally makes sense.
Win the Powerball more than once and someone will be doing an investigation.
Every country pretty much. Lawsuit. Don’t pay taxes. Owe money to someone personally. You don’t get to hide your assets behind a home and get into financial trouble in other areas.
This is also why homeowners typically live within the law. Too much to loose.
I wouldn’t use Wiki as an official designation for terms but ya most people know what you mean. Diesel and gasoline are both petroleum products. Gas is short for gasoline but alone it can mean something else. Petro is slang for gasoline and most would know what you mean as well but anytime in the industry would not be sure if you said that.
Ya both terms are a bit confusing. I think the refining levels are about the same other then diesel is done at a higher temp among other process. For automotive anyhow. There is a less refined process for bunker fuel or some off road applications but mostly shipping.
What term do you use for gasoline? Has Europe assigned petrol for gasoline?
Petrol or petroleum is diesel or gasoline by definition. If you say or petrol in you tank you are basically saying put fuel in your tank without specifying what it is.
I find Lemmy quite a bit more toxic then Reddit and that is bothering me. Was on a post where a cop was full up ambushed and murdered and every single post was praising it. And there was over a hundred posts so not just a couple of wing nuts. Then you got the tankies and a great number of immature posts. Then you got the extreme left leaning slant attitude on every subject that pretty much creates echo chambers along with mods that will shadow ban. Technically working well, administratively and quality wise the experience is pretty low.
Shorting is a very important and good mechanism to bring prices back down to earth for any stock. Without it, you would see even higher valuation of which ultimately will be corrected to real financials and valuations. Be it one week or one century. And without shorting, there would be even more l people making dumb investments and intimately being bag holders.