Reddit refuge

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Joined 2 years ago
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Cake day: June 16th, 2023

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  • Social media companies created algorithms to allow people to find content without having to look for it. This drove users and content creators to their sites and off the web.

    For social media companies, a user’s value comes from having an account, so they have a vested interest in locking away content. For content creators, it is a lot easier to get noticed if an algorithm provides the advertising and some sites now allow for monetization within their walled garden. For users, they get content that never ends.












  • It depends, though.

    There are cases where parts of a struggling company is worth less than the sum of its parts. At that point, the fiscally prudent option is to sell it off, either in one piece or multiple pieces. There are plenty of cases in American corporate history where the best option is to cut losses and leave a market.

    That being said, I’m surprised that private equity is still allowed to be a thing given the massive disparity shown in how a lot of financial disparity in how a lot of private equity companies run their companies against their fiduciary responsibilities to their companies’ stockholders and bondholders.