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Joined 1 year ago
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Cake day: June 18th, 2023

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  • Tyfud@lemmy.onetoMemes@lemmy.mlI like a good UX
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    11 months ago

    That’s our bar here? That someone who has put in years and years of hard Dev effort, every day, built up a community, took risks, etc, should just be happy he has food on the table?

    Fuck that noise. I don’t care if he’s already s multi millionaire, he can charge whatever he wants, and we can choose to pay it or not. The man is running a business model here. He’s not done weekend warrior FOSS hacker. He deserves to be paid for his efforts.




  • Plus, people should really understand how someone being a billionaire works. They don’t have billions of dollars sitting in a bank account somewhere.

    They leverage their investments to take out short term loans or the like against their invested capital.

    Musk is a billionaire on paper. Like most. His wealth is represented by his ownership shares of Tesla, speculation on the valuation of space x and solar city.

    He’s not selling his interests or shares in Tesla to buy things here. He’s leveraging them.

    Similar to how you can have your house paid off, and then get a new mortgage against your house for an injection of capital. You’re leveraging the equity you have in your home. Which is based on the current perceived value of your home in the current market.

    If the market changes drastically, so does the amount you can leaverage.

    TL;DR; he does not have cash sitting around he can burn through to actually pay bills, and he’s absolutely not going to pay his Google cloud hosting bill with his Tesla shares unless absolutely forced to (at which point he’d probably just sell Twitter).


  • Same. Late to the conversation here, but in the same camp. About to delete a 13.5 year old account.

    I’d be fine with Reddit making money, if they did it in an honest and predictable way. The way they’re going about it though is short sighted, deceitful, and completely unnecessary.

    They could make money hand over fist if they just tweaked their approach a tad, kept the community happy, etc.

    Bundle API usage in with Reddit Premium. Have it use upper limits of say 100k requests/month to the API. Anything over that and it’s on a per 10k/requests billing cycle sort of thing.

    Push the cost to the consumer, so if AI wants to scrape all the data, they can pay for it just like everyone else.