121–130 of 326 posts
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People are leaving twitch because it's so bad. Unfortunately I can't share that data with you, so I don't expect you to believe me. Anyway, let's agree to disagree because we're not finding common ground here.
Where are they going?
They're giving up on streaming because they hate twitch that much.
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Anything is possible. That's probably true for Apple and Amazon but those are the exception. That's definitely not true for Uber, who lost 8.5 Billion (!) from operations in 2019: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001543151/f272e03... Not true for WeWork either: https://www.sec.gov/Archives/edgar/data/1533523/000119312519... Maybe those are exceptions too but seems like the most hyped companies have not brou…
What does "most hyped" mean? Why does WeWork matter at all in this discussion? They got destroyed for having weak prospects when they tried to come near the public markets. I'm looking at this list of the S&P 500 companies, and they mostly have very solid earnings and fundamentals: https://fknol.com/list/market-cap-sp-500-index-companies.php I went through the top 100 companies, and the only one that is a "bet" is Te…
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Competing with Twitch is not realistic and I’m surprised you think it’s bad. Facebook and Microsoft have both spent huge sums of money trying to and failed. And both those companies have deep engineering talent which GameStop does not and it will not be trivial to compete with those companies for engineers. Plus livestream is just really expensive in terms of compute and network costs. Finally and most importantly, T…
Everybody I know that uses twitch hates it. Like seriously, it's really bad. The conversations streamers have on discord are very different from what they'll say while streaming. They use it because there is no alternative. I am well aware that others have tried to compete and failed. But there is a market and nobody likes the only player. Eventually somebody is going to figure it out. And I am extremely confident it…
Twitch is essentially a hardcore user's platform. Engagement is extremely high vs other platforms. That's what keeps content creators on twitch, even if they're making the bulk of their income from putting the VODs on youtube: they can't create the same content and interactions on other platforms.
Again, as explained in a sibling comment, competing against twitch is a terrible opportunity. It's a miserable business to try to make a profit margin on, and your #1 competition doesn't care if twitch loses money all day. The ad market for streamers is all wonky because so much of the content is radioactively toxic.
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Where are they going?
Netflix? Books? Youtube? They're giving up on streaming because they hate twitch that much.
https://dotesports.com/streaming/news/over-27-9-billion-hour...
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Netflix? Books? Youtube? They're giving up on streaming because they hate twitch that much.
You're talking about the streamers? As I mentioned, streaming is a tough business, it's going to have a lot of churn. In terms of viewership, there's publicly available data and it's not going down: https://dotesports.com/streaming/news/over-27-9-billion-hour...
We're not going to agree. I'm exiting this thread.
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No, they're stock arguments. They're "fundamentals". Did I look at their balance sheet, no. But asking questions about their competition and likelihood of being around and healthy in a few years isn't meme. Even "Hey this has short 140% of float" isn't a meme stock thing. The definition of "meme" stock is it being a meme - is it getting hyped up on social media and reddit with inside jokes and collective action (as m…
If you didn’t look at the balance sheet I don’t see how you can claim to care about fundamentals. The company’s ability to be in business in a few years depends on how much cash they have and how much they can generate. If the market tanks financing dries up, and if they aren’t cash flow positive then it’s game over. Whether people like the product or not and how they compare to competition only matters if they have…
Sure, and these considerations are all things that are downstream of product, competitive positioning and IP.
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BTC’s version of bankrupt is when transaction fees aren’t worth enough to incentivize mining.
What do you mean by "not enough to incentivize mining"? Mining works on a system where the fewer miners there are the larger a portion of the total transaction fee share each miner gets. Even if the there were no exchanges or people sending transactions, I'm sure there would be at least a few nerds who would mine on their desktop computers for shits and giggles. A better criterion would be "when transaction fees aren…
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You're talking about the streamers? As I mentioned, streaming is a tough business, it's going to have a lot of churn. In terms of viewership, there's publicly available data and it's not going down: https://dotesports.com/streaming/news/over-27-9-billion-hour...
Yes, I am aware of the publicly available data. I'm saying that's wrong, but again I can't share my data so I don't expect you to believe me. We're not going to agree. I'm exiting this thread.
Didn't Hertz self say, don't buy the stocks because they are worthless and we are broke?
Yep, as they raised a round of capital. The people buying Hertz then were out of their minds.
literally AMC said they have trouble opening their theaters ---> wsb likes the stock
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> actively building the largest and most advanced factories on every major continent They are not the most advanced factories, not even close. Tesla uses much more human labor per vehicle than its competitors; the "alien dreadnought" never materialized. "Toyota remains well ahead of Tesla in terms of manufacturing efficiency, producing more vehicles per employee, while utilizing its fixed assets and inventory more ef…
> The industry shift towards electric vehicles is because it's finally becoming profitable to make them. This is largely due to a dramatic reduction in battery costs which is driven by R&D for smartphones, not cars. Personally I don't believe Tesla has much to do with it. As much as I agree with the rest of your comment, I have to disagree with this part. Yes, there is a shift towards profitability with electric vehi…
This feels vaguely ahistorical. The best-selling electric car platform in Europe today is the Renault Z-E platform (or at least it was; VW may have overtaken by now). That platform was announced in 2009 or so, with the first cars in 2011, and the first Zoe (the popular car based on the platform) in 2012. The Nissan Leaf came out in 2010. The Tesla Model S came out in 2012.
So given that, it's hard to see what Tesla had to do with it, really. Some of the most popular models came to market BEFORE Tesla (if you ignore the roadster, a contemporary of the Z-E concepts, which you almost certainly should).