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YouTube millionaires are not your friends

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Re: YouTube millionaires are not your friends

#21

Post by frou_dh »

Animats wrote: post #8

Celebrities are not your friends. Remember all those celebrities who claimed they'd bought Bored Ape Yacht Club NFTs? That was all a scam.[1] It was put together by a Hollywood agent who represented both a long list of major celebrities and BAYC. Now there's a lawsuit against all the parties involved. Kim Kardashian was already fined a few million dollars by the SEC for that sort of thing. [1] https://variety.com/202…

That's just funny to me. Those ugly cartoons were never cool and anyone using one for their avatar looked like a moron from day 1 all the way through to day N

Re: YouTube millionaires are not your friends

#23

Post by nullcipher »

jen729w wrote: post #14

What I find distasteful about these fellas is that they’re not adding anything to the world. They’re taking away. It’s what I love about HN. Sure, most of us wouldn’t mind being rich (sorry, ‘financially independent’), but it’s not the driver. The driver is to make something cool; to make something better. I couldn’t imagine being the sort of person who sold people cheap Chinese shit just so I could buy a ‘Lambo’. Ev…

> It’s what I love about HN. Sure, most of us wouldn’t mind being rich (sorry, ‘financially independent’), but it’s not the driver. The driver is to make something cool; to make something better.

Is this sarcasm? If it's genuine, I can think of many reasons. Either you are too young or wearing horse blinds or not living in the valley. Practically every start up is driven by a desire to be rich. This is why everyone sells to make millions at the first opportunity. They objectively have made the tech industry a worse place.

Re: YouTube millionaires are not your friends

#24

Post by colechristensen »

swarnie wrote: post #18
colechristensen wrote: post #15

Earlier quoted context omitted.

People complaining about politics isn’t the same as securities fraud.

Calling an NFT a security might be the most charitable definition ever.

If it looks like a duck and quacks like a duck…

The fact that the thing being abstracted into a security is BS doesn’t affect the rules you have to follow when you’re acting like a thing is an investment.

Pumping and dumping nonsense Is securities fraud in plenty of cases, the legal frameworks were created to prevent that kind of behavior.

Re: YouTube millionaires are not your friends

#25

Post by varsketiz »

nullcipher wrote: post #23
jen729w wrote: post #14

What I find distasteful about these fellas is that they’re not adding anything to the world. They’re taking away. It’s what I love about HN. Sure, most of us wouldn’t mind being rich (sorry, ‘financially independent’), but it’s not the driver. The driver is to make something cool; to make something better. I couldn’t imagine being the sort of person who sold people cheap Chinese shit just so I could buy a ‘Lambo’. Ev…

> It’s what I love about HN. Sure, most of us wouldn’t mind being rich (sorry, ‘financially independent’), but it’s not the driver. The driver is to make something cool; to make something better. Is this sarcasm? If it's genuine, I can think of many reasons. Either you are too young or wearing horse blinds or not living in the valley. Practically every start up is driven by a desire to be rich. This is why everyone s…

It's not black or white. There are people in the startup ecosystem that are driven mainly by money and there are those more idealistic.

Re: YouTube millionaires are not your friends

#26

Post by lelanthran »

colechristensen wrote: post #15
lelanthran wrote: post #12

Earlier quoted context omitted.

> Celebrities are not your friends. > Remember all those celebrities who claimed they'd bought Bored Ape Yacht Club NFTs? Well, yeah... This isn't new, it's always been this way. Remember all those people who said they'd leave the US if Trump won?

People complaining about politics isn’t the same as securities fraud.

> People complaining about politics isn’t the same as securities fraud.

I never said they were - I said that celebrities who make promises to their fans never intend to follow through on them.

Re: YouTube millionaires are not your friends

#27

Post by scotty79 »

jen729w wrote: post #14

What I find distasteful about these fellas is that they’re not adding anything to the world. They’re taking away. It’s what I love about HN. Sure, most of us wouldn’t mind being rich (sorry, ‘financially independent’), but it’s not the driver. The driver is to make something cool; to make something better. I couldn’t imagine being the sort of person who sold people cheap Chinese shit just so I could buy a ‘Lambo’. Ev…

> What I find distasteful about these fellas is that they’re not adding anything to the world. They’re taking away.

I find that distasteful about the whole advertising industry, that celebrities are just a part of.

Re: YouTube millionaires are not your friends

#28

Post by jossclimb »

It's the path that anyone who gets into internet marketing soon learns. You start off trying to make money by playing SEO , keyword slicing and dicing and filling the internet up with affiliate links. Eventually you realise for all your hours of efforts, you have made 12 cents over the past 3 months, so you make the ultimate pivot. You start trying to make money on the internet, but selling 'products' to people on the internet, about how to make money on the internet. Your passive income, becomes selling information to others about how to make passive income. They in turn eventually do the same pivot and thus it continues.

Re: YouTube millionaires are not your friends

#29

Post by camillomiller »

varsketiz wrote: post #25
nullcipher wrote: post #23

Earlier quoted context omitted.

> It’s what I love about HN. Sure, most of us wouldn’t mind being rich (sorry, ‘financially independent’), but it’s not the driver. The driver is to make something cool; to make something better. Is this sarcasm? If it's genuine, I can think of many reasons. Either you are too young or wearing horse blinds or not living in the valley. Practically every start up is driven by a desire to be rich. This is why everyone s…

It's not black or white. There are people in the startup ecosystem that are driven mainly by money and there are those more idealistic.

I’m sorry, but no. Not anymore. Everything is run by being able to get money from VC investors, and to make money for them. It IS the main driver. Idealists learn pretty fast how their idealism won’t take them anywhere in Silicon Valley of 2023. Or they’re stupid or tone deaf enough to keep on going and thinking that their n-th to-do list app will change the world. I’m afraid I gotta break it to you, but your romanticized idea of Silicon Valley is dead in the water.

Re: YouTube millionaires are not your friends

#30

Post by varsketiz »

Velc wrote: post #13

“If you’re taking AI or drop shipping startup ideas from online videos with hundreds of thousands of views, you’ve already lost.” So nobody can find inspiration and learn about new things from YouTube videos? This seems like a fairly obtuse statement. I don’t watch these hustle porn guys on YouTube but I learn a hell of a lot from smaller tech YouTubers who produce educational content. The author is clearly quite sal…

I'm not sure how you get from

"If you’re taking AI or drop shipping startup ideas from online videos with hundreds of thousands of views, you’ve already lost"

to

"So nobody can find inspiration and learn about new things from YouTube videos?"

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