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Tell HN: Twitter switched temporarily to rate limited mode

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Re: Tell HN: Twitter switched temporarily to rate limited mode

#591

Post by user_named »

jdminhbg wrote: post #469
user_named wrote: post #293

Reminder that Elon didn't even intend to buy Twitter He wanted to sell ~$2.5 Billion Tesla stock at all-time highs without causing the stock price to significantly deflate, so he used the Twitter purchase suggestion as a cover. He did similar pump and dump schemes with crypto - like Dogecoin - but because Elon is fundamentally a dumb guy, he did the extraordinarily stupid thing of signing a purchase agreement with Tw…

This is some pretty dumb mental gymnastics to retcon a motivation. The simple explanation: he made an offer for Twitter, then the market (and Twitter’s value) crashed, and he tried to avoid paying the now-vastly overpriced fee he was on the hook for.

Wrong

Re: Tell HN: Twitter switched temporarily to rate limited mode

#592

Post by silisili »

raverbashing wrote: post #303
worrycue wrote: post #284

Earlier quoted context omitted.

> They could even ultimately challenge Reddit. Frankly I feel Google would be more motivated to challenge Reddit. Since so many of Google’s search results go to Reddit, they might as well try to take over that part of the web rather than leaving it in the hands of mercurial leadership of Reddit. The only problem is possible retaliation from Reddit and potential antitrust problems if other similar sites feel threatene…

Except Google seems completely incompetent at creating new products (though maybe YT shorts is the exception that proves the point) and very bad at handling community

Call a spade a spade. YT shorts is a terribly named, half assed, years late copy.

Re: Tell HN: Twitter switched temporarily to rate limited mode

#593

Post by user_named »

SamReidHughes wrote: post #517
Freedom2 wrote: post #498

Earlier quoted context omitted.

He claimed his parent comment is making stuff up? What do you mean he's not the one making claims, there's one right there? Or do you mean claims about Elon? It would suit your comment better to be more specific, please try to do so in the future :)

user_named's post is absolute nonsense. "Elon thought he'd be able to wiggle out of it because he assumed the SEC would be the regulatory body he'd be up against" Bullshit like this has no relation to reality whatsoever.

Bullshit.

Re: Tell HN: Twitter switched temporarily to rate limited mode

#594

Post by WJW »

WinLychee wrote: post #470
moose_man wrote: post #360

Earlier quoted context omitted.

You mean to tell me that you can't actually run a tech company with three engineers and a Mac Mini?

Sounds like a really interesting challenge, would be fun to see how far you can get.

Without specifying scale, this seems pretty easy. Pieter Levels has been able to manage a tech company with just a single engineer and with some optimization he could probably fit it all onto a mac mini without too much trouble.

Re: Tell HN: Twitter switched temporarily to rate limited mode

#595

Post by NovaDudely »

tikhonj wrote: post #325
PheonixPharts wrote: post #192

Earlier quoted context omitted.

I'm always a bit surprised how few people realized how many "nice things" from the last decade plus have been heavily subsidized by VC money (which itself was created from low interest rates). Every cool startup that people loved started by burning cash. This made Uber cheap, DoorDash cheap, Youtube helpful and creative, Facebook about connecting with classmates, Twitter a free public forum, Reddit a playground for f…

Were these apps made possible with VC money, or just made monopolizable ? In a different world, I could see most of these areas spawning smaller companies—on a slower timeline, sure—if VC-backed companies couldn't use massive up-front capital to suck the air out of the room. We could certainly have app-based taxis and restaurant delivery without Uber or DoorDash; hardware and bandwidth have gotten cheap enough that w…

Absolutely, it really was pouring gasoline on fire rather than the sole cause of the ideas. All the functions they provide would have turned up but on a smaller more sustainable scale, more like the older traditional companies of the past.

Re: Tell HN: Twitter switched temporarily to rate limited mode

#596

Post by timwis »

rsync wrote: post #576
mrtksn wrote: post #525

Earlier quoted context omitted.

What I wonder is, how people who paid for verified account feel about it? First you pay for the reach(more features and priority to display) and then your followers or those who are supposed to reached need to pay to read your content. Some people are actually paying non trivial amounts for business accounts. Normally I'm inclined to think that Musk is a great product person but this one move seems like a jerk reacti…

rsync.net has a verified (gold star ?) account which we neither asked for nor paid for. I think it comes with having an advertising balance ? Interestingly, we have had (for the first time in years) decent advertising traction on Twitter in the first half of 2023 and I was planning on expanding that. Advertising a product like ours has been very difficult because the venn diagram of "people who understand rsync.net"…

Hi! I’m one of the people who fall in the middle of the Venn diagram, and just wanted to let you know I was reading your website and the menu hamburger button doesn’t seem to work on my iPhone 14 on Safari or Firefox, so I couldn’t get to the pricing page etc. I’ll take a note to read it when I’m on my desktop but just wanted to pass it along.

Re: Tell HN: Twitter switched temporarily to rate limited mode

#597

Post by WJW »

phpisthebest wrote: post #537
loso wrote: post #130

I knew the end of the cheap money era would cause some businesses to be exposed but wow. We are basically in the middle of watching someone flush 44 billion down the drain. I could understand if it was a 600 posting limit. But a 600 viewing limit? wow. For example, NBA free agency just started. There are types of trades & signings being talked about. Just looking at that information I'm going past the 600 limit in ab…

>>We are basically in the middle of watching someone flush 44 billion down the drain. Odd statement given that Fidelity just cut its valuation of reddit, but increased it valuation of Twitter.

> The Fidelity Blue Chip Growth Fund has reduced the market value of its equity stake in Twitter for a third time, now putting it at $6.55 million. That’s down from the nearly $20 million the Fidelity fund valued its stake at in October.

From today, according to https://apnews.com/article/twitter-fidelity-musk-value-08c64.... It doesn't sound like it increased its valuation of twitter in any way tbh.

Re: Tell HN: Twitter switched temporarily to rate limited mode

#598

Post by raverbashing »

PokestarFan wrote: post #572
stubybubs wrote: post #305

Earlier quoted context omitted.

I think this is going to be known as "the Millennial subsidized lifestyle era." Not that it was exclusively used by Millennials, but it's largely what they grew up with. AirBnb was maybe the worst of the bunch, because it has such a dramatic negative externality on housing markets. Entire areas of Barcelona have essentially no real residents because even those who didn't sell to AirBnb investors found it unlivable wi…

How does Spotify lose money? Audio isn't nearly as big as video files. Likely they are just going to make the free tier absolutely suck.

Are they still paying exorbitantly for podcaster exclusivity?

Re: Tell HN: Twitter switched temporarily to rate limited mode

#600

Post by WJW »

mtsr wrote: post #421
gretch wrote: post #357

Earlier quoted context omitted.

> we were putting everything on a credit card and not worrying about the bill that eventually had to be paid We (consumers) didn't put anything on a CC. VCs did. And I count that for the blessing it was. I ordered tons of subsidized food on DoorDash, cheap rides on Uber, etc. Now that golden era is over, and I will not be ordering any more of that stuff at the now exorbitant prices. Thank you based VCs, for comping a…

Except a lot of the formers ways of doing things / getting things have been pushed out of the market with all the capital influx. So there aren’t any small stores anymore, small restaurants don’t do delivery anymore, etc etc.

Are you living in the same world as me? When I go into town there's a ton of small shops. Small restaurants are absolutely everywhere, either to eat in or to get delivery from using one of several delivery apps. I cannot relate to your comment at all.
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