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Instagram’s Co-Founders Said to Step Down from Company

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171–180 of 231 posts

Re: Instagram’s Co-Founders Said to Step Down from Company

#171

Earlier quoted context omitted.

"Messrs." is fairly common in British English, although it would be considered quite formal by most people.

is it? I have never, ever seen it used and I've lived in the UK my whole life.

Still see it used sometimes in current UK English, most often by solicitors or in other formal language.

Definitely becoming less common and fading out, like Esq and Esquire slowly died out of standard usage on bank statements and other official letters, over the last 20 years.

Re: Instagram’s Co-Founders Said to Step Down from Company

#172
post #67

Earlier quoted context omitted.

Your life now may be better than the one where you accepted Kevin’s offer.

That is rationalization, where we try to apply "logic" to make ourselves feel better about a bad situation. The chances are low that life is better now, after losing out on a chance to be an early part of Instagram. That's like saying a homeless person's life may be better than if he had a home. Ya statistically that scenario is possible. But if you had a choice, do you really want that homeless person to stay homele…

No, it isn't rationalization

Startups still have "lottery ticket" chances. Better, but still not a guaranteed payoff.

What if instead of IG it was Theranos or Color (or that startup that nobody heard of)?

Re: Instagram’s Co-Founders Said to Step Down from Company

#173
post #132

Earlier quoted context omitted.

Anecdotally, when you don't need to work it makes you happier (though you can still work, but only when you want to). High wage vs passive income is a big difference and the research you are thinking about only captured the former.

I have a passive income of €1.5k/month without being a millionaire. Some of my friends are millionaires and we are basically equal. We all can choose to work and are free, this makes all the difference. The main differentiator between rich people and others is the fact that rich people don't have to work . This is the biggest freedom. I figured out that I don't need to be rich to do that. I still work, but I mainly d…

May I ask what kind of business are you running for your passive income and how you got there?

Background of this question: Also form Europe (Austria), an EE engineer but modestly paid and overworked. I figure I should pivot to a passive income source as even switching jobs won't imporve my quality of life since companies are overly stingy on paying competitive salaries and most try ot burn you out in the long run as they try to be more competitive and government will tax the hell out of you the more you earn so I figure why bother, my healh is worth more than that.

Re: Instagram’s Co-Founders Said to Step Down from Company

#174
post #139

Earlier quoted context omitted.

> No words can alleviate that regret. I can relate. I cry myself to sleep every night thinking about those bitcoins I didn't mine, back when you could get hundreds on a single GPU overnight.

Well, at least you aren’t the guy that bought two pizzas for 10 000 bitcoins. If he’d have held onto them until the $20 000 peak (a tall order in itself) he’d have netted a cool $200 million.

> If he’d have held onto them until the $20 000 peak (a tall order in itself) he’d have netted a cool $200 million.

If he could have sold them at that price without moving the market, that is.

Re: Instagram’s Co-Founders Said to Step Down from Company

#175

Earlier quoted context omitted.

lolwut? Instagram today is completely different from the way it started. The app is different, the community is completely different. Literally nothing is the same. It doesn’t even resemble what it once was. It has completely devolved. It may very well be the most toxic property out there. It’s hard to imagine something more phony, optimized soley as a way to waste your time tapping away giving “likes”. Watching somo…

>Instagram today is completely different from the way it started. The app is different, the community is completely different. Literally nothing is the same. It doesn’t even resemble what it once was. It has completely devolved. >IG now is a platform of the least common denominator. 90% of the posts are garbage spam that takes the form of meme/image mace hybrid abominations designed to get likes. I guess you aren't f…

>I've seen plenty of engaging and cool content. I've even become friends with people from the opposite side of the world. Basically a modern kind of pen pal.

I did that before with Facebook, and Twitter, and forums, and WoW, and MSN, and ICQ and IRC and MUDs...literally any form of online interaction. This doesn't set Instagram apart; it happens despite the fact it's a hyper-optimized advertising app.

Re: Instagram’s Co-Founders Said to Step Down from Company

#176
post #49

First official statement: https://instagram-press.com/blog/2018/09/24/statement-from-k... > We’re planning on taking some time off to explore our curiosity and creativity again. Building new things requires that we step back, understand what inspires us and match that with what the world needs; that’s what we plan to do. h/t to Bloomberg's @sarahfrier, who also says this: https://twitter.com/sarahfrier/status/1044419…

From later on in the Twitter thread: > Without the founders around, Instagram is likely to become more tightly integrated with Facebook, making it more of a product division than a company within Facebook, sources say Given the "brand tax" of Facebook in the current climate, I really hope they avoid this for their own sake.

Curious as to what you mean by 'the "brand tax" of Facebook in the current climate.'

Re: Instagram’s Co-Founders Said to Step Down from Company

#177

Posting anon. In 2009, the startup where I was working was hitting the skids, and our investors (correctly) were not willing to back us. We all kept grinding for a month or two in honorable futility, but after a while, my bank account depleted and I had to go. To make various ends meet and to keep my mental health during the wind down however, I took up some contract work that I found through various friends in the S…

A lot of commenters seem to be bemoaning this poster as missing out on endless riches. Why? we already know that being super rich doesn't really make you all that much happier compared to being rich (and if you are a programmer in work in then you are pretty rich). I feel that they missed out more on the rocketship journey of being on a startup. And even then that's not everyone's cup of tea.

Why did you assume he is missing out on being rich? Nowhere in his post he even mentions money. It felt more he missed out on being a part of a great success that every startup wants to live through similar to that of Instagram.

Re: Instagram’s Co-Founders Said to Step Down from Company

#178

Earlier quoted context omitted.

From later on in the Twitter thread: > Without the founders around, Instagram is likely to become more tightly integrated with Facebook, making it more of a product division than a company within Facebook, sources say Given the "brand tax" of Facebook in the current climate, I really hope they avoid this for their own sake.

Curious as to what you mean by 'the "brand tax" of Facebook in the current climate.'

Not OP, but I interpret "brand tax" as the opposite of the halo effect. FB's brand is tarnished, and arguably hinders rather than helps w/ IG brand perception.

Re: Instagram’s Co-Founders Said to Step Down from Company

#179

Earlier quoted context omitted.

From later on in the Twitter thread: > Without the founders around, Instagram is likely to become more tightly integrated with Facebook, making it more of a product division than a company within Facebook, sources say Given the "brand tax" of Facebook in the current climate, I really hope they avoid this for their own sake.

Curious as to what you mean by 'the "brand tax" of Facebook in the current climate.'

I would assume the negative connotations surrounding the 'Facebook' brand, specifically Cambridge Analytica and 'Russia's election meddling.'

Anything associated too closely with the Facebook name could become associated with these negative connotations.

Re: Instagram’s Co-Founders Said to Step Down from Company

#180

Earlier quoted context omitted.

Specifically, it's an abbreviation of the French messieurs , which is just multiple misters. Maybe it's more formal now, but it was ordinary and frequently used in the past in both French and English writing. (Obviously, still quite commonly used in, um, French today.) E.g., English https://books.google.com/ngrams/graph?content=messrs&case_in... French https://books.google.com/ngrams/graph?content=messrs&case_in...

As a French, it feels weird to learn something about my language on an English site :|. I don't remember seeing it written in French. Or I saw it, understood the meaning and forgot.

You’ve probably heard it without noticing - eg “Mesdames et messieurs” (ladies and gentlemen) is still in common use.
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