Earlier quoted context omitted.
Yeah but why do those who survive survive?
Mostly it’s random chance. The reality of investing is that it’s mostly down to chance. Take an equally skilled set of investors and give them the same market access and some will do exceptionally well.
Stack Overflow sold to Prosus for $1.8B
171–180 of 881 posts
Re: Stack Overflow sold to Prosus for $1.8B
#172Earlier quoted context omitted.
The problem for me is that generally the highest ranked answers are the oldest, and in a fast moving tech stack this leads to really outdated advice. I do a lot of Python programming and some of the answers only work in 2.7 for example. Same as you, these days I'll just look at the official docs.
Yeah I see that too. Back when python 2.7 was out, the top-rated answer was a really great, python 2.7-specific solution. Now that python 3.9 is out, the top-rated answer is still a really great, python 2.7-specific solution.
Re: Stack Overflow sold to Prosus for $1.8B
#173Earlier quoted context omitted.
Way back in 2008, Google had a feature called SearchWiki that let you X-out or upvote search results. It was little used, but apparently the most frequent usage was to delete ExpertsExchange results. IIRC we ended up making some changes to webspam that resulted in ExpertsExchange links falling off the front page, and then SearchWiki was unlaunched because it was no longer necessary.
I’m dying to have that feature again. I just want to downvote/remove W3Cschools and upvote MDN.
Re: Stack Overflow sold to Prosus for $1.8B
#174"The group’s expansion into internet platforms began in the 1990s' spanning online consumer services, including: E-commerce - including its subsidiary, OLX (100%) Takealot.com (96%) Fintech - including its subsidiary, PayU (98.8%) Food delivery - including its subsidiary and associates, iFood (54.8%), Delivery Hero (22.3%) and Swiggy (38.8%) Etail - including its subsidiary, eMag (80.1%) Travel - including its associ…
Re: Stack Overflow sold to Prosus for $1.8B
#175Earlier quoted context omitted.
Yeah but why do those who survive survive?
You know that old scammer trick? Pick 512 wealthy people, pick a stock, write half of the the people the stock will rise, the other half the stock will fall. Wait for the real development, dump the addresses of the losers, pick a new stock and start again. Write one half stock will rise, other half, stock will fall. Repeat until only one address is left. Now give him the opportunity of an large investment. You have s…
Re: Stack Overflow sold to Prosus for $1.8B
#176Earlier quoted context omitted.
Ever heard of survivorship bias?
Yeah but why do those who survive survive?
Re: Stack Overflow sold to Prosus for $1.8B
#177Let's just hope there will be no "Pay to see the answer" thing happening like this one website experts exchange or whatever it was called.
Re: Stack Overflow sold to Prosus for $1.8B
#178I ended up losing access to my ancient account (it was using the OpenID providers that they don't even support anymore and the provider I used isn't around). I had gone fairly inactive, but recently wanted to contribute some content. This was on the DIY stackoverflow, there's a fairly common problem on my stove, but an easy, low/no cost fix, it's just very involved. The DIY SO had a good discussion of the problem. To…
Re: Stack Overflow sold to Prosus for $1.8B
#179I always thought Microsoft would be a natural buyer given the tech stack and Microsoft's support for developers. Unrelated story, I have a day one Stack Overflow account. I don't remember how I found it but I'm sure it was posted on digg or slashdot or something at the time. I had a lot of posts in the first few years about some generally broad concepts, and completely inactive since. In spite of this, I am in the to…
> In spite of this, I am in the top 7% of accounts on the site, which is a nice reminder on the power of compound interest! I'm also in the top 7%. That's down from 12% or so from five years ago. However, I haven't gained many points during the same interval. That leads me to believe it's not about compound interest but new users joining.
Isn't being in the top 7% up, not down, from being only in the top 12%?
Re: Stack Overflow sold to Prosus for $1.8B
#180Everyone is saying how 1.8B is a ton, but I’m kinda surprised that it’s “barely” more than the Depop acquisition today at 1.6B.
Stack overflow is probably responsible for increasing global developer productivity by maybe ~1000x the acquisition price. In a sense it’s a tragedy of the commons.
But in the case of StackOverflow it really must be a large schism. SO really did help the world. Count me++.