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Stack Overflow sold to Prosus for $1.8B

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Re: Stack Overflow sold to Prosus for $1.8B

#441
post #319
post #80

Earlier quoted context omitted.

Well, you make it a game - people start playing. The disadvantage of gamification. I'm not sure that people giving good answers and help are well matched by a system designed for people who like "leveling up". I think that system pulls in a mismatched crowd over time, too focused on the game goal. The solution creating a match is supposed to be what you get the points for leveling up for. However, that does not reall…

they aren't "purely virtual achievements", they're, as you say, points in a game. i can (and have) spent hours at a time playing scrabble or civilisations, and they aren't for "fake scrabble points" or "fake civ points"; similarly here, for the people who do get more into the gamified aspect of stackoverflow, they aren't chasing fake internet points, they're accumulating real stackoverflow points.

If you shift the coordinate system to within the virtual system nothing is fake any more. I left the context that I used for the words "virtual" and "fake" outside and with their actual real life at the center. My reddit or HN or SO points don't have any influence there. That it means something right on those sites - does that have to be said?

You get to keep everything that you achieve in your own head, like "having fun" or whatever satisfaction you derive from what you do on those sites. You don't get to take out anything you manage to "create" their though, like your level and points. So except for what you manage to do in your own head it's much-input-no-output, a black hole box that swallows all your efforts and keeps them without giving back. Again, speaking about the "game", not about your own satisfaction e.g. for helping others.

The game is used to pretend to you the rewards are higher, but in order realize that promise you have to stay in the game world because the rewards you earn cannot be taken out.

So yes, within the context of those sites it is "real".

Re: Stack Overflow sold to Prosus for $1.8B

#442
Recent discussion about their tech stack: https://stackoverflow.blog/2021/03/30/roberta-arcoverde-stac...

Summary: simple as possible, maintainable, no micro-service hell - just a bunch of boxes serving with the cache and highly optimized SQL queries. Know your storage engine.

This is yet another example that not getting bogged down in cargo cults, micro-services, and instead solving problems you have will result in a smaller, more agile team, leaner infrastructure bill and burn rate, and a higher chance of a successful exit.

Re: Stack Overflow sold to Prosus for $1.8B

#443

This makes no sense. Stackoverflow is a useful resource for programmers, but it's difficult to monetize. More than average users will have an ad blocker or otherwise mostly ignore ads. Not enough users would pay a subscription. My prediction would be they start to introduce obnoxious features to try get their 1.8B back and will annoy users away slowly. I have nothing against my prediction turning out wrong.

by that logic hn is worthless too, yet I bet it created a lot of $ for yc

Re: Stack Overflow sold to Prosus for $1.8B

#444
post #213

Earlier quoted context omitted.

That's a good point. I wonder why SO is so political? As an outsider it is just like a bunch of people asking questions and getting answers.

What do you mean with "so political"? The hard part is getting the social dynamics right. Askers want to ask any question, answerers want to answer interesting questions. Keeping both groups happy is a hard task. People complain about questions being closed (technically: "on hold") and marked as duplicated, but it serves a real purpose as no one wants to answer the same question over and over again. How you do it mat…

And this is complicated even more by all the "soft" topic sites, each of which has its own culture.

Re: Stack Overflow sold to Prosus for $1.8B

#445

I 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…

Glad to hear I'm not the only one that lost their S.O. account because they decided to try the amazing sounding OpenID.

It’s been several years now but they had a long (1 year?) window where you could migrate to a supported login method.

Re: Stack Overflow sold to Prosus for $1.8B

#446

Earlier quoted context omitted.

>> The entire company is staying in place: we just have different owners now. I've been a part of a couple of these. This statement is somewhere on the spectrum of absolutely naive to willfully disingenuous. "Someone just paid 2 billion dollars to buy us, but they're not going to change anything, exert any influence or expect payback beyond what we've already been doing."

I agree. Why buying a company if you don’t want to make any change? Investment firms make profits by buying low and selling high, and it is hard to sell higher than the purchase price if things are kept the way it is.

SO being SO has increased it's value year over year. There's no need to change anything, just ride those coat tails to profit.

Re: Stack Overflow sold to Prosus for $1.8B

#447
post #419

Fun fact and one of my dinner party anecdotes; I have the accepted answer for one of Ross Ulbricht’s (Silk Road’s Dread Pirate Roberts) SO questions that got him busted. https://stackoverflow.com/questions/9563675/destroying-a-spe...

Wow CodeIgniter, blast from the past. Funny at the time it was a pretty nice ORM/Framework. Apparently I still used SVN also. https://alessandrovermeulen.me/tags/codeigniter/

CodeIgnitor. What a blast from the past. I was able to read the entire code base and then again and grok all of it fairly quickly. That gave me a lot of confidence then and helped with imposter syndrome

Re: Stack Overflow sold to Prosus for $1.8B

#448

While I'm happy for the people who made a lot of money in this transaction, I always read these announcements with a bit of angst. From a user point of view, I expect this to go like Reddit has, for example. Everyone building that value saw high use value, returns on their investment in the form of information they need, lean, easy to find, high signal to noise. Now there is a debt to be paid. The new owner needs to…

I dunno. Reddit seems like an example of a successful acquisition. Conde Nast managed not to destroy Reddit after buying it. But I agree with you overall. I'm a bit nervous too. Stack Overflow is so good, and its fate is now entirely in the hands of the purchaser. EDIT: In the other announcement post ( https://www.joelonsoftware.com/2021/06/02/kinda-a-big-announ... ): Today we’re pleased to announce that Stack Overfl…

> Conde Nast managed not to destroy Reddit after buying it.

Reddit is simply dying a slow death. I wouldn't touch the place now.

Re: Stack Overflow sold to Prosus for $1.8B

#449

Earlier quoted context omitted.

How do you define a moat? For me it's anything that gives a company an advantage over it's competitors. It can be patents, tech, but also brands. Take Coca Cola for example. Now obviously it has a moat right? Where is this moat coming from then? If you think about it it's mostly the brand, not anything to do with taste. Same can be said about different beers or about Nike, Levi's, Apple (arguably) etc etc.

Good question. It might be a difference in degree rather than a difference in kind. Consider the social media space: if you want to build a Twitter clone, you could do so in a pretty short amount of time with a pretty small team. You could buy ads to get everyone to know your product's name. Those ads will bring in enterprising early adopters, but no matter your ad spend or the quality of your platform (you could eve…

I think Twitter is mostly about momentum, everybody is there and people dont want to start over again. A competitor will have the critical problem of having zero users. I am not sure the connections between users matter that much. Not all brands is about status. How can cereal be about status for instance? A lot of the crap we buy and services we use is just habit and acquired behavior. Sometimes status signaling is part of it and sometimes it isnt. Is capncrunch about status lol?

Re: Stack Overflow sold to Prosus for $1.8B

#450

I 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…

> realized it'd take like a month of dicking around to get a new account up to the point that I could post a response in the thread

If you made a whole video just post it as an answer. That takes 1 rep (the lowest it can possibly be). If you wanted to post it in a comment ...well you needed 15 rep which is also pretty easy to get.

I don't understand this criticism of SO as if it is some walled garden and it's so hard to participate you may as well not.

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