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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

#531

Earlier quoted context omitted.

Just positively edit a few questions. You'll get rep for that. https://stackoverflow.com/help/privileges Questions by new users usually need a lot of editing so there is no shortage of things which need editing. You'll get 15 rep after 7 approved edits. Things will accelerate from there.

For what? I've already built up the internal momentum to go out of my way to fix someone being wrong about something trivial on the internet, and now you're telling me I need to invest my time on even more trivial pedantic bullshit (like editing wording on an accepted answer) just to gain the privilege to make a top level answer? You'd think that with such strict rules, StackOverflow would have very high quality ques…

You'll notice that anyone can write an answer (or ask a a question) with zero interference. There is no rep barrier to contributing an answer.

If you want to participate in other ways without answering or asking questions then there are still ways to do that.

Re: Stack Overflow sold to Prosus for $1.8B

#532

Earlier quoted context omitted.

> Conde Nast managed not to destroy Reddit after buying it. Their current plan seems to be a race to the bottom; a new re-design for the default landing page that rewards infinite scroll over in-depth content. Meanwhile, the moderation tools are still garbage.

Their app is 2x slower than their mobile site and their new mobile site is 4x slower than their old site. Why do these brands feel the need to make everything a fucking SPA.

I agree.

old.reddit.com + RES is still the best Reddit experience.

Re: Stack Overflow sold to Prosus for $1.8B

#533
post #405

Earlier quoted context omitted.

Ironically I was one of the first ones too but never really participated since I didn’t think the site would actually have lasting power. Never ask me to pick the winning horse. Same thing with Bitcoin. I knew about it from the first day, but never mined any since it was such a dumb idea. Face palm.

Don't be too hard on yourself, it's next to impossible to guess which things are going to be transformational and which aren't. Look at some of the early early emails from Linus Torvalds on linux. In his mind the original linux kernel was just a cool toy that other devs could play around with. He invented linux and even he never saw it becoming the OS of practically the entire internet.

I don't think many people who do something big and attribute the success to their own foresight are being truthful.

Re: Stack Overflow sold to Prosus for $1.8B

#535
post #11

I 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…

Same for me. Day 1. I'm user 25 on the site as I listened to the podcast about them making it. Just for answering a few questions early I'm in the top 0.76% overall. https://stackoverflow.com/users/25/codingwithoutcomments

I was active for maybe 1 year on SO. Account is dormant ever since. Your answer prompted me to check. Still in the top 0.02%

Re: Stack Overflow sold to Prosus for $1.8B

#536
post #500

Earlier quoted context omitted.

You can bet your ass if one of these obscenely funded startup takes on the same problem, you are going to see all of that microservices, event sourcing, reactive patterns, service mesh jazz all over the place when they are dealing with like 100k users. And throw in the obligatory machine learning for intelligent ranking or some shit like that.

Correct. Because the whole system is filled with anti-incentives. You can't attract money by demonstrating that you can be frugal. It's absurd.

Except the occasional $1.8B

Re: Stack Overflow sold to Prosus for $1.8B

#537
post #412

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."

Naive indeed. I flew to meet a company we had just acquired and I personally promised them that nothing would change. Even though I believed it at the time of course it didn't pan out that way and to this day I regret saying that.

Wow, yeah, never say that. Even if you believe it's true, saying nothing will change is sort of like waving a red flag in front of the bull. Of course things will change over time, they always do!

Re: Stack Overflow sold to Prosus for $1.8B

#538

One one hand, I'm glad that Stackoverflow is profitable. That someone is making money on it. On the other, I'm peeved that someone made two billion on all free content I and others created for no other gain than imaginary internet points. Without our work, SO wouldn't have been worth much. None of us can objectively claim to have been take advantage of... but still...

That's how crowdsourcing works. I think I'm more concerned over the fact that stackoverflow now needs to earn $2 billion in revenue over the next 10 years in order for this purchase to have been worth making, and we're going to probably be the ones to pay for that.

Re: Stack Overflow sold to Prosus for $1.8B

#539

Earlier quoted context omitted.

For what? I've already built up the internal momentum to go out of my way to fix someone being wrong about something trivial on the internet, and now you're telling me I need to invest my time on even more trivial pedantic bullshit (like editing wording on an accepted answer) just to gain the privilege to make a top level answer? You'd think that with such strict rules, StackOverflow would have very high quality ques…

You'll notice that anyone can write an answer (or ask a a question) with zero interference. There is no rep barrier to contributing an answer. If you want to participate in other ways without answering or asking questions then there are still ways to do that.

Was it always this way? It's been a few years since I last gave it a shot.

Re: Stack Overflow sold to Prosus for $1.8B

#540

Earlier quoted context omitted.

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. Their current plan seems to be a race to the bottom; a new re-design for the default landing page that rewards infinite scroll over in-depth content. Meanwhile, the moderation tools are still garbage.

This actually just proves OPs point. When CN bought reddit, reddit thrived. They gave us a bunch of money and no constraints.

When reddit recapitalized is when all the monetization stuff really started. Once they brought in outside investors and had people to answer to.

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