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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

#811

I remember back in the day Jeff or Joel came on the somethingawful forums and started talking about their idea. They were resoundly trolled about how horrible their site idea is. Why would we want un-certified randos on the internet giving people advice? Stack Overflow succeeded and SA is just kind of limping along. Though maybe now that Lowtax is gone it can just kind of maintain.

You're confusing Joel/StackOverflow for Jeff Atwood, who posted on the forums while designing Discourse. Atwood was lambasted for not understanding the SA forums culture before making assertions about it, and for being seen as wanting to ignore the necessary role that human moderation plays in maintaining strong communities.

That could very well be. It was quite a while ago.

Re: Stack Overflow sold to Prosus for $1.8B

#812

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 wonder if these acquisitions are like the new art collections of the super wealthy.

Re: Stack Overflow sold to Prosus for $1.8B

#813
post #674

Earlier quoted context omitted.

How did they find out he originally posted under his real name? They must have known that was his profile, and then SO handed over the data proving it?

> then SO handed over the data proving it? Yes, something like that. The very first mention of the Silk Road online was from a user named "altoid" on Shroomery – the post is actually still up: https://www.shroomery.org/forums/showflat.php/Number/1386099... altoid was also the name of the account that had originally posted another question on SO, not the one about sessions, but one about Tor services: https://stackove…

good stuff, thanks!

Re: Stack Overflow sold to Prosus for $1.8B

#814

Earlier quoted context omitted.

One of my funniest work experiences comes from a coworker who had a question about an obscure RHEL 5 thing long after RHEL5 should have been abolished, him googling it, and finding an answer I had posted about a decade before when RHEL5 was in beta and I had experienced and answered the same issue. Through the “asking and searching” phase, he was sitting next to me on a rooftop at a really stressful job, we were drin…

I've had the same experience of looking up and finding an old answer from someone I knew, but one that I made _myself_ for the exact same problem I've just hit again years later... :D

If I had an dollar for searching and finding a reddit thread that I created for a question that I eventually had to find the answer to myself since somehow everyone else remembers this, I'd have at least 10 dollars.

Come on brain, you remember fucking commercials.

Re: Stack Overflow sold to Prosus for $1.8B

#815

Earlier quoted context omitted.

I think of hard work as being more of a necessary but not sufficient condition for most of these outcomes, so to some extent: "The harder I work, the luckier I get..." You can't control your luck, but you can control how hard you work. Some will read that sentence and conclude that working hard is a fool's errand. Others will read it and conclude the opposite. Neither is entirely wrong.

If you really want to be rich, don't work hard; either inherit, or get other people to do hard work. Working hard is easy, hundreds of millions of people do it, the trick is getting the hard workers to give you a percentage of what they earn, and scale that model up.

Getting other people to do hard work in a coordinated fashion to create a valuable collective outcome is itself a form of hard work. On that point, we seem to agree.

Re: Stack Overflow sold to Prosus for $1.8B

#816

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 sold a company to Naspers once (the parent company of Prosus). Their philosophy is to let their portfolio companies continue to operate independently.

I continued to be the CEO of my company, and I reported to a regional CEO, who reported to the CEO of Naspers. I share this because I found it odd that "CEO" was basically a middle manager ;)

Re: Stack Overflow sold to Prosus for $1.8B

#817

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.

What is wrong with event sourcing? We also built our app without any microservices but event based processing is actually quite good pattern. Basically the state of the application can be replayed with the events.

Nothing at all. These are all very valid things to do in the right circumstances. But when a certain idea gains hype in the industry, people try to fit it into all sorts of areas and I was making a generalized statement on that.

Re: Stack Overflow sold to Prosus for $1.8B

#818
post #500

Earlier quoted context omitted.

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

13 years after founding. Most startups don't expect to exist that long.

Re: Stack Overflow sold to Prosus for $1.8B

#819
post #97

Earlier quoted context omitted.

I loved listening to the Stack Overflow podcast with Jeff and Joel. It was kinda crazy that they were doing a podcast like that while they (Jeff mostly) were building it and coming up with the name, etc. Still have all the mp3's somewhere. Edit: I'm in the top 2%. Most of my rep. comes from interest earned on questions/answers I posted very early on.

I'm a fan of Spolsky's writing. I haven't heard of that podcast before. I see joelonsoftware.com has some expired links. Where can I listen to this archived podcast ?

You have them on SoundCloud [1]. Note, there is a mess with numbering of episodes.

[1] https://soundcloud.com/stack-exchange

Re: Stack Overflow sold to Prosus for $1.8B

#820
post #776

Earlier quoted context omitted.

> it's how useful you are/were to the site One person asks a single naive question once: "How do I undo the most recent local commit with GIT", gets 200,000 reputation. Another person answers 100 complex, delicate questions useful to high-performance computation underlying widely-available cloud services; gets an average score of 5, has 5000 reputation. Another person occasionally asks and answers a few questions, re…

The person who asked the naive question that a million other new git users will have at some time or another.

If that person hadn't asked the question, any number of other people would have asked it, probably a couple of days later.
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