

Shareholders are dumb panicky creatures. As long as the numbers aren’t terrible and you say some nice things most of them take it as gospel.
Spinning shit as a positive is a full time career in the corporate world after all.


Shareholders are dumb panicky creatures. As long as the numbers aren’t terrible and you say some nice things most of them take it as gospel.
Spinning shit as a positive is a full time career in the corporate world after all.


Subscription info is definitely part of the information provided to investors. The raw numbers may not be in the financial documents, but revenue from subscriptions most definitely is and will give a general idea of changes even if the company doesn’t give the numbers directly.


Large Shareholders some care about how the line goes up, just that it does. Constantly. Every quarter.


A year ago that firm would have been worth hundreds of millions of dollars, at the moment it’s a fire sale. They’re almost surely losing millions on the deal.
They’re leaving basically with whatever they were already paid as a partner for the years they were there. Law firms don’t operate like or pay like traditional businesses. Partners at firms like this almost always have to be offered a partnership, and buy their way in. Some partnerships at prestigious firms can have buy-in fees upwards of a million dollars.
The partners then are paid a percentage of the business, depending on seniority and managing status. If there is no business, there is no pay. If the firm goes under, or is bought out, there is little pay because the firm isn’t worth much, if anything.
They’re basically leaving with what they’ve already squirreled away and not spent with potentially lavish lifestyles over the years.


Two options really…


Here’s the thing, at firms like this, the prestige of being a partner at a firm that’s been around since 1792 is a primary reason for being there. The money is secondary. And being known as the partners that destroyed the oldest firm in NYC, is a dishonor none of them want to be known for. It’s what they’ll be remembered for, not anything else they’ve done.


That’s because they make an insane amount of money by taking 30% of every sale on their platform, which nearly everyone uses because they’re a near monopoly and the alternatives are terrible. Around $3.5 Million per employee, nearly 5x the next highest company, which is Facebook at around $780,000 per employee.


VPNs aren’t hard to detect, especially if you’re using a major service.


They’d have to host it from somewhere not related to Meta in any way, otherwise someone on the fediverse would find that link and spread the word, and it would be blocked the exact same way. It only takes one person making that connection, Meta knows they’re hated.


The point they’re making is that they don’t need to scrape the data. It is available via federation. Scraping the data is less efficient and can negatively affect the platform performance, versus the built in federation system where that data sync is intentional.
Especially when Meta has a fediverse presence. The reason they’re scraping is likely because instances have blocked theirs, in part to prevent this exact thing.


If I’m looking at dates correctly, Disney filed the strike AFTER it was in the public domain already. So it was a bullshit strike from the beginning, not just something that was struck before it entered the public domain and was left over.
The DMCA needs to be updated with fines for clear bullshit claims like this. As it is, there is no penalty for a company to just claim everything. I’d even be okay with platforms like Youtube receiving a portion of that fine for having to be in the middle of the bullshit copyright claims that were overturned because. Give the platforms an incentive to make the process streamlined and straight forward instead of the crap we have now.
They are as far as the shareholders are concerned if Amazon is telling them about different tiers of subscription. The bullshit the company spins is just as, if not more, important than the raw numbers. Especially when companies only report mandated info and the raw numbers they’re referencing aren’t disclosed for comparison.
Statistics is the art of making up a narrative you want to show via numbers, and finding a way to say it exists regardless of reality.