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Joined 1 year ago
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Cake day: June 30th, 2023

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  • I don’t agree with this statement. I think “intelligence”, however you define that, has fit pretty cleanly to a Gaussian distribution since the dawn of man. If anything, I think advances in nutrition, preventative healthcare, and access to information has driven pretty significant negative skew. I don’t have anything to back up this claim, but my guess would be that median intelligence has actually increased - it just may not seem as such since the population continues to rise, so the raw number of dummies seems overwhelming.

    But hey, who I am to define what’s smart? Maybe an inflatable hot tub, 30 rack of Busch, RAM 1500 on an 84 month note, zero turn mower, DirecTV with Fox News and the funds to pay for it all is the real secret to a happy life. I’m just someone blabbing about nothing with a bunch of Reddit exiles.







  • If I was a VC, I would want a glut of ad-sensitive, lowest common denominator users. Think your Aunt on Facebook, or your sister on VSCO, or your young nephew on TikTok. I don’t think those people are necessarily attracted to the overall community attitude(s) currently on Reddit.

    I would never call the ex-Hacker News/Digg Redditors smart. But.

    Those users do have certain proclivities that make them EXTREMELY unattractive to investment dollars. Strong interest in anti-mainstream topics, including the 3Ps (Privacy, Piracy, and Pornography) doth not good ROI make. This exodus of users and elimination of features, outside looking in, seems like a misstep. I’d be skeptical.




  • I agree wholeheartedly. Whenever some is doing app design, I always tell them - just because the PNG submission recommendation is 1024x1024px, there’s only one time people will ever see it at that res (in the store); after that, it gets scaled down as small as 120x120 for Home Screen use (or 58x58 in settings).

    There’s a reason boring, flat vector design wins - fast, universal legibility.




  • Others have basically captured it, but my read is a massive change in the overall risk profile held by venture capital firms. The time of reckoning has come, and it’s time for everyone’s (or at least VCs’) favourite three letters: ARR (Annual Recurring Revenue).

    The last twenty years, we’ve seen this sort of spray-and-pray model, where 99 bad investments could be offset by 1 “unicorn”. The risk appetite seems to have shifted largely because 1.) there’s a higher volume of early stage concepts (so there’s more bad ideas), and 2.) there’s either fewer unicorns, or the unicorns that mature are ultimately less valuable.

    Crunchbase put out a good analysis of the current trend of global venture dollar flow:

    The Party’s Still Over: The VC Downturn In 6 Charts

    You can read news from various outlets - some say it’s a post-pandemic correction. Some say it’s because labour is too expensive. But the bottom line is that VCs aren’t willing to spend money on “users-in-lieu-of-revenue” like they once were, and I honestly don’t blame them. There were a lot of really, egregiously stupid ideas coming out of SV, and their wax wings melted. sad_trombone.mp4

    Adam Kotsko summed this entire phenomena up nicely: