this post was submitted on 02 Jul 2023
1788 points (97.5% liked)

No Stupid Questions

35875 readers
2730 users here now

No such thing. Ask away!

!nostupidquestions is a community dedicated to being helpful and answering each others' questions on various topics.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules (interactive)


Rule 1- All posts must be legitimate questions. All post titles must include a question.

All posts must be legitimate questions, and all post titles must include a question. Questions that are joke or trolling questions, memes, song lyrics as title, etc. are not allowed here. See Rule 6 for all exceptions.



Rule 2- Your question subject cannot be illegal or NSFW material.

Your question subject cannot be illegal or NSFW material. You will be warned first, banned second.



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Questions which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding META posts and joke questions.

Provided it is about the community itself, you may post non-question posts using the [META] tag on your post title.

On fridays, you are allowed to post meme and troll questions, on the condition that it's in text format only, and conforms with our other rules. These posts MUST include the [NSQ Friday] tag in their title.

If you post a serious question on friday and are looking only for legitimate answers, then please include the [Serious] tag on your post. Irrelevant replies will then be removed by moderators.



Rule 7- You can't intentionally annoy, mock, or harass other members.

If you intentionally annoy, mock, harass, or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



Rule 10- Majority of bots aren't allowed to participate here.



Credits

Our breathtaking icon was bestowed upon us by @Cevilia!

The greatest banner of all time: by @TheOneWithTheHair!

founded 1 year ago
MODERATORS
 

YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

you are viewing a single comment's thread
view the rest of the comments
[–] merc@sh.itjust.works 96 points 1 year ago (2 children)

It's the end of cheap credit.

https://fred.stlouisfed.org/graph/fredgraph.png?g=16J5X

That graph shows the Federal Funds Effective Rate. Until recently, VCs could borrow money while effectively paying zero interest. That meant their investments weren't under any pressure to become profitable any time soon. Now, borrowing is expensive. VCs don't want to loan any more money, and want their investments to pay off. Reddit and other pre-IPO companies are scrambling to become profitable.

I assume the big companies like YouTube / Google going against people blocking ads are just taking advantage of the chaos.

As for Twitter: Elon Musk is an idiot.

[–] whoisearth@infosec.pub 33 points 1 year ago (1 children)
[–] nobody5050@midwest.social 7 points 1 year ago

I respect you took the time to link this

[–] zos_kia@lemmy.fmhy.ml 4 points 1 year ago (1 children)

This meme is repeated everywhere ad nauseam and is blatantly wrong. VCs do not borrow money from the banks. The argument goes the other way around, and implies that the people who bankroll VCs would rather lend their money through banks than invest it - but even that is bullshit, you'd need interest rates in the double digits to even begin to be in competition with your average VC performance.

Also not 100% of VC money is american so Fed rates are not as relevant as you think. Please stop spreading that nonsense.

[–] zygo_histo_morpheus@programming.dev 3 points 1 year ago* (last edited 1 year ago) (1 children)

It's not just the american federal reserve that's increasing it's rates. We live in a globally connected economy and almost all countries are impacted by the american economy as well as some of the reasons causing inflation in the US (the pandemic and the war). Most countries are affected by the inflation and most countries are combating it by hiking interest rates.

[–] zos_kia@lemmy.fmhy.ml 1 points 1 year ago (1 children)

Of course everything is connected but it's not always 1 to 1, nor are the effects always immediate. Some economies absorb different impacts in different ways.

[–] zygo_histo_morpheus@programming.dev 2 points 1 year ago (1 children)

The point being made is that it's more expensive to borrow, do you dispute this?

[–] zos_kia@lemmy.fmhy.ml 1 points 1 year ago

Of course i don't. I dispute the fact that interest rates are a significant factor in the VC market.