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Cake day: July 3rd, 2023

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  • Their capitalization was I believe around 8 billion. This is the number they need to understandably recover from an investment point of view. If I was an investor in a risky type of investment like this. Risky mainly in that it could be a dog forever, I would want to see 25 prevent profit in their financial statements relatively quick.

    I am saying this all from an investment point of view of the people that now own it. More or less, Reddit needs to start showning profits of some 1.6 billion a year. That likely means they need 10 or 10s if billions in revenue per year. That will give you an idea what they will be developing and how advertising will need to be excessive. They will go the way of tiktok and other platforms in that emotional and divisive algorithms increase viewership.



  • Comments are correct here with one missing high level component for routers. That is the very top level routers are designed for tier 1. I started an internet company and we got large enough to decide to become a tier 1 provider. There is one big difference in this configuration is that we publish our own blocks of IPs and we listen for published IPs. We have routers that essentially maintained a list of where all the IPs or block of IPs worldwide needed to go. More importantly, I would send out a list of my IP blocks that would propagate across all the tier 1 routers across the world. That could take an hour but more likely minutes.

    Having this allowed me to essentially connect to the internet at zero cost. There is some cost to be assigned IPs but I was trusted. While I say zero cost, I still had to pay for large bandwidth dark fiber to new York or other major meet me points. I also had to pay rack space to put a tier1 router into these buildings. But what is really gives me is the ability to have multiple connections to the pipes and because I publish my own IPs, I can balance all the routes and other providers can find the best way to me thru a process called weighing. Also if I loose a connection which is rare at this level, I could rapidly and automatically republish my route on working connections and usually within 15 minutes, all the routers in the world would know. 15 minutes actually is likely long. These days 5 minutes.

    Now the interesting part of this, I publish my own IPs. I have to be extremely careful as with a single stroke, I could say I own all the IPs to China. Well likely a few strokes. I certainly could make a simple mistake and take control of a shit load of IPs. That means suddenly traffic could come to me that was destined for another country. More correct, because they are publishing, it would just make a mess and take some IPs down. If I publish a big block in China, I would essentially DOS myself because the pipe sizes I buy are factors smaller. Now this is a trusted system because we all connect together randomly. There is and can not be any central control as we all need to publish freely for this to work. But if I were to screw up and say divert a shit load of IPs destined to say Washington, it would rapidly be figured out and I would rapidly be determined to not be trusted. I would be shut down physically at some point.

    Essentially I have fairly normal routers with one feature that allows them to dynamically keep track of all the routes worldwide and to periodically publish all the IPs I own.














  • Zippy@lemmy.worldtoNo Stupid Questions@lemmy.worldXXX
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    8 months ago

    Who opens them up exactly? And that person who invests in a restaurant will leave some other job resulting in that much less product being built this something rises in price somewhere.

    Rent caps just result in less people or corporations investing in rental properties. If you are alread have 90 houses and 100 people want to rent, how does caps encourage more houses?

    At the end of the day the only thing that matters is how productive we are in total. Anything that is scarce will be high in price and if you mandate a lower price, then some people will simply not have shelter if you want to use that example.