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Wanting to delete all social media but afraid I’ll stay out of the loop. - 13yo
Main Post:
I’m still young and trying to interact with those my age and I worry that if I delete everything now (after being chronically online for most of my life) I will lose the relatability I have and my social identity will be more lackluster.
Any advice for me? I definitely want to do it since I’m passionate about doing something but I still don’t know what.
Top Comment:
Honestly I think the added time and energy you’ll get from getting off of social media will increase your sociability. Also the things on social media don’t matter. Irs better to read multiple books on several different subjects than waste your time and energy on useless brain rot and semi education videos.
anyone have a media upload fix for videos? i’ll tell you one for photos if you tell me the video method, no payments or anything. hmu
Main Post: anyone have a media upload fix for videos? i’ll tell you one for photos if you tell me the video method, no payments or anything. hmu
Top Comment:
STOP LYING BECAUSE THERE IS NO SUCH WAY EVEN FOR PHOTOS, UNTIL NOW.
I'll tell you exactly how Linus Media Group will crumble financially after today
Main Post:
- A lot of brands that want to keep a good public image will pull their sponsorships after the allegations of employee mistreatment that the company cannot even legally adress directly, only vaguely. Brands could also ask YouTube to flag the channel so ads of their products don't get displayed for LMG videos. This will result into a significant decline in revenue per video produced.
- Floatplane subscriptions and the LTT store purchases will fall, since they come from loyal and long time community members who are up to date on the recent drama and allegations. This will result into a significant decline in revenue. Downsizes in product and floatplane teams might happen.
- There will probably be a moderate drop in YouTube subscribers because of the allegations, 100K just yesterday, probably more today. Likely not huge, but still. Potential decline in long term viewership and therefore revenue.
- If the company commits to a less intense schedule and more quality content, they will make way way less money and their operating margins will be hurt since revenue from ads and sponsorships drops but overhead costs stays the same. They could be forced to downsize their production team.
- YouTube algorithm that suggest videos to users could penalize their channels both because of the allegations and because frequency of posting videos is lower, alongside the deterioration of the like-dislike ratio. Further decline in revenue for video posted.
- The Labs investment is a huge sunk cost that is likely not going to deliver any results on additional revenue. Most people that watch tech videos don't really care about industrial-level-accuracy measurements for the sake of a mouse review, and the few ones that do have just demonstrated that LMG cannot even get the accuracy right, there is no credibility.
- Potentially they will spend a lot in legal fees to fight these controversies. Plus Terren Tong's golden parachute is not paying itself. The guy gave up a director role at Dell to be the captain of a sinking ship, you can bet he'll ask Linus to make up for it
TLDR: Linus Media Group will enter a slow but sure financial death spiral. Free cashflow will turn negative, they will start firing employees, liquidating real estate and fixed assets like the labs to pay debt and return to profitability, they'll be a much smaller company once the dust has settled. Bankrupcty not off the table.
Some dumbass private equity fund bid Linus $100M for a piece of shit media company at a ridicoulus valuation with a few millions in EBITDA, a company that cannot even survive without him being employed there. My man not only did not take the bid, he sank all the company's equity into an ideological pursuit buying commercial real estate at the top of the market, and will now run said company into the ground in a useless quest to fix his own mistakes. He'll be lucky to sell it for $5M. At least he took some bags out to build his mansion I guess. Gravy train has left the station for the last time.
Top Comment:
I do not think they will crumble, they will just scale down the operation instead of having 150 people, they will have 100 or even 50. Cut cost wherever possible and try to turn it around.
Actually it would be the best for them if they scaled down and had ability to restructure