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Joined 1 year ago
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Cake day: June 17th, 2023

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  • They are a public company that was $4B negative free cash flow last year. The employees get paid, but I’d love for you to describe the mechanism where a board member derives value when the stock has tanked over the past two years unless you are saying that they are shorting it, which would be public information and get them kicked off the board typically.




  • porkins@sh.itjust.workstoTechnology@lemmy.worldSpotify re-invented the radio
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    11 months ago

    Spotify is not profitable nor ever has been. It accrued $4B in additional debt last year. The business is subject to high royalty fees. As a competitor, I just leave free Spotify running all day on mute since they lose money from every subscriber. The royalties are the same whether they make money or not on the customer. It is wise of them to more aggressively convert people to paid plans, but I’m sure that their margins are razor thin.











  • I simply find that when I am logged into YouTube with my same account that purchased YouTube TV I receive no ads. I am not using an add blocker or anything. I assumed that was because of my purchase of YouTube TV. It might be a bug with my account because I still get a splash occasionally to buy premium, however no ads ever.



  • I’ll tell you that the teacher was an attorney who worked for a very reputable business consulting firm to help businesses make unsavory decisions. A key takeaway from the class is that you can do anything that you can get away with and if you don’t, your competitors will. They basically said that you need to get away with it in the eyes of the law, but also your customers. They may be the ones forcing you to do the right thing. You also have to do good in the eyes of your employee culture. If your employees don’t like the direction of the company’s values, then that can prove detrimental. So, in many respects, you can be forced by external factors to act an ethical manner.