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Clbull

@ Clbull @lemmy.world

Posts
193
Comments
409
Joined
3 yr. ago

  • Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years

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  • EBITDA is used moreso in internal quarterly and monthly management accounts, which don't follow the exact same structure as an annual report which companies have to publish annually by law and follow GAAP and IFRS guidelinss when preparing.

  • Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years

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  • Their R&D costs seem alarmingly high, when the most 'innovative' things we've seen come out of Reddit in recent years have been canned features like their own cryptocurrency and RPAN.

    Other than that and Spez being paid a buttload in stock options...

  • Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years

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  • Earnings before interest, taxation, deprecation and amortisation. Interest is classed as other income and taxation is kinda self-explanatory.

    Depreciation is spreading the cost of a fixed asset over the course of its useful life. So let's say you spend $40,000 on a machine that you expect to keep for 20 years, and scrap for $1,000 at the end of its expected life. You depreciate it on the straight-line basis (meaning it goes down by a fixed amount each financial year, or depreciate it by $1,950 each year. Straight-line isn't the only form of depreciation. Cars for example go down on a reducing balance basis, meaning their value goes down by a lot more during the early years of their lifespan.

    Amortisation is like depreciation, but for long term loans and intangible assets (things like customer lists, patents, etc.)

  • Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years

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  • I work in financial reporting, so I have a decent idea of what makes up things like operating profit/loss and Adjusted EBITDA.

    This does not look good for Reddit and if the company only managed a $90.8m loss after jacking up API costs, nuking virtually every third-party client, backstabbing every power mod, giving alternatives like Lemmy and Kbin an actual user base and selling off user data to Google, then I fully expect things to get a lot worse on the site.

  • Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying

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  • I got an invite. Couldn't invest even if I wanted to because I'm not a US resident.

  • response to recent trends rule

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  • I mean it's hilarious that we pilloried Elon Musk for trying to sue someone for tracking his private jet with publicly available records and posting this online, but the same people are defending Taylor Swift for doing the same.

    I don't think it's a gender bias so much as it's a bias towards people we don't like.

  • Alexei Navalny: Putin critic dies after 'feeling unwell' and 'losing consciousness'

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  • So what's the verdict? Novichok? Polonium?

    This crap right here is why we need to keep Putin in check.

  • Canada declares Flipper Zero public enemy No. 1 in car-theft crackdown

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  • This is about more than just cars. Anything that uses RFID, NFC, etc, such as an employee badge or even contactless credit/debit card payments, are vulnerable to such an attack.

    Jason Thor Hall (ex-Blizzard employee) explains how such things can be used in social engineering attacks. A Proxmark is a similar device to the Flipper Zero.

    Regardless of whether it's open source hardware/technology, should we be authorising sales of such prebuilt devices for $170 which can allow the average Joe to break into an office or steal a car?

  • Sony is erasing digital libraries that were supposed to be accessible “forever”

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  • And with the unrelated rumours of Microsoft potentially leaving the console business and going multiplatform, it begs serious questions.

    Do you really want Sony to have a monopoly on console gaming when they can't even respect ownership rights for digital goods?

  • Google Search is losing its 'cached' web page feature

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  • This is the search engine equivalent of aiming a carbine at your feet and shooting yourself with a .50 cal round.

    Cached pages were something I found myself using quite a bit and them going may be the push needed for me to use an alternative search engine.

  • The man who owes Nintendo $14m: Gary Bowser and gaming’s most infamous piracy case

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  • People like Gary Bowser are the reason why we need copyright reform.

  • ‘We are dying slowly:’ Palestinians are eating grass and drinking polluted water as famine looms across Gaza

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  • Public opinion is definitely skewing more towards Palestine, at least here in Britain. Where I live, I genuinely saw a pro-Palestine march back in October attended by thousands, along with Palestinian flags waved everywhere around town. Haven't seen any Israeli flags or marchers by comparison, and I don't think that's out of fear.

    The only people I've seen genuinely throw support towards Israel have been Rishi Sunak and Keir Starmer.

  • Gen Z boys and men more likely than baby boomers to believe feminism harmful, says poll

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  • I can't say I'm surprised that people like Andrew Tate, Steven Crowder, Jordan Peterson and Ben Shapiro have gained quite the social media following. Society has failed a lot of young men, and the oligarchy that controls our world has a lot to answer for.

    Men are disproportionately affected by a lot of the socioeconomic issues currently plaguing the Western world because despite decades of progress towards creating an egalitarian society, men are the ones who are negatively impacted if they cannot provide. Look at the US and how judicial decisions on child custody and alimony are heavily favoured towards women as a very good example of this.

    And before you dispute me on this notion, can you offer any other explanation for why the biggest role model for a lot of teenage boys is some bloomy rind dick cheese who looks like a spitting image of the Stonks meme guy?

  • We are running out of time to build defences against Russia, warns Norway's commander in chief

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  • Norway has absolute Chadwicks in the form of Finland and. Sweden as buffers.

    Finland has experience in kicking Soviet ass.

  • Appeals court upholds ‘pharma bro’ Martin Shkreli lifetime ban from drug industry

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  • Shkreli legit looks like Emo Peter Parker from Spider-Man 3, and is somehow even more of a dick. Good riddance.

  • Amsterdam landlord ordered to lower rent for tiny, leaky room from €1,950 to €95 per month

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  • Based Netherlands.

    I live in Bristol. A shithole like that would probably cost you £1050 PCM.

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  • I'm hardstuck Iron, so I just get paired with morons and professional inters.

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  • The decision to push Vanguard upon League players is a baffling one, especially since hacking, scripting and botting are nowhere near as prominent in MOBA games.

    I can only see one potential upside to this and that is Riot being able to more effectively hardware ban serious rule breakers.

    My problem with Riot is that their Customer Support is almost Blizzard levels of shit.

  • Europe has been named as the best continent for digital nomads

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  • I'd actually argue against (at least Western and Northern) Europe for digital nomads, purely because you could move to somewhere in the developing world and live an incredibly comfortable lifestyle thanks to a much lower cost of living. Your mileage will vary based on what languages you speak, of course.