Investing General Discussion

Rais said:

Im willing to bet the creditors are going to sit on the board and refinance the deal. They will lose too much if they go Ch 11.

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They've already gone through Chapter 11 once and became property of their creditors.

Well not everything.

RIP INTC

Sanrith Descartes said:

I honestly hate the shit. It allows kids to hid way too much shit from parents. And unless you get all your kids parents to agree to scrap it, you make your kid a pariah because it is the only chat app they use.

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Think about it this way.

Once you give your kid internet access, there are only two outcomes. Either:

Your kid is smart enough to evade whatever restrictions you place on their internet usage, making them pointless.

Or

They're not, and you now have to admit you have a stupid kid.

ShakyJake said:

Why the hell would that be a feature? Other than allowing the user to perform clearly mischievous stuff.

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This is the same as the "why do you need encryption if you have nothing to hide from the government?" argument.

aka a bad one.

ShakyJake said:

My point is, why would an app like that reach critical mass? I understand for niche purposes, but not something that would be a mass revenue generator. But looking at the stock, I guess, answers that question.

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For the same reason people were just complaining about the other big tech companies. In a market where everyone is stealing and selling your data, being inherently privacy focused is a niche.

It should be subscription-based, even if the subscription is cheap. That would make it way harder for kids to use it, and generate way more revenue.