scotcha1
"I believe there will be multiple business casualties in the paid streaming wars and a few (3) business victors. The companies that get to the other side of the river will earn 300 million global subscribers at an average of $15 of revenue per month between advertising + sub fees. The 3 companies that get to scale are each likely to generate $10B/yr in cash flow from their streaming services, far greater than what most entertainment companies have ever generated per year. For these precious few, the considerable streaming investment will be well worth it"
1) SBF cared about traditional rules of banking/finance
2) SBF cares about doing things the 'right way'
He may have been doing it purposefully wrong, or he may have just wanted to do it as fast as possible ("Move Fast and Break Things") and so he skipped the requesite steps to get to what he wanted done, faster.
Not a justification for his actions, but simply why he may have done it
but i don't know if everyone will have that same ability.
It almost feels like a 'home gym' vs a 'gym membership' scenario. Upfront cost for a home gym is quite expensive, whereas the gym membership is spent over time.
All-in you may spend a lot more on the gym membership, but because you eat it over time, it feels better to a certain population of people
some examples:
https://github.com/carlsednaoui/ouibounce
https://www.hubspot.com/products/marketing/exit-intent
i like how this page describes them more as 'needy' than 'dark', since dark seems to imply immoral
a facetime call with my wife does require video, because it's a facetime call. i want to see her.
my kids school remote calls do require video because their teachers require video on. they do this because kids from ages 6-18 may not actually be paying attention in class, so the hardware camera is used to help the teacher.
if you were to look on youtube for walkthroughs of products, or twitch streams, you'll frequently see front facing cameras added to videos because people do actually like, enjoy, and find value (you can follow along to voice/face/emotion) in them
And 30 minutes is a pretty short period to get a representative sample of a service used by billions for many different activities (messaging, video calls, hobby groups, marketplace). The 'feed' that you scroll through is definitely a mixed bag, but Facebook has added focus to more specific and niche apps over time.
For my family we use Facebook because it is cross platform (25 people, several with Android, most with iPhone, and some that like to use it by web), everyone already has an account (ages from 25 to 65), and the quality of the service is high and consistent for both messages and video calls. We frequently do a video call with all members of the family across many devices and 'it just works'.}
Also, meeting in person hasn't really been 'allowed' in almost a year. #covid19
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