6,552 karma · joined September 24, 2010
"Writer Cory Doctorow coined the neologism "enshittification" in November 2022, though he was not the first to describe and label the concept[1][2]. The American Dialect Society selected it as its 2023 Word of the Year. "
70-80% commission to AppSumo and up to 40% to affiliates sounds crazy if you want to fund growth from customer revenues. Sure it works if you have venture backing but totally self funded?
IBM's problems are worse.
Revenue: $12.83 billion vs. $12.94 billion expected, $110M under expectation, and revenue declined 1% year over year in the fiscal second quarter.
Why is this a punchline?
Because their core business, the Client Computing Group that makes PC chips contributed $7.41 billion in revenue, up 9% and right around the $7.42 billion consensus, so that part is doing fine.
But the Intel’s Data Center and Artificial Intelligence unit posted $3.05 billion in revenue. The result was down 3% and lower than the $3.14 billion StreetAccount consensus, which accounts for pretty much all of the decline in expectation.
The shortfall almost entirely is in the Data Center and AI Unit.
Bellweather?
Nothing is forcing people to use Teams, but they do. It can't solely be cause it's just bundled and free. People don't want to spend any effort to do better? Is the friction that high?
Meetup is awful in that they hold your group hostage and you have no way of moving your members, so if you decide no longer to run the Meetup one day, they will let you walk away, but anyone else can just step up and take over the group and do whatever they want. Even worse than Facebook groups.
You locked your bike to a toolshelf that contained the tool they used to steal the bike? That would be like putting jewelry behind a glass cabinet and putting a hammer next to it.
After running meetups for many years, even big ones, I realized it's not worth it, and I'll never do it again. The same goes for big events, such as conferences, etc. It takes even more work to run and organize those, not to mention the cost, and there's simply very little juice to squeeze.
Startups dont need OKRs for either performance or alignment and later stage companies that implement OKRs are in the beginning phase of stagnation and descent.
Also, can you recommend or refer the law firm that you used for the transaction paperwork?