this post was submitted on 30 Jun 2023
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Reddit Migration
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Tech startups of all kinds are being devalued the last 12 months. The tech sector was always heavily based in speculation and so as the markets recoil, the tech sector was going to feel it the hardest. People have been predicting that for years, literally.
The reddit devaluation falls in line with all that, not really the migration at all. Guys I hate to be the bearer of bad news but Fidelity's valuation experts don't give one shit about the happiness of the users, and only give half a shit about the number of them -- which, that number comes from reddit themselves on a "trust me bro" basis, like the user counts of any service. Let me even go one step further: the louder you complain about reddit, the more important you make reddit look, the more valuable you make reddit to investors. You have to re-frame your thinking when considering markets like this: users are not customers, they're products. "Look at the reaction of all those users" is what this migration boils down to, to those valuation experts.
On the exact same note you can bet on the rising popularity of any given celebrity by the number of their detractors. See a new starlet getting hated on by everyone on Twitter? They're going to sell more albums because of it. Every time.
Edit: Just like the trolls, your best bet to change the landscape of social media is to ignore the bad actors, including the social medias themselves. Don't engage with them and don't advertise for them by talking about them. Kbin's second largest magazine is RedditMigration. You're defining this place by the continued existence of reddit. Guys: Move. On. Let it die.
What did Kevin Smith do??
Nothing. But Weinstein produced all his movies, and Weinstein makes money every time they stream. He owns the IP, not Smith. And more are in the works. All the while Smith is downplaying his association with the guy. That kind of thing happens all over. It's just people making opportunity out of catastrophe, a very time honored tradition in human society. The fact is Smith cares more about continuing to make his money playing the same character he has since the 90s - despite a sick, disgusting rapist profiting from it every time - shows just how out of touch with the way businesses and money works that most people are. When he goes on stage and calls Weinstein a rapist gargoyle and nods along with the crowd, keep all that in mind. He's still actively working to earn that gargoyle money because it earns Kevin Smith a lot of money as well.
We like to think we're the ones in touch with reality, but realities aren't mutually exclusive. When we say wealthy people live in a "different reality" we're not saying they live in something that isn't reality. It is. For them. Not us. And understanding that is key to empowering us to change those realities.
So any Miramax film made during Weinstein's tenure should be shunned. Got it.
https://en.wikipedia.org/wiki/List_of_Miramax_films -- So you know what all you're stating, he's every film they've been involved in.
Any time Weinstein's name shows up in a credit on a movie/tv, he gets a residual. His are probably forced to go to his victim fund. Smith is donating his residuals from that era to "Women in Film", voluntarily.
Miramax and Weinstein broke up BTW. Weinstein only holds the rights to Dogma, Miramax still owns the rest. Smiths' current production company is Lionsgate. While Lionsgate's subsidiary Spyglass bought most of the Weinstein Company catalog, they are not owned/operated by Weinstein.
People are multi-faceted. I believe Smith when he said he "didn't know THAT person" when speaking of Harvey. Smith probably viewed him the same way you would a priest. I'm certain that pedophile priests aren't acting all pedophily during Sunday Services. Again, you're logic is that we should burn down the church because a priest couldn't stop being hands-on with the altar boys.
Harvey Weinstein didn't create the characters or write the script. He didn't direct the movies. He wrote numbers and signed the check.
Show me anything stating that Weinstein owns more than Dogma.
Miramax produced the following:
October 11, 2002 Pokémon 4Ever
I guess that means that Ash needs to be held to account for Weinstein's transgressions, right?