Reddit is trying to go public. The ad tech business is hurting. They're trying to find other revenue streams. So they change their API pricing. And the thing I think where people are a little bit upset was the terms that they didn't. You got to make money, right? But they basically said you have 30 days. To abide by the new API pricing. That just kind of gives like 50,000 full levels and it's not going to work. It sounds like they have gone dark before in the past.
The NIA boys discuss the Reddit Protest, Messi's MLS Contract, Jurassic Park 30th Anniversary and much more.
Timestamps:
(00:00:00) - Intro
(00:06:20) - Reddit Protest Overview
(00:08:11) - Why Reddit Changed Their API Policy
(00:13:09) - The Power of Mods on Reddit
(00:17:18) - Reddit's Incentive Structure
(00:19:46) - Will the Protest be Successful?
(00:21:38) - Meme of the Week
(00:22:42) - The Global Football (Soccer) Landscape
(00:31:17) - Messi to the MLS
(00:33:57) - The Messi Effect
(00:35:18) - The Messi Deal Breakdown
(00:47:08) - Why the Messi Deal is a 1-of-1
(00:50:21) - The Importance of America in Entertainment
(00:54:00) - Jurassic Park 30th Anniversary
(00:57:26) - The Legacy of Jurassic Park's CGI
(01:00:14) - Steven Spielberg's Net Worth is $8 Billion
What Is Not Investment Advice?
Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.