Reddit: Should It Be a Non-Profit?

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Reddit is a for-profit, it has lots of investors, people wanna cash out. If you have any interest in running a true business, you cannot allow that to happen,. This is, you know, should Reddit just be like a Wikipedia? Should we just make this thing a non-profit, right? But clearly that's not the case. And fair enough, I guess that interesting, and you bought up zero interest rates, and this does feel like part of the phenomenon where you're not making a ton of money.

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.

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