• Welcome to DOSBODS

     

    DOSBODS is free of any advertising.

    Ads are annoying, and - increasingly - advertising companies limit free speech online. DOSBODS Forums are completely free to use. Please create a free account to be able to access all the features of the DOSBODS community. It only takes 20 seconds!

     

Sign in to follow this  
BBH

Snapchat loses 1 billion on Jenner tweet

Recommended Posts

When the economies of the world rebalance and tax credits, benefits and free money don't get thrown around, the companies that advertise on social media companies' platforms will come to realise that the 'followers' of nonentities, such as this fool, are not worth a brass razoo of expenditure, as they are completely potless and devoid of any skill to earn disposable income.

Edited by Bkkandrew
Pointless, potless, plotless - its all the same really!

Share this post


Link to post
Share on other sites

Most people, and I suggest everyone on here, who want a new pair of trainers will go to a discount store like Sports Direct and look for a reasonable pair for twenty quid.  Not a vast profit margin there so no point spending loads on advertising.

The vast profit margins are however made by persuading gullible halfwits that a pair of trainers with some embroidery are worth shelling out a hundred quid or, as per another thread, twenty thousand of Her Majesty's Pounds Sterling for a pretty box.

That market of gullible halfwits is like gold dust and retailers will pour loads into advertising their hugely overpriced wares to them because it pays.

To chase them down you need to go where they go and that's wherever ephemeral celebrities hang out online and that's what gets the big advertising revenue.

If whatever it was ? Snapchat ? WhatsApp is falling out of favour with one of these idiots' royalty then that is genuinely major bad news for its finances because the whole thing is built upon the credit cards of celeb obsessed mouth breathers.

They could probably tell you what this Kyle woman has had for her tea every night last week, but wouldn't be able to remember what they had themselves.

Share this post


Link to post
Share on other sites

I wonder if you wrote some software to take the tweets of the most followed twitter celebs, aggregate them in real time and mine them for company names or more subtle things, and were hence able to react quickly based on that info, could you make a few bob on the stock market.

Share this post


Link to post
Share on other sites
5 minutes ago, JoeDavola said:

I wonder if you wrote some software to take the tweets of the most followed twitter celebs, aggregate them in real time and mine them for company names or more subtle things, and were hence able to react quickly based on that info, could you make a few bob on the stock market.

Already being done to some extent. A mate was telling me about his City company using Twitter data a few years ago, in order to react first to breaking news. 

I suppose the difficulty is understanding what will move the market and what won't. Particularly when it comes to vacuous shit like the above

Share this post


Link to post
Share on other sites
11 minutes ago, JoeDavola said:

I wonder if you wrote some software to take the tweets of the most followed twitter celebs, aggregate them in real time and mine them for company names or more subtle things, and were hence able to react quickly based on that info, could you make a few bob on the stock market.

Probably not going to be very reliable because I imagine the insiders take the positions out before the Tweets are published.

Share this post


Link to post
Share on other sites

Build an empire who's foundations are built on flighty halfwits then don't be surprised when you're caught out by a halfwit being flighty.

I'm not sure I believe the numbers lost purely because I don't think these businesses are worth half of what they claim to be. I read a while back that Facebook was worth somewhere in the region of 100 USD per user.

Really?

It's like the dotcom bubble all over again.

Share this post


Link to post
Share on other sites
46 minutes ago, Frank Hovis said:

The vast profit margins are however made by persuading gullible halfwits that a pair of trainers with some embroidery are worth shelling out a hundred quid or, as per another thread, twenty thousand of Her Majesty's Pounds Sterling for a pretty box.

These doofuses have somehow managed to accumulate twenty grand in the first place though so they can't be that helpless.

Share this post


Link to post
Share on other sites
10 minutes ago, Sgt Hartman said:

Build an empire who's foundations are built on flighty halfwits then don't be surprised when you're caught out by a halfwit being flighty.

I'm not sure I believe the numbers lost purely because I don't think these businesses are worth half of what they claim to be. I read a while back that Facebook was worth somewhere in the region of 100 USD per user.

Really?

It's like the dotcom bubble all over again.

It's easy to get to these values in a low interest rate environment.

Say Facebook makes $2 in advertising revenue per user per year then as you get a 2% return from having $100 on deposit then we can say that each user is effectively "worth" $100.

I have myself been required to come up with similar "enterprise values" and know that it easy to come up with, and justify, huge numbers.  You just need to assume long term low interest rates combined with reasonable yet uneasonably consistent growth figures.  Take that out to thirty years and discount it back at a low rate similar to the interest rate et voila you have a stonking value of your revenue stream.  Just try finding someone to buy it off you for that.

 

2 minutes ago, eight said:

These doofuses have somehow managed to accumulate twenty grand in the first place though so they can't be that helpless.

The pretty box was parents' money IIRC.  I think it was someone one of @Cunning Plankid's knew.

Edited by Frank Hovis

Share this post


Link to post
Share on other sites
1 minute ago, eight said:

These doofuses have somehow managed to accumulate twenty grand in the first place though so they can't be that helpless.

That's the bit that confuses me. Some of the daftest people I have ever met have also been some of the most well off. Admittedly a few were landed gentry but not all of them.

Maybe they specialised.

Share this post


Link to post
Share on other sites
Just now, Sgt Hartman said:

That's the bit that confuses me. Some of the daftest people I have ever met have also been some of the most well off. Admittedly a few were landed gentry but not all of them.

Maybe they specialised.

I've met a fair few very successful people who happen to have lucked into a career / business at the right time or attached themselves to a genuinely talented person and followed them (like Coax with Forsyth).  Fof went into estate agency in London in the 90s when it was a rubbish job that no-one wanted; they got by for a few years but then the prices took off and they became seriously rich on the commission.   Another fof is an IT guy who attached himself to a seriously good director and has repeatedly moved companies with him getting a good pay rise every time.

Share this post


Link to post
Share on other sites
5 minutes ago, Sgt Hartman said:

That's the bit that confuses me. Some of the daftest people I have ever met have also been some of the most well off. Admittedly a few were landed gentry but not all of them.

Maybe they specialised.

Can't speak for the people you know, but in my experience they are not well off at all. All done on credit, it will eventually catch up with them. For some it won't, but it will most of them. 

In my friends group there is one couple that on the surface would look considerably better off than the rest of us. However when you know their circumstances they are up to their eyeballs in debt with no means to pay it off. Their grand plan was wait for his mother to die, but they have now had a massive falling out and he is written out of the will. 

That sounds like jealousy, it's not racking up massive debt might well have been the sensible thing to do over the last 20 years, but it really wouldn't be the sort of thing I'd have been comfortable doing. 

Share this post


Link to post
Share on other sites
Just now, gilf said:

Can't speak for the people you know, but in my experience they are not well off at all. All done on credit, it will eventually catch up with them. For some it won't, but it will most of them. 

In my friends group there is one couple that on the surface would look considerably better off than the rest of us. However when you know their circumstances they are up to their eyeballs in debt with no means to pay it off. Their grand plan was wait for his mother to die, but they have now had a massive falling out and he is written out of the will. 

That sounds like jealousy, it's not racking up massive debt might well have been the sensible thing to do over the last 20 years, but it really wouldn't be the sort of thing I'd have been comfortable doing. 

You often read, and I'm sure I have written them myself, people on here and ToS saying that they regret being financially sensible when they could have been financially reckless and actually been in a better position.  I genuinely don't think that's the case.  The people of whom we were jealous, who took out stupid mortgages in the late 90s / early 00s to buy houses and then became paper millionaires with flash cars on the drive will have been MEWing and spending even more because of that feeling of wealth and living up to the image.  They will look wealthy but their net worth will be very low indeed.  Whereas a sensible person will know that it is irrelevant what their house is "worth"; what really matters is what it costs to tax, run, and maintain.

Share this post


Link to post
Share on other sites
7 minutes ago, Frank Hovis said:

You often read, and I'm sure I have written them myself, people on here and ToS saying that they regret being financially sensible when they could have been financially reckless and actually been in a better position.  I genuinely don't think that's the case.  The people of whom we were jealous, who took out stupid mortgages in the late 90s / early 00s to buy houses and then became paper millionaires with flash cars on the drive will have been MEWing and spending even more because of that feeling of wealth and living up to the image.  They will look wealthy but their net worth will be very low indeed.  Whereas a sensible person will know that it is irrelevant what their house is "worth"; what really matters is what it costs to tax, run, and maintain.

They're ahead of the game if you both die tomorrow though.

Share this post


Link to post
Share on other sites
2 minutes ago, eight said:

They're ahead of the game if you both die tomorrow though.

Sure, if you view life as being about the temporary ownership of expensive possessions.

I don't have a Ferrari because I don't want a Ferrari; not because I can't afford it.

Share this post


Link to post
Share on other sites
1 hour ago, Bkkandrew said:

When the economies of the world rebalance and tax credits, benefits and free money don't get thrown around, the companies that advertise on social media companies' platforms will come to realise that the 'followers' of nonentities, such as this fool, are not worth a brass razoo of expenditure, as they are completely potless and devoid of any skill to earn disposable income.

Unlikely. The only way that would happen is if western governments flooded their countries with millions of immigrants to the point that welfare systems collapsed under the strain.

Oh wait, hang on....

Share this post


Link to post
Share on other sites
11 hours ago, Frank Hovis said:

That market of gullible halfwits is like gold dust

There was an article where they spoke to Nigerian email scammers and the point was made that the emails were so badly crafted that only the most gullible halfwits would reply, and the Nigerias pointed out these were the exact people they wanted to attract.

So things that may seem illogical to any sane, right thinking person, may make perfect sense in the alternate reality of the gullible.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.