Join Platy’S Readwise Highlights
A batch of the best highlights from what Platy's read, .
The coolhunters each had their own way of finding hits. Every morning, Harper scoured a list she’d assembled of blogs and internet arcana, searching for interesting videos. When she found ones worth putting on the homepage, she would add them to YouTube’s “Featured Videos” banner, which stacked small frames of videos in a column of 10. Her team swapped these slots every four hours, giving YouTubers behind the videos they selected a guaranteed cascade of views.
Just a Few People Crowned Some of YouTube’s Earliest Hits
Mark Bergen
News organizations are increasingly moving from being a primary source of information to being a source of validation of already-consumed news. With the presence of multiple media players, one of them is bound to validate your version of the consumed information, making the rest of the organizations seem misguided. Hence the emergence of the post-news world and the general erosion of trust in journalism and journalists across the globe.
Can journalism survive in a post-news world?
niemanlab.org
If this sounds familiar, it is broadly similar to the trade that Bed Bath & Beyond Inc. did earlier this year to sell stock. In each case, there is a weird instrument that looks like a convertible security, and a big “investor” who is buying most or all of it. But in each case, the buyer is not really set up to be a long-term investor in the company: The investor is getting the stock in installments, at a discount to market value, and selling each installment to retail investors on the stock exchange. And the investor is getting paid a nice fee for structuring the trade, giving the company the money upfront, and generally obscuring what is happening. “We are selling $365 million of stock to retail investors to raise $300 million” just sounds less good than “we are selling a $340 million convertible with a 30% conversion premium to a big investor.”
A Stock Fund That Can’t Go Down - Bloomberg
archive.is
...catch up on these, and many more highlights
Readwise