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Cake day: June 30th, 2023

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  • This article doesn’t specify, but based on the previous 25% offer, I’m guessing this new and improved proposal is also structured over four years.

    New information to me is that the union initially sought a 40% increase. Kind of silly to think that when 90% of your workers decline an offer - any offer - that adding an extra few percent will get you an agreement.

    I wrote this before when the union declined the 25% bump, but it bears repeating:

    If Boeing were to pay the 40% the union is looking for upon returning to work, and committed to annual salary increases that were double whatever inflation is moving forward, they would have 32,000 employees that would never strike the rest of their careers.






  • Thanks for pointing that out. I’d missed the last line on my first read of it somehow.

    Additionally, 1/3 of the revenue from any subscriber is allocated to the creator responsible for bringing in that subscriber.

    This reads to me like this is the purpose of going to a creator specific link when initially signing up. For example, if you go to nebula.tv and sign up from their main page, no specific creator gets that 33% cut of your revenue. Alternatively, if you see a YouTube video where a creator talks about their content also being on Nebula, they ask you not to go to the platforms main page, but specifically to nebula.tv/zagorath to sign up. If I went to that link and signed up, you would get 33% of my subscription revenue.

    To me, this opens another question of what is this the term of this 33% cut. I doubt it’s a cut of the revenue for so long as my subscription is active. I’d imagine it’s more likely a cut of whatever the initial payment is, be it a single month’s subscription fee or a full year.




  • I wear a set of these every day, for hours at a time. I started writing what I thought would be a concise comment that turned out to be not concise. I tried to break it up because no one likes a wall of text.

    Shokz customer service and hardware quality:

    I got my first headset, the Trekz Titanium model, from them in 2016 before they rebranded to ‘Shokz’. The company replaced them twice under warranty. The third pair held up until I broke them in 2022, and I ordered the new OpenRun Pro model.

    This new headset is significantly lighter, and lasts longer than the original version I had. Obviously they’ll only get better in five years, but I’d say there’s no need to wait. The quality is there. Honestly, I’m surprised they don’t charge more for them.

    My usage and experience:

    They focus a lot of their marketing on athleticism, which is probably the number one use case for most people. That said, I use them both when I drive and when I work to take calls, as it’s clearer both for me and the person I’m speaking to than other, single ear, headsets I’ve used before.

    As far as music quality, it is a Bluetooth headset so audiophile fidelity can’t be expected, but I like them since at mid volume they won’t bleed sound to other people yet I can still exchange a few words with someone without having to pause anything and slow down a brief chat.

    If you’re a podcast listener, these things are fantastic. I listen to about two hours of spoken word content each day, and I couldn’t wear in ear or over ear headphones for that long. That’s just preference though.

    Charging:

    A change Shokz made at some point was to move from a micro usb charger to a magnetic one. It’s fantastic. I have a cable affixed in place on my dresser and my desk, and it’s as simply as Apple’s Magsafe charging system if you’re familiar with that. I just put the headset down and it’s charging - don’t even need to turn it off.

    It also recharges in maybe twenty minutes, which for something that lasts me all day every day, is pretty great.

    To sum up, I’ll be buying another pair when my current ones kick the bucket, and another after that.







  • While the company admitted no wrongdoing, it must pay $1.7 million in civil penalties, as well as $277,251 to cover investigation costs as well as to “support future enforcement of consumer protection laws.”

    Why is it we allow these companies to pretend they did no evil? The penalty should have been a couple orders of magnitude higher, and they should have had to admit what they did. Obviously we don’t live in a world where both those things would happen, but we don’t even get one of them?

    They surely made more than two million doing this and so the fine is meaningless. The real way to make it meaningful would be to force the admission of guilt, and then use the admission as justification to stop them from buying out the competition for 18 billion dollars.

    Look how they deceived their customers, good thing they can do it to even more customers now!


  • It would be nice to see a standard contract, but I can’t blame them for keeping it under wraps. Unless it’s unreasonably lucrative, there’s no benefit to having it out there I can see.

    My thoughts on your questions:
    • I would assume it’s by watch time to some degree. Either overall views, or number of minutes watched. Though the latter would put shorter content / infrequent creators at a significant disadvantage.

    • I know it’s a progressive platform, but I feel like cashing out your equity in any situation other than a sale is probably not a possibility.

    • If there were, say, a single board seat available that represented the creators, and they could all vote on decision making, they probably would use this in their marketing. It sounds too good to be true, so it’s likely to me they don’t have any real governance input.

    Specifically when it comes to the creator pool, being their 50% of subscriptions after costs, I do wonder what that looks like. It occurs to me that it must be number of views, as I mentioned above. However this opens the question of how they determine the distribution.

    If it’s simply by ranking view counts for the month across the platform, that means the largest creators that I don’t watch are getting a fraction of my subscription fee. Not the worst way to do it, but probably is the easiest from a technical perspective.

    An idealistic approach may be if Nebula looked at the specific channels I watch on the platform, and divvy my subscription money amongst them, ranked by view count. This way, the channels people watch would be directly supported by my viewership, instead of the platform as a whole. Doing so would be better for the lower view count creators, but worse for the high view count creators.

    I’ve not found any definitive answer to how the pool is cut up, but I’m not confident it’s the latter option I described.

    Maybe someone will leak their contract at some point. Otherwise we may never know.


  • Wasn’t too long ago I was having a chat with someone about the ownership issue with Nebula. I never even looked into Curiosity Stream, as I assumed they were private like Nebula. Good idea to get confirmation on some of these things.

    Key takeaways from Curiosity Streams financials:
    • The initial $6 million was for 12% ownership
    • They had offered enough stock for a potential ownership of 25%. (that’s the additional 6.5 million from the Form D)
    • Standard Broadcast owned 100% of Nebula prior to this investment
    • Curiosity Stream controls 25% of Nebula’s board
    From this we can infer:
    • Nebula was valued at exactly $50 million, not over
    • Nebula has 4 board members
    • The creators directly own 0% of Nebula

    Later in the article it’s shown that the creators are given “shadow equity”. This can be thought of, presumably, as a contract directing proceeds of subscriptions - and potentially a sale - go half to the creators in the form of a pool.

    Obviously this is a hit to the company’s primary marketing method, being that Nebula is a platform owned by the creators. This is either a lie, or a tongue in cheek way of being honest, seeing as the owners of Standard are also content creators.

    Regardless it’s annoying this information has been drummed up by Nebula to be complicated or not public, when it is neither complicated nor private seeing it’s in Curiosity Stream’s publicly available information.

    Kind of sours me on Nebula to be honest.