I get it, but like I said, that’s ephemeral. Compare that to say Meta or alphabet with YouTube. They have distinct advantages in serving their content that prevents them from completely losing out. Then you’ve got Reddit, who pays hosts that could decide themselves to spin up a competing service pretty quickly and already isn’t profitable due to those harsh hosting costs and isn’t particularly stand out in its advertising business compared to those two.
These valuations on companies that use cloud hosting for delivering video like reddit does is fucking imaginary. Reddit does not have enough of it’s own infrastructure to justify a $15 billion valuation. It’s ephemeral in the end.
Playing with imaginary Legos to put together a rickety tower.
Edit: though on reflection, a systems approach to nursing the acutely ill is exactly the same but we’re maintaining “God’s” legacy code while we try to keep someone with kidney, heart, and lung problems functioning with judicious application of fluid management, drugs, and dialysis.
Maybe what we do is closer to Jenga.
You’re a burner.