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RE: Hulu - Another Of Wall Street's Overvalued, Worthless Money-Bonfires (See: Netflix, Tesla)

in #investing8 years ago

It's actually kind of like the userbase here who uses bid-bots, in the aggregate they burn cash in an attempt to retain customers, the customers/viewers/upvoters are all fickle with no loyalty to a brand and once the bids dry up they're left with 0 organic growth.

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There are other classes of votebots on Steemit, which don't take SBD from public sources for their votes. One of them is @blacklist-a, which causes those bots to no longer support blacklisted accounts.

I reckon this is a better metaphor for media corporations supported by compensation from propagandists, which is not public.

Thanks!