Isn’t that what all the biggest bagholders thought?

How else do you explain anyone still holding a worthless NFT they spent thousands on?

How convenient.

You say it’s ridiculous to compare two equal companies with different backlogs, well it’s ridiculous to presume that they could have just produced $4.5b worth of product perfectly efficiently if they wanted to.

It’s just used to make the point that all other things being equal, some backlog is better than no backlog. You can invent all kinds of reasons why having a backlog is bad, but in any of those situations, if everything in the backlog was canceled at once that would probably be bad, right?

The demand curve for a business could be such that you sell 100 widgets and get $100 profit, sell 200 widgets get $101 profit. Why bother trying to sell more than 100 widgets?

Maybe you can sell 50 widgets and make $90, that sounds like a pretty good deal. Instead of making 50 more widgets you could do something else and make more than $10 profit in the same time.

The point of the exercise is not to suppose what other things could have been different to allow these two hypothetical companies to end up in the described state. The point is to actually freeze everything else, do not allow it to vary, and look at the backlog in isolation. Obviously such a situation would never actually arise. Even if things were trending in that direction, the two companies would very quickly diverge from ceteris paribus.

Obviously having a backlog is better than no backlog because unless you make a new sale tomorrow, you have a problem. You will have idle capital and labor resources. Which company do you think has easier access to credit?

Private equity is very much interested in the margins. That is one of the key differences between private and public companies. Public companies are under pressure to grow at all costs. PE would probably be satisfied to make half the profit and double the margin, especially if it also happens to position the company for a more favorable sale. Would you rather buy a business that's at 5 or 10% margin?

The depth of the backlog also happens to be a pretty decent proxy for how much competition there is the market. A deep backlog means there isn't another firm around to fill that demand. That makes your company look better.

Let's go a little left/up the funnel. Imagine two startups, all things equal, their sales funnel goes wide > qualified > sale. They consistently convert 5% of qualified leads into sales. Do you want to be the company that has zero qualified leads, or $4.5b of qualified leads?

A barely related ruling in the EU which has very different copyright and trademark law is being used as the basis for this suit.

“AI tools are great, but only if they actually help, rather than cause unnecessary pain and pointless make-believe work,” he wrote. “Feel free to use them, but use them in a way that is productive and makes for a better experience.”

So I think the closing remark from the register isn’t really appropriate given the context from the quotes they pulled.

The question is how long does it take for all the air in the plane to be replaced.

People may converge on a new node like forgejo, so from that point of view things are not decentralizing, the dependency graph stays roughly the same shape, but it’s a step in the right direction. It’s marginally better than github hosting everything.

That’s what I should have said originally instead of being an asshole.

>I moved my code from GitHub to a self-hosted Forgejo