In the recent interview given to Tesla owners Silicon Valley, Steve Davis talked about the need for atleast 6 boring machines and maybe 8 boring machines to compete the project.
I don’t know how they are planning to use 8 machines for a 23 mile project. Would be curious if people have thoughts about it ?
This is the 3rd boring machine shipping to Nashville this year. Another one by the end of the year. Total 4 machines by the end of the year.
It is very encouraging to hear they are around $5M for hard rock aka Nashville. Hopefully in a couple of years they will bring down the cost for Vegas too
Chris asks a lot of questions that you hear on this sub and Steve Davis answers them enthusiastically and directly
Seeking opinions and other discussion items around this. Nashville and Las Vegas have similar projects going on where they spend no money from tax payer.
Project connect increases Austin city property taxes by 20% for every home owner. This roughly comes to a 500 dollar increase in taxes every year for every homeowner in Austin.
What is the cost to rent the space and other expenses ?
We finally have some information from X about its revenue. Although it didn’t break out details completely, based on the details present in the prospectus, we can assume the ad revenue is 500-550 million.
This is lower than reddits ad’s revenue of 630 million. They said they lost the revenue due to an advertising platform rewrite.
What makes Reddit so uniquely compelling to short even when it trades at just 23 times forward PE. This is lower than how the overall market trades at. I can understand shorting at 30 times forward PE but not at 23 times forward PE.
I see the uptick of duplicate Reddit groups of important cities making sure everyone’s voice is heard. This is how Reddit can grow to 100 million DAU in US.
Is there someone here who is in advertising that can maybe give a breakdown what maybe happening with Reddit ad business and why it is exploding at an unprecedented rate.
This didn’t happen with other companies like old Twitter, Snapchat and Pins. Yes, all of them have more revenue today but they didn’t explode like Reddit is exploding in ad revenue.
Is it because Reddit has better ad products ?
The volume of views Reddit has matter (top 10 in world) ?
Contributions of small businesses advertising increased now ?
Interested in hearing different dimensions and what your experience has been as an ad manager.