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by vineyardmike 785 days ago
That said, it is pretty SV behavior to have one of your companies pay the other. A subtle wealth transfer from OpenAI/Microsoft to Reddit (and tbh other VC backed flailing companies) would totally make sense.

VC companies for years have been parroting “data is the new oil” while burning VC money like actual oil. Crazy to think that the latest VC backed companies with even more overhyped valuations suddenly need these older ones and the data they’ve hoarded.
1 comments
Eisenstein 785 days ago
> A subtle wealth transfer from OpenAI/Microsoft to Reddit (and tbh other VC backed flailing companies) would totally make sense.

That's the confusing part -- the person I responded to posited that they didn't pay reddit and thus couldn't use the data which is the only scenario that doesn't make sense to me.

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vineyardmike 785 days ago
I suppose a "data transfer" from Reddit to OAI would be valuable for SamA too? Still a transfer of value from one hand to the other, while others (eg. Google) have to pay.

That said, I wouldn't be surprised if they pay now. They can't get away with scraping as easily now that they are better-known and commercially incentivized.

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