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dested · 4 years ago
I always thought Microsoft would be a natural buyer given the tech stack and Microsoft's support for developers.

Unrelated story, I have a day one Stack Overflow account. I don't remember how I found it but I'm sure it was posted on digg or slashdot or something at the time. I had a lot of posts in the first few years about some generally broad concepts, and completely inactive since.

In spite of this, I am in the top 7% of accounts on the site, which is a nice reminder on the power of compound interest!

couchdb_ouchdb · 4 years ago
Same for me. Day 1. I'm user 25 on the site as I listened to the podcast about them making it. Just for answering a few questions early I'm in the top 0.76% overall.

https://stackoverflow.com/users/25/codingwithoutcomments

pan69 · 4 years ago
I loved listening to the Stack Overflow podcast with Jeff and Joel. It was kinda crazy that they were doing a podcast like that while they (Jeff mostly) were building it and coming up with the name, etc. Still have all the mp3's somewhere.

Edit: I'm in the top 2%. Most of my rep. comes from interest earned on questions/answers I posted very early on.

teen · 4 years ago
Ha, I'm user 26! So funny: https://stackoverflow.com/users/26/shawn
yawn · 4 years ago
I miss that podcast. The 2 of them disagreed on some technical things, which made it more interesting. Listening to them all the way to success was pretty cool.

Is there anything else out there like it?

EDIT: People mentioning that they could remember where they were when they listened to the podcast makes me remember where I was when they had Jason Calacanis on the show who informed them that they were sitting on a gold mine.

belter · 4 years ago
Do top contributors get compensated financially ? This is a question that is burning me out of curiosity...

Do not get me wrong, I understand the whole point of giving back to a community, selfishly helping others and all that. But lets get a simple example: For example the famous Jon Skeet. https://stackoverflow.com/users/22656/jon-skeet

Based on the account statistics this user is a member as of today, for 12 years and 8 months. So a total of 152 months. Again according to the site statistics, Jon Skeet provided so far 35,254 answers.

Making some assumptions of continuous linear work, :-) this user in the last almost 13 years, provided an average of 232 answers PER MONTH,non-stop for the last 13 years.

That is an average of almost 8 answers PER DAY non stop, 13 years in row, while having a job at Google ( per the site account details ...) maybe a family, side interests ? etc ...

Assuming the mythical Jon Skeet, is not a team of 200 engineers at Google :-) I want to understand how a person who provides EIGHT well researched developer related answers PER DAY, non stop, for 13 years, feels about the site founders making 2 Billion while this user ( again...presumably...) gets a pat in the back and "reputation " ?

lylo · 4 years ago
I loved this podcast. It came about when we were a year into our first startup (freeagent.com if you wondered) and it was really influential. I loved Spolsky and he was a major influence, and we ended up colocating our infra on our own hardware for 10 years and I can attribute a lot of my faith in that strategy to some of these early discussions! Worked out very well indeed.

We’re now on AWS, go figure ;-)

city41 · 4 years ago
I'm in the top 0.35%. For a while around 2010ish I was answering a lot of questions. I've barely even logged in in many years. I don't think the percentile is very useful. SO always tried so hard to find a way to assess devs and hopefully use that to spin up the jobs board side of the business, but I feel like despite a lot of effort it just never quite happened.
fredsmith42 · 4 years ago
How much of the billion dollars will you get?
softblush · 4 years ago
I was active for maybe 1 year on SO. Account is dormant ever since. Your answer prompted me to check. Still in the top 0.02%
tootie · 4 years ago
I joined maybe within the first year or so and answered one fundamental javascript question which has earned me dividends for many years. I'm top 11% without having even looked at my profile in at least 5 years. Best part is that my answer was slightly wrong and had to be corrected by a comment.
buu700 · 4 years ago
Interesting. I've barely posted/commented — in particular I've only made seven posts since 2012 (and zero since 2018) — but I guess because signed up in 2010 I'm in the top 17% of users.

Nothing to brag about, but it's definitely higher than I would've expected. The required mental model is different from what I'm used to HN/reddit — rather than posts going stale and/or getting archived, Stack Exchange and Quora are more like social wikis. Writing a popular early answer that happens to remain relevant over time is like writing a high-profile Wikipedia article and then collecting karma on it indefinitely.

DavidSJ · 4 years ago
By contrast, I have the 639th Reddit account and I don’t seem to be anywhere close to the top percentile in karma.
nanis · 4 years ago
Hmmmm ... Waited almost the gestation period of a human baby before I joined, mostly to raise the quality and quantity of Perl answers. Haven't been very active recently.

As user 100,754, I am ranked in the top 0.12%, current #830 based on 2,139 answers and 33 questions

https://stackoverflow.com/users/100754

Some of my useful answers get no upvotes: https://stackoverflow.com/a/18162345/100754

And some just keep accumulating :-)

https://stackoverflow.com/a/1763683/100754

Now, if you look on the ranking pages, you'll see the following table:

    Total Rep*       Users
    -----------------------
    100,000+   |      1,007
     50,000+   |      2,879
     25,000+   |      7,533
     10,000+   |     23,325
      5,000+   |     50,374
      3,000+   |     85,384
      2,000+   |    125,638
      1,000+   |    229,491
        500+   |    398,573
        200+   |    675,767
          1+   | 14,875,253
So, the site has 14+ million users with no real activity and the percentile ranking is based on users with 200+ points.

zerocrates · 4 years ago
The compression of the top end of the ranking among active/once-active users is pretty extreme (or rather, I guess it's probably more a factor of just how many people are at the low end of the scale): I have around 1/4 your reputation but that's still good for "top 0.91% overall".

I have a similar experience though, I haven't been active for many years, and have a handful of very simple answers to common problems that still make the reputation graph pretty linear.

dorgo · 4 years ago
>So, the site has 14+ million users with no real activity and the percentile ranking is based on users with 200+ points.

Maybe there more people like me who create an account just to do one thing. And the next time they create a new account?

waydowntogo · 4 years ago
I was there a few months and I had 20-30 points. I left because of grammar nazis.

My point is the no real activity is bad intepretion of this chart.

lordnacho · 4 years ago
Something about how mean people are with voting keeps it this way. It's just very hard to get a vote at all. I happened to get a gold badge today for 10k views on an old question. Of those 10k people 17 decided to upvote.
gk1 · 4 years ago
Possibly related: SO requires you reach some number of upvotes before you yourself can upvote. When I use SO and try to upvote a useful answer I'm always reminded that I don't have the privilege of upvoting.
ritchiea · 4 years ago
I suspect it's because so many people use SO for work. When I'm at work I'm not thinking about being a good SO user and upvoting a good question or answer, I'm focused on getting my answer and getting back into the flow of my work.

On the other hand if I'm casually browsing twitter or instagram I'll gladly like posts that are interesting and there's no cost because it's recreation time.

gus_massa · 4 years ago
As a rule of thumb here in HN, the number of visits of a post is like upvotes*100+50. There are a lot of lurkers.

[In particular, I don't have an account in SO.]

mr_toad · 4 years ago
I wonder how many of those 10,000 views were from logged in users? I’m guessing there are a lot of people who use Stack Overflow without ever creating an account.
skinnymuch · 4 years ago
Not completely true. I’m active on SO and other stack exchange sites as a consumer and bookmark tons of questions. They sync with https://Larder.io for me too. I can’t upvote though.
MrFantastic · 4 years ago
It's gotten brutal. I was learning a new language last year and all my posts were downvoted out of the que.
throwaway894345 · 4 years ago
It looks like GitHub Discussions is sort of filling a similar niche--I'm guessing they're banking on being able to build that out for less than $1B--since they already have GitHub, they don't benefit as much from the StackOverflow user network / brand. I think that makes sense.
zaptrem · 4 years ago
Easy to build out the platform, difficult to build out the knowledge base (especially since so many areas have already been covered on SO)
skohan · 4 years ago
I'm actually glad MS would not also own SO. Github has been basically fine under MS ownership so far, but it seems like we're headed into a period of massive corporate consolidation, and I'd be happy if not all the developer tools are controlled by one interested party
human · 4 years ago
I totally agree with you. Legislators should watch out for too much power consolidation here.
TylerH · 4 years ago
The vast majority of users never post an answer or a question, and most of those that post only once or twice never get upvoted (or get downvoted more than upvoted), so their reputation stays at 1.

I think they said a couple years ago that over 50 or 60% of registered users have 1 reputation.

usrusr · 4 years ago
After all those years of being merely a reader I felt like transitioning from reader to contributor recently and the amount of roadblocks you get at reputation one is simply too much. There's an answer you think could become more useful with your comment warning of a pitfall to be aware of? Sorry kid, no can do, you need to grind away with top level answers before you can spread you finite wisdom in the small print. This level of gamification puts the subset of contributing users through a heavy self-selection filter and I would expect that the subset that makes through would turn out far worse (spammy, eager to game the system) than what we see. Have the thresholds always been this high or did the walls grow higher over time?
caturopath · 4 years ago
I played Stack Overflow years ago and have a ~0.3% ranked account, despite not really posting in years. It's amazing how little the ranking seems to have changed in the last 10 years, wavering around in the top half percent whenever I've peeked. I don't know whether the number is dishonest, or whether the new stars and new signups just happen to hold it in status, never sending it to 0.03% or 3%.
jrockway · 4 years ago
Same. I think what happened is that the early users answered all the most frequently occurring questions, and the questions honestly haven't changed much. I think my most popular answer is like how to diff with git. People are using git even more than they were when SO started, so it gets upvoted regularly.
chrismorgan · 4 years ago
Same. “Top N%” looks to just use score, and momentum on old answers is a big deal. I’m top 0.24%, with my score having increased by about 50% (25,000) in the last 3½ years (as far as their little chart shows), overwhelmingly because of momentum on old answers from 2010–2015—for during that time I’ve only made a handful of edits, three question, and six answers, three of which were for my own three questions.
irrational · 4 years ago
Ironically I was one of the first ones too but never really participated since I didn’t think the site would actually have lasting power. Never ask me to pick the winning horse.

Same thing with Bitcoin. I knew about it from the first day, but never mined any since it was such a dumb idea. Face palm.

soperj · 4 years ago
What are some esoteric things that you think are stupid right now? Asking for a friend.
Loveaway · 4 years ago
Mined about 100 on some old Radeon. Sold them at $30, because I thought they peaked. Trying not to think about that too much:)
tharne · 4 years ago
Don't be too hard on yourself, it's next to impossible to guess which things are going to be transformational and which aren't. Look at some of the early early emails from Linus Torvalds on linux. In his mind the original linux kernel was just a cool toy that other devs could play around with. He invented linux and even he never saw it becoming the OS of practically the entire internet.
EMM_386 · 4 years ago
> In spite of this, I am in the top 7% of accounts on the site, which is a nice reminder on the power of compound interest!

That's how I'm in the top 5%.

My old posts that are still relevant get votes. Every time I log in there is a new notification about how many more points I have.

Macha · 4 years ago
Yeah, top 3% for stuff like being the first person to ask about terminal colour codes and explain typedef.

Hard to see that many new questions with such broad appeal that weren't already asked or answered for any new users to get their rep as easily

surfearth · 4 years ago
In 2013, I asked a question that I then answered myself. It turned out to be a fairly common question and my response now has more than 101k views.

It's remarkable as perhaps the lowest effort/highest benefit to others online action in my life.

benschulz · 4 years ago
> In spite of this, I am in the top 7% of accounts on the site, which is a nice reminder on the power of compound interest!

I'm also in the top 7%. That's down from 12% or so from five years ago. However, I haven't gained many points during the same interval. That leads me to believe it's not about compound interest but new users joining.

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lordnacho · 4 years ago
Same here, also 7%. But I benefited from a recalc of the question vs answer points. You might have as well?
JadeNB · 4 years ago
> I'm also in the top 7%. That's down from 12% or so from five years ago.

Isn't being in the top 7% up, not down, from being only in the top 12%?

iSnow · 4 years ago
It's relatively easy if you really take the time to answer questions.

Around 2016, I wanted to get deeper into some tech and used the learning curve to answer SO questions. I basically stopped the same year, but I am still in the top 8%, used to be top 1% for a couple of months.

Contribution rate must be an extremely uneven distribution.

alpaca128 · 4 years ago
> Contribution rate must be an extremely uneven distribution.

Probably another case of the 1% rule[0].

[0] https://en.wikipedia.org/wiki/1%25_rule_(Internet_culture)

Qem · 4 years ago
*power of compound interest + first mover advantage. If you're the first to ask a silly question that is a common stumbling block for beginners, you're bound to get a steady stream of reputation for life. There's diminishing returns for those arriving later, as low hanging fruit are depleted. For example, see https://stackoverflow.com/q/927358
mythz · 4 years ago
> In spite of this, I am in the top 7% of accounts on the site

This isn't hard since the majority of people are just browsing the site instead of contributing to it, e.g. I'm in top 0.09% from just answering support questions for our product from a minority of users who prefer asking on StackOverflow instead of our Customer Forums.

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astrojams · 4 years ago
I asked a question on math.stackexchange 8 years ago and that question got really popular and now I'm in the top 34% ranking of folks on the Math site. I don't really know a lot about math but people really like the TREE(3) function.
incanus77 · 4 years ago
Similarly, I answered a few hundred questions some years back when I was running mobile at Mapbox and they were growing, and now I’m in the top 8% despite not doing much the past five years. Interesting.

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andrewljohnson · 4 years ago
Top 3% for me, I guess on the strength of being early in the iOS ecosystem, inactive for a decade

My questions seem lame and my top answer is my own question: https://stackoverflow.com/users/108512/andrew-johnson?tab=pr...

halfdan · 4 years ago
You just made me check - "top 0.84% overall". Haven't posted in a long long time and it looks like my points keep growing pretty much linearly.
lilyball · 4 years ago
I don’t remember how I joined but my profile is apparently older than the official launch date according to Wikipedia? Anyway, I used it heavily for a few years, then pretty much stopped entirely in 2012. And like you I’ve continued to rack up karma, such that I’m still in the top 0.06% somehow. It’s kind of nuts.
swiley · 4 years ago
>You must create a new Microsoft 365 hotlive account to reply to this message.
the_only_law · 4 years ago
Top 7% as well, but most of that came from shitty questions (both by my own standards now and SO standards) that happened to get a little traction so I don't put much stock in the score.
tootie · 4 years ago
Microsoft or Salesforce. Most of the value over the past few years has shifted from general programming topics to platform-specific StackExchange communities.
ineedasername · 4 years ago
Well, those internet points are at least likely to be harder currency than the highly inflationary retweets, upvotes, or likes.
k__ · 4 years ago
Microsoft has GitHub and I have to admit, I look more into OSS code than I search something on StackOverflow nowadays.
journey_16162 · 4 years ago
I'm a little bit active as in asking questions and sometimes answering questions I google and find the solution to. Yet, 50% of my rank points comes from one answer I made soon after I created the account.
habosa · 4 years ago
Owning both GitHub and StackOverflow would be one hell of a combo for Microsoft. They'd really have almost the entire worldwide developer community in their hands.
tamrix · 4 years ago
Except no pay out for you. Maybe the next big site should be backed by crypto or something with token rewards so you make something by building the sure with content?
ryanSrich · 4 years ago
I'm top 4% and I haven't posted on the site in over 2 years. Every time I log back in though I see I have 100s of new points or whatever they call it.
munk-a · 4 years ago
It's surprising what sorts of things people will buy for prestige - that might be worth a good deal of money for resale when you're looking to retire.
dystroy · 4 years ago
I doubt it. I'm in the top 0.07% with 300k+. Even such an account is worth nothing. Almost never did a recruiter pay attention to this. My low-rate GitHub account has a much bigger impact.
jononor · 4 years ago
One could try selling answers as Non Fungible Tokens, especially if you have some wierd ones. Lots of geeks have crypto to mess around with, and might want to pay for some bragging rights. Which is the only NFTs can really hope to be good for.
olalonde · 4 years ago
Same, I'm "top 0.20% overall" on askubuntu.com because of some simple questions I asked in 2010 (inactive since).
pugworthy · 4 years ago
And a nice reminder of being an early poster to popular things.
goatinaboat · 4 years ago
I always thought Microsoft would be a natural buyer given the tech stack and Microsoft's support for developers.

The heyday of SO is long over and all the serious Q+A takes place on GitHub, which MS already owns.

mschuster91 · 4 years ago
Many repo owners close discussion that ain't bugs or feature request because of moderation workload.
teen · 4 years ago
Me too! My user id is 26 :P
make3 · 4 years ago
(this is not compound interest.. )
make3 · 4 years ago
compound interest is interest proportional to how much you already have. This is like fixed absolute interest. Not sure why I was downvoted.
ddingus · 4 years ago
While I'm happy for the people who made a lot of money in this transaction, I always read these announcements with a bit of angst.

From a user point of view, I expect this to go like Reddit has, for example. Everyone building that value saw high use value, returns on their investment in the form of information they need, lean, easy to find, high signal to noise.

Now there is a debt to be paid. The new owner needs to extract the purchase price, and whatever additional additional returns they intend. Everything costs something.

So what will it be?

Subscription access?

Less favorable signal to noise?

sillysaurusx · 4 years ago
I dunno. Reddit seems like an example of a successful acquisition. Conde Nast managed not to destroy Reddit after buying it.

But I agree with you overall. I'm a bit nervous too. Stack Overflow is so good, and its fate is now entirely in the hands of the purchaser.

EDIT: In the other announcement post (https://www.joelonsoftware.com/2021/06/02/kinda-a-big-announ...):

Today we’re pleased to announce that Stack Overflow is joining Prosus. Prosus is an investment and holding company, which means that the most important part of this announcement is that Stack Overflow will continue to operate independently, with the exact same team in place that has been operating it, according to the exact same plan and the exact same business practices. Don’t expect to see major changes or awkward “synergies”. The business of Stack Overflow will continue to focus on Reach and Relevance, and Stack Overflow for Teams. The entire company is staying in place: we just have different owners now.

I wonder how true this will be over time.

skeeter2020 · 4 years ago
>> The entire company is staying in place: we just have different owners now.

I've been a part of a couple of these. This statement is somewhere on the spectrum of absolutely naive to willfully disingenuous.

"Someone just paid 2 billion dollars to buy us, but they're not going to change anything, exert any influence or expect payback beyond what we've already been doing."

edgyquant · 4 years ago
>Reddit seems like an example of a successful acquisition

For whom? For people who uses it since the beginning it isn’t even the same place anymore. It’s UX (and I’m not talking about the aesthetics of the new design, I don’t mind those) is legitimately the worst I’ve ever experienced and the quality of discussion has went down the drain. Even if you find a tightly controlled community dedicated to a topic you’re interested in it’s either one extreme to another or doesn’t last long.

That doesn’t even get into the constant rolling out for Facebook-tier features that no Reddit user ever wanted. I stopped using Reddit last month after ~12 years and I’ve since realized I was getting nothing but regurgitated memes and anger from a dozen people replying to my every comment who aren’t even addressing what I was saying just arguing for arguments sake.

It’s basically what Facebook groups were in 2016 at this point. I’m sure it’s a great acquisition for those who bought it, but for the old power users it’s anything but.

pavel_lishin · 4 years ago
> Conde Nast managed not to destroy Reddit after buying it.

Their current plan seems to be a race to the bottom; a new re-design for the default landing page that rewards infinite scroll over in-depth content.

Meanwhile, the moderation tools are still garbage.

Dah00n · 4 years ago
>Conde Nast managed not to destroy Reddit after buying it.

That.... is a very positive view of Reddit. I'd say everything on Reddit is way worse now and going downhill fast.

skunkworker · 4 years ago
Conde Nast also owns Ars Technica, which personally is my favorite tech-news site and has high and consistent quality.
2pEXgD0fZ5cF · 4 years ago
> The entire company is staying in place: we just have different owners now.

Says everyone who is involved in huge company acquisitions ever, and most of the time it does not hold true. The rest is common marketing talk.

I'm certainly not saying it is impossible for that to be true, but such a statement itself does not hold any value.

soheil · 4 years ago
> Stack Overflow is so good, and its fate is now entirely in the hands of the purchaser.

I wonder how much of it is Google making it look good by providing laser-precise results for the vaguest search queries.

Chris2048 · 4 years ago
> Conde Nast managed not to destroy Reddit after buying it.

Reddit is simply dying a slow death. I wouldn't touch the place now.

LegitShady · 4 years ago
>most important part of this announcement is that Stack Overflow will continue to operate independently, with the exact same team in place that has been operating it, according to the exact same plan and the exact same business practices

...at least until this purchase news died down a bit, and then we can get some managers in there to make new priorities and get some of the old ones out...

htrp · 4 years ago
> Reddit seems like an example of a successful acquisition. Conde Nast managed not to destroy Reddit after buying it.

Ehhhh not so sure on that one.

dredmorbius · 4 years ago
Reddit's managed that on their own.
will4274 · 4 years ago
> Conde Nast managed not to destroy Reddit after buying it.

I would have said the exact opposite. The Reddit community was destroyed. People no longer recommend Reddit for interesting discussions or speak excitedly about its communities. Conde Nast monetized and changed Reddit, recouping their investment, and now it's hard to find people who have good things to say about it.

Consider e.g. /r/darknetplan or similar topic focused subreddit a that were thriving in the early 2000s - all graveyards today. Those people are on Discord now.

m463 · 4 years ago
> Reddit seems like an example of a successful acquisition.

In relation to money, or to users?

Reddit is awful now, forcing everyone to an app and privacy out the window

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aiisjustanif · 4 years ago
> Conde Nast managed not to destroy Reddit after buying it.

Now Bon Appetit on the other hand...

chadlavi · 4 years ago
"You've read 3 of your 5 free answers this month"
jbb_hn · 4 years ago
Sadly, I think you probably nailed it. Back in the day, “experts exchange” was the place to get answers to questions, and look where they’re at.

2 billion dollars. That’s a LOT of money even by 2021 standards. You better believe the investors will be looking for their ROI.

quickthrower2 · 4 years ago
SO is CC at the moment IIRC - time to download it all and stick the historic stuff on a static site
nelsonlok · 4 years ago
All StackOverflow answers are Creative Commons by now. That won't be possible.
PythonicAlpha · 4 years ago
> "You've read 3 of your 5 free answers this month"

The content was created by the contributors for free, it would be (legal) theft to do so.

ppezaris · 4 years ago
I sold a company to Naspers once (the parent company of Prosus). Their philosophy is to let their portfolio companies continue to operate independently.

I continued to be the CEO of my company, and I reported to a regional CEO, who reported to the CEO of Naspers. I share this because I found it odd that "CEO" was basically a middle manager ;)

prepend · 4 years ago
That’s interesting and sounds positive you had autonomy.

Did they have an expected return on investment and just use your existing planned earnings growth? If they didn’t change your earnings slope, did they have a timeframe in mind for the multiple they used to buy you?

For example, if you earned $1 in the year of purchase and $.50 the year before and projected $2,3,4,5 in the next four years; did they use this for your purchase price? Or did they project some efficiency that shifted your projections to $3,4,5,6 and used that for the purchase valuation?

Only if you’re able to discuss, obviously.

skeeter2020 · 4 years ago
They'll double-down on the enterprise offer I would think. I don't think jobs was the money-maker they planned on, and the public individual site doesn't have a lot of revenue approaches that justify ~2B purchase price. I'm sure they original VCs made money but not sure it's their typical unicorn multiple.
ddingus · 4 years ago
Great take. You're very likely to be proven in that observation.
ethbr0 · 4 years ago
"Log in to see 8 answers on Qu^H^HStack Overflow!"
ddingus · 4 years ago
Yes, could very well be that. However I wrote a bit of angst because maybe they'll be smart about it and this will be okay.
yougotrioted · 4 years ago
You saw it with their latest April fools joke - Premium Copy & Paste
jope12 · 4 years ago
The whole point of creating Stack Overflow was to not have subscription access like Experts Exchange. Doing that would be suicide for SO.
quickthrower2 · 4 years ago
That was a long time ago. SO has the network effects to pull this off
callamdelaney · 4 years ago
They already make money by having a job board (probably one of the best around for hiring devs, so probably costs a bomb) and they sell an internal version of SO for enterprise customers.
Old_Thrashbarg · 4 years ago
I'll just be happy if they keep their Creative Commons licensing.
stjohnswarts · 4 years ago
I think this will not happen immediately because people would panic and run. It will be more subtle and over a couple years, but it will fade away in time.
wraptile · 4 years ago
StackOverflow was successfully expanding their service even before this purchase. I'd imagine stackoverflow jobs is a valuable area - sure it's not linkedin but it's still really good. SO also has really strong community following so there's always room for easy expanding.

It's not about the QA area but other areas that surround it. There are a lot of ways to integrate products to QA part of the web - you already see "Python jobs" on python questions which I'd imagine should work really well!

whatatita · 4 years ago
I'd imagine Stackoverflow for Teams will be a big part of it too. We use it a t work and I'm sure lots of big enterprises would be happy to pay good money to build in-house QA and knowledge sharing.
dalmo3 · 4 years ago
>I expect this to go like Reddit has

"Download the app to see the answers!"

sys_64738 · 4 years ago
Subs, ads or something else to monetize. You can't spend $1.8b and expect things to stay the same.
russellendicott · 4 years ago
I wonder if these acquisitions are like the new art collections of the super wealthy.
Ericson2314 · 4 years ago
This is why we societal debt > equity, for ownership is like a debt that can never be paid back.

I'm convinced this is a sensitivity to initial conditions phenomenon where if we hadn't transitioned to capitalism from feudalism, equity/ownership-like contracts would be laughed out of the room. "Perpetuity? C'mon!"

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Dead Comment

ComodoHacker · 4 years ago
On the other hand, it could lead to a decline of infamous "SO programming style" which is not that bad.
sjclemmy · 4 years ago
Fun fact and one of my dinner party anecdotes; I have the accepted answer for one of Ross Ulbricht’s (Silk Road’s Dread Pirate Roberts) SO questions that got him busted.

https://stackoverflow.com/questions/9563675/destroying-a-spe...

spockz · 4 years ago
Wow CodeIgniter, blast from the past. Funny at the time it was a pretty nice ORM/Framework. Apparently I still used SVN also. https://alessandrovermeulen.me/tags/codeigniter/
skinnymuch · 4 years ago
CodeIgnitor. What a blast from the past. I was able to read the entire code base and then again and grok all of it fairly quickly. That gave me a lot of confidence then and helped with imposter syndrome
bad_username · 4 years ago
Raymond Chen answered my question. And then blogged about it in Old New Thing.
notRobot · 4 years ago
Link?
jmkni · 4 years ago
I remember being obsessed with that trial when it was going on, Ars Technica in particular had excellent coverage.

The fact that his SO question led to his demise is particularly nuts IMHO.

digianarchist · 4 years ago
It wasn't just the SO question. He posted on the Shroomery message board advertising the site in it's earlier days.
TenJack · 4 years ago
Woh, how did this lead to his demise?
polynomial · 4 years ago
1. He originally submitted the question using his real name before quickly changing his user name to "frosty." Oops, too late.

2. Forensic testimony in the complaint asserted Silk Road used this method and in fact used code identical to that in the answer.

3. Silk Road server encryption was signed with Frosty@Frosty.

#2 and #3 were evidentiary, but #1 is what tied everything to a real person's name.

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LegitShady · 4 years ago
Not exactly on topic but I click on this link and it's been a long time since I went on SO...it popped up the cookies choice thing...except it remembered my choices from last time so there was no reason to...I think it was just hoping i'd mistakenly hit 'accept all'.
thirdsun · 4 years ago
Did it really remember all your choices or did your choices just match with the default settings (strictly necessary = on, everything else = off)?

In either case, it's still a problem. It's my impression that if you make the effort to actually customize and decline those options you'll have to do it repeatedly since very few sites will remember those choices - probably on purpose. Luckily uBlock Origin hides most of those annoying consent popups.

jimueller · 4 years ago
Yeah, that’s getting really old. Especially since it’s each site in the family.
polynomial · 4 years ago
Where did his 3,675 reputation come from? He only asked 2 questions and has a small number of badges.
shagie · 4 years ago
You keep reputation on sufficiently old, sufficiently voted posts even if they are deleted.

Presumably, there are also deleted questions or answers that were up voted.

Additionally, there was a "up votes on questions are also worth 10 points" recently (past few years).

scandinavian · 4 years ago
His questions have 444 upvotes, so he should actually have 4400 rep. He lost some to users being deleted. Looking at the reputation log he actually has less than he should have, but I'm not an expert.
numair · 4 years ago
This is absolutely phenomenal. Naspers/Prosus are some of the savviest and most forward-thinking players in tech investment — would you have been smart enough to give Tencent all that money, way back when? And remember, they were a bunch of nobodies based out of South Africa when that happened.

This is much more interesting than a monopolist like Microsoft buying SO, and I’d be keen to see what the growth strategy is here. This might very well be one component of a larger suite they will assemble to create something very interesting and valuable for the developer community. They’ve got the money and the brainpower to put it together.

sangnoir · 4 years ago
> And remember, they were a bunch of nobodies based out of South Africa when that happened.

Hard disagree - they weren't nobodies, Naspers was already a media juggernaut by 2001 (print and TV). Naspers was founded in 1915 (as De Nasionale Pers Beperkt - National Press) to promote Afrikaner Nationalism in the aftermath of the Anglo-Boer war. One of Naspers founders was also the founding president of the National Party (you might know them from their hit - Apartheid) and the mutually-beneficial, cozy arrangement between the NP and Nasionale Pers lasted until the very end of the Apartheid government in 1992.

herodoturtle · 4 years ago
Ja true, but don't we Saffers all wish we bought more Naspers on the JSE before their gamble on Tencent.

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ineedasername · 4 years ago
>Apartheid

Sure, but it did gain significant market share and had a massive ROI for many decades for anyone on the profitable side of it. For raging racists & (white) sociopaths, it wasn't so bad.

actuator · 4 years ago
Naspers might have made smart bets in past but I am not sure how this means they will run the community well.

I would have been more happy with a Microsoft acquisition (although that ends up making them even more powerful) as it ties into Microsoft's existing products well, so they don't need to necessarily change SO too much to make money from it.

It can tie to their dev tooling story with GitHub, VSCode etc on one end and from LinkedIn end, they could have tied SO's jobs platform to Linkedin one. This makes MS more powerful but it might have left SO largely untouched.

meh99 · 4 years ago
If I had access to their business network, data analysis, and knew in the end it wasn’t my money, society will just bail us out, sure why not make that choice?

You’re making it sound like they had real skin in the game. If it fails they walk away with enough to retire on anyway.

Let’s not make celebrities of the biggest grifters out there, emotionally coloring them in as possessed of magical insights. They’re people playing a game where the deck is stacked in their favor by that sort of fawning.

It’s an unverifiable claim to suggest they were uniquely gifted. Uniquely positioned is not the same thing.

mitchdoogle · 4 years ago
It's crazy the kind of hero worship towards anyone who makes a ton of money. When you account for all the smart people hustling trying to make their startup work, you realize it boils down to luck. Which, of course, is not a great comfort to most people since we all want to believe we can achieve anything if we only work hard enough.
tclancy · 4 years ago
Anything beyond leaving SO alone is going to go poorly. Your prediction is this, my prediction is this is going to push SO toward expertsexchange.com, pre-hyphen.

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throwaway158497 · 4 years ago
What is good for the company is not necessarily good for developers or community.
systemvoltage · 4 years ago
I don't see how giving money to Tencent has anything to do with the ability to steer SO.

The best thing would have been the status quo. SO has been running on its feet for many years. This consolidation, while disputably better than Microsoft acquisition, is no worse than large companies buying out small ones usually guaranteing their demise.

If anything else, Microsoft has left Github untouched so far.

I am not convinced that this is "absolutely phenomenal".

arp242 · 4 years ago
> If anything else, Microsoft has left Github untouched so far.

Actually, I think it has gotten better. I don't like the consolidation of independents like GitHub to big corporations like Microsoft, but I can't deny that thus far, it actually worked out pretty well.

Stack Overflow is a difficult company/website to manage though; it's not "just a website with a SaaS product" and really requires a good understanding of the social dynamics and such to run well, much more than e.g. GitHub.

teh_klev · 4 years ago
> The best thing would have been the status quo. SO has been running on its feet for many years

You forgot that there's a bunch of VC's who now want their investment back plus interest.

selfhoster11 · 4 years ago
To me, it seems that Github has become more proactive (or hair-trigger) in pulling down content via DMCA in the recent years. This could be down to companies finally figuring out that you can DMCA code repos, but I can't help thinking that the Microsoft acquisition was a factor.
codeulike · 4 years ago
I heard that the deal got closed by the mods
dgb23 · 4 years ago
They might have first class access to data that enables a powerful shift in integrated development.
swyx · 4 years ago
can you substantiate more here.. it reads like they made one good bet on Tencent and you suddently regard them as "the savviest and most forward-thinking players in tech investment ". have you looked at their other bets?
tibbydudeza · 4 years ago
They invested in takealot.com which is the goto online site for non-food in South Africa.

Revenue in 2020 was US$238-million up by 41% the previous year no doubt due to the lockdown.

Aeolun · 4 years ago
> would you have been smart enough to give Tencent all that money, way back when?

Investing in China at the time seems like it would have been a valid strategy. They’re just incredibly lucky with the scale of their success.

DavidWilkinson · 4 years ago
Agreed, it's an interesting complement to Codecademy and SimilarWeb
croes · 4 years ago
Ever heard of survivorship bias?
bigdict · 4 years ago
Yeah but why do those who survive survive?
marsrover · 4 years ago
I hate when people bring up survivorship bias about something like this. It's such a negative outlook. It's like a "don't even try because it's just a fluke that happened to them" type of mindset. It doesn't help anyone.
linsomniac · 4 years ago
I ended up losing access to my ancient account (it was using the OpenID providers that they don't even support anymore and the provider I used isn't around). I had gone fairly inactive, but recently wanted to contribute some content.

This was on the DIY stackoverflow, there's a fairly common problem on my stove, but an easy, low/no cost fix, it's just very involved. The DIY SO had a good discussion of the problem. To contribute back, I spent ~3 days making an instructional video on the replacement. Posted it to Youtube. Then went over to the SO to post it there as well, and realized it'd take like a month of dicking around to get a new account up to the point that I could post a response in the thread.

I reached out to site support about getting back into my old account, but have never heard back. <shrug>

mathgenius · 4 years ago
Glad to hear I'm not the only one that lost their S.O. account because they decided to try the amazing sounding OpenID.
raydev · 4 years ago
It’s been several years now but they had a long (1 year?) window where you could migrate to a supported login method.
skipants · 4 years ago
Didn't they have some way to transfer your account over from OpenID? Pretty sure I used it at the start as well, but now my account is a normal SO account.
bambax · 4 years ago
Me too!
mssundaram · 4 years ago
Yeah I've very often had something of substance to contribute but lacked the "merit" (or points or whatever). I wonder how common that is and how it could be handled - i.e. differentiating against spam
adwww · 4 years ago
Similar to me. Only when I actually needed to ask a question a while ago, I signed up again and found I no longer had enough points?!

There's a wealth of knowledge in old questions on that site, but UX for occasional users is poor!

bhandziuk · 4 years ago
> realized it'd take like a month of dicking around to get a new account up to the point that I could post a response in the thread

If you made a whole video just post it as an answer. That takes 1 rep (the lowest it can possibly be). If you wanted to post it in a comment ...well you needed 15 rep which is also pretty easy to get.

I don't understand this criticism of SO as if it is some walled garden and it's so hard to participate you may as well not.

linsomniac · 4 years ago
Maybe I misunderstood what it would take, but one of the first things I saw was "account at least 30 days old". At this point, I guess I probably have that one covered, but at the time I didn't want this on my mind for a month.

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mr_toad · 4 years ago
SO doesn’t have threads.

Discussions are discouraged.

There are clearly people commenting here who don’t understand how the SO works, and haven’t bothered to read the FAQ.

This is exactly why SO needs restrictions on new accounts.

papito · 4 years ago
Recent discussion about their tech stack: https://stackoverflow.blog/2021/03/30/roberta-arcoverde-stac...

Summary: simple as possible, maintainable, no micro-service hell - just a bunch of boxes serving with the cache and highly optimized SQL queries. Know your storage engine.

This is yet another example that not getting bogged down in cargo cults, micro-services, and instead solving problems you have will result in a smaller, more agile team, leaner infrastructure bill and burn rate, and a higher chance of a successful exit.

potamic · 4 years ago
You can bet your ass if one of these obscenely funded startup takes on the same problem, you are going to see all of that microservices, event sourcing, reactive patterns, service mesh jazz all over the place when they are dealing with like 100k users. And throw in the obligatory machine learning for intelligent ranking or some shit like that.
papito · 4 years ago
Correct. Because the whole system is filled with anti-incentives. You can't attract money by demonstrating that you can be frugal. It's absurd.
A-Train · 4 years ago
What is wrong with event sourcing? We also built our app without any microservices but event based processing is actually quite good pattern. Basically the state of the application can be replayed with the events.
MangoCoffee · 4 years ago
thank for the link. its really interesting. my boss want to use micro services and all the latest buzz but i'm like we only have two programmers and we don't create any app. all the code that we have is to integrate our on premise software with third party SaaS. we are a mid size company.
macando · 4 years ago
Since switching almost completely to JavaScript, Node.js and React I noticed that my time spent on Stack Overflow dropped significantly. I found my answers in API docs and GitHub issues most of the time.

I never created an account. Once I had listed most recent Redux and React questions, had an answer to one that was pretty tricky within one minute since posting and while I was typing out the answer in my editor somebody already had their answer posted and accepted. With code formatting and everything.

What's left is the unanswered questions that look like really specific, obscure, and unpaid debugging sessions to me.

Macha · 4 years ago
Github issues have also replaced most of my stack overflow usage. Part of it is that I'm now more experienced, so most of my questions are about edge cases or potential bugs and not "How do I call system()?". But it also feels like stackoverflow took off because it was lower friction than mailing lists and experts exchange, but has been overshadowed as projects migrated to github and most developers already having a github account, rendering it lower effort. This changed things by (a) having stuff in google results from other sites and (b) encouraging developers to write better docs to reduce the rate of support requests in github issues.
macando · 4 years ago
> (a) having stuff in google results from other sites

Yeah. Programmers now give really nice answers to basic questions about the up and coming tech on their personal/company blogs.

Also, SO benefited from having a decent code formatting in a time where code blocks looked horrible pretty much everywhere else. They lost that edge.

MikeKusold · 4 years ago
> I found my answers in API docs and GitHub issues most of the time.

I noticed this a few years ago and I think it is more about experience than language. As a beginner, your code doesn't work and you aren't sure why. As an experienced engineer, your code doesn't work, you tracked it to a specific section, that section calls into X framework so you go to those API docs to learn how it works.

tootie · 4 years ago
I think it's a virtuous cycle of modern development that popular SO questions make their into the official documents. And things people find super annoying just get fixed and disappear. I had some issues with a popular framework a few years back and got answered by the creator directly.
vultour · 4 years ago
JavaScript is consistently in the #1 spot on their yearly developer survey, and remains as one of the most common tags on questions, so your experience certainly doesn't translate to the average JS developer.
mr_toad · 4 years ago
People learn in different ways.

Some people will read the documentation, and MDN etc have excellent documentation.

Others will ask questions on SO.

toyg · 4 years ago
That's likely just a function of the popularity of such language, in terms of constantly attracting newbies.
croes · 4 years ago
"The group’s expansion into internet platforms began in the 1990s' spanning online consumer services, including:

E-commerce - including its subsidiary, OLX (100%)

Takealot.com (96%) Fintech - including its subsidiary, PayU (98.8%)

Food delivery - including its subsidiary and associates, iFood (54.8%), Delivery Hero (22.3%) and Swiggy (38.8%)

Etail - including its subsidiary, eMag (80.1%)

Travel - including its associate, Ctrip (6%)

Mobility - Bykea

It is also the largest shareholder of social Internet platforms:

Tencent (28.9%)

Mail.ru Group (28% in 2019)"

Doesn't sound to good for me.

jiofih · 4 years ago
Most of these are very successful businesses, just not as fashionable as the SV ones you know. If this is their complete list of investments their hit rate is insane.
barreira · 4 years ago
OLX is the most popular Craigslist-type website at least in Portugal (and maybe in more places in Europe as well?)
mhitza · 4 years ago
In Romania as well. Also PayU is a common payment processing gateway around here as well.
hezag · 4 years ago
In Brazil too. And iFood is the largest "food-tech" company in Latin America.
Tade0 · 4 years ago
Popular in Poland as well.
nitins · 4 years ago
Popular in India also
cobby · 4 years ago
Same for Ukraine
gv123 · 4 years ago
Olx and Swiggy are huge in India.
bbarnett · 4 years ago
And now, they can compete with Linkedin!

First, buy a site with 14 million+ accounts, all guaranteed to be developers of some sort. It even has a job board apparently, already!

Next, bring in synergy. Mine the data to find out who does what. Make a "better linkedin".

Doh.

(They clearly want to "monetize" it somehow, so... how I wonder? The above?)

actuator · 4 years ago
If anyone is aware about the numbers, how are their ecommerce and fintech ones doing in their markets? That space is quite competitive and a lot of well funded players.

Also, are the food ones profitable or loss making like most other food delivery startups?

mssundaram · 4 years ago
Interesting. I've hardly heard of any of those companies - are they mostly non-US?
iSnow · 4 years ago
Delivery hero is pretty big in Germany and other EU countries.
klohto · 4 years ago
Definitely eastern europe / asia focused
TheCapeGreek · 4 years ago
Takealot Group (subdivided into Takealot, Superbalist, and MrD) is basically a trinity of Amazon, [insert fashion e-tailer here], and UberEats, for South Africa.
moonbas3 · 4 years ago
Some of them are present in Europe. eMag is probably the biggest e-tailer in eastern europe.
manojlds · 4 years ago
Swiggy is the most popular food delivery company in India
rudnevr · 4 years ago
Mail.ru Group, btw, is a nasty Russian trash internet holding with interests everywhere, including food delivery