The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on November 03, 2017, 01:52:28 AM

Title: Stack Overflow lays off reportedly 20% of staff
Post by: rcjordan on November 03, 2017, 01:52:28 AM
QuoteIt's not clear today what Stack Overflow's main revenue generator is, but the company appears to be putting its forward bets on more into paid enterprise services.

https://techcrunch.com/2017/11/02/stack-overflow-lays-off-staff/
Title: Re: Stack Overflow lays off reportedly 20% of staff
Post by: ukgimp on November 03, 2017, 12:56:33 PM
What do 300 people actually do? Most is user added data?
Title: Re: Stack Overflow lays off reportedly 20% of staff
Post by: Chunkford on November 03, 2017, 01:38:05 PM
They have staff!?
I thought it was a collective of volunteers who had a superior complex to most on planet earth and enjoyed bigotry as a hobby
Title: Re: Stack Overflow lays off reportedly 20% of staff
Post by: ergophobe on November 04, 2017, 05:35:46 PM
Quote from: ukgimp on November 03, 2017, 12:56:33 PM
What do 300 people actually do? Most is user added data?

They handle massive amounts of traffic and have killed most other coding forums in the world. Because it's spread out over so many domains, people don't see the scale. It's like Reddit for coders, but spread across multiple domains. In the Drupal world, SO has completely killed the Drupal forums. Nothing happens there anymore and they were super busy.

There pretty much is not a search you can do on Javascript, PHP, Python, Drupal and a host of other topics where SO doesn't dominate page 1.

Quote from: Chunkford on November 03, 2017, 01:38:05 PM
enjoyed bigotry as a hobby

That depends on the "exchange". Each one has its own culture. Some are trolled by people who make it their life's mission to mark questions as "off-topic" and close them. The SO Drupal community is great though and there's a reason it has destroyed the Drupal.org forums.

Quotemain revenue generator
It always seemed like it was VC money. The question was, why are VCs investing?
Title: Re: Stack Overflow lays off reportedly 20% of staff
Post by: rcjordan on November 04, 2017, 07:54:24 PM
>why are VCs investing

Joel Spolsky
Title: Re: Stack Overflow lays off reportedly 20% of staff
Post by: ergophobe on November 05, 2017, 04:59:10 PM
Quote from: rcjordan on November 04, 2017, 07:54:24 PM
>why are VCs investing

Joel Spolsky

I guess there are worse reasons, but still, they must have burned through a lot money by now