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Business, Economics, and Taxes: Capitalism. Yay? >=(

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Handyman said:
https://twitter.com/donie/status/1592859900941852674?t=3YpgHlU8dva7i67LZnAMVw&s=19

This is the letter Musk sent out to the entire staff...personally I take the severance.
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By now, I'd have already found a new position and quit. Still plenty of job openings in software engineering and IT in general. The letter makes it sound like Musk doesn't care one iota about IT roles that don't write code, like UX designers, product owners, business analysts, and project managers. Have fun watching code monkeys try to play those roles while still writing code.
 
The letter sounds like a phishing scam...the IT at my school wouldn't allow that through and they suck at keeping out phishing scams.
 
Whelp. Just got my 2023 property taxes from Hennepin county.

I remember someone on here reminding me that if everyone’s home values went up 25%, doesn’t mean taxes will.

my actual taxes went up by 25.5%
 
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I think you're talking about me. I believe I said something along the lines of "just because your house goes up, doesn't mean it will follow with taxes. If your house goes up disproportionately, then you can challenge."

overall it obviously depends on budgets and levies. My taxes went down IIRC. Or roughly stayed the same.
 
Anecdotal, but it seems that TicketMaster has royal pizzed-off everyone in the 25-45 age range in the past two months with their fuckery and price gouging of both Blink-182's and Taylor Swift's 2023 tours.

I wonder if they may have finally made a fatal step too far here...
 
RaceBoarder said:
Anecdotal, but it seems that TicketMaster has royal pizzed-off everyone in the 25-45 age range in the past two months with their fuckery and price gouging of both Blink-182's and Taylor Swift's 2023 tours.

I wonder if they may have finally made a fatal step too far here...
Click to expand...

Several members of congress have already commented. Not a good look.

Mind you, it was so bad, Ticketmaster had to reschedule the presales because they fucked it up so bad. I've never heard of that before. Not saying it hasn't happened.
 
dxmnkd316 said:
Several members of congress have already commented. Not a good look.

Mind you, it was so bad, Ticketmaster had to reschedule the presales because they fucked it up so bad. I've never heard of that before. Not saying it hasn't happened.
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Similar thing happened in 2007 when the Rockies made the World Series. Although, I don't remember if that was Ticketmaster or not. I just remember waiting in a virtual queue for hours twice and not getting tickets.
 
dxmnkd316 said:
Several members of congress have already commented. Not a good look.

Mind you, it was so bad, Ticketmaster had to reschedule the presales because they fucked it up so bad. I've never heard of that before. Not saying it hasn't happened.
Click to expand...

It's not just the actual hardware/methods that are fueling this blaze...

It's mostly the fact that A) For stuff like this, roughly 30-40% of the building gets sold to people who have ZERO interest in actually using the tickets. and B) TicketMaster takes their cut on that original sale and then makes $TEXAS a 2nd time when the tickets are then resold on the secondary market at 2-5x the face value on their resale platform.

Having worked with these systems, this can very easily be combatted. Tickets can simply be made non-transferrable. That will solve 85% of the problems. But this cuts out a ton of "gravy" profits that have little/no cost to TM.
 
RaceBoarder said:
It's not just the actual hardware/methods that are fueling this blaze...

It's mostly the fact that A) For stuff like this, roughly 30-40% of the building gets sold to people who have ZERO interest in actually using the tickets. and B) TicketMaster takes their cut on that original sale and then makes $TEXAS a 2nd time when the tickets are then resold on the secondary market at 2-5x the face value on their resale platform.

Having worked with these systems, this can very easily be combatted. Tickets can simply be made non-transferrable. That will solve 85% of the problems. But this cuts out a ton of "gravy" profits that have little/no cost to TM.
Click to expand...
The way to combat it is don’t buy the tickets. If 20,000 people are willing to spend $800 a person to see Swift or Springsteen, then we know two things. First, that’s the market price for the tickets so why shouldn’t they sell for that, and second, people have strange priorities.
 
SJHovey said:
The way to combat it is don’t buy the tickets. If 20,000 people are willing to spend $800 a person to see Swift or Springsteen, then we know two things. First, that’s the market price for the tickets so why shouldn’t they sell for that, and second, people have strange priorities.
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You realize that 30-40% of the tickets bought go to corporate accounts that just write off the expense, right? And they have zero care if the tickets get used.

Yes, fans are driving the price. But that price falls at least 20-30% instantly if you remove the corporate element since that's a larger chunk of actual fans that get to use the tickets.
 
RaceBoarder said:
You realize that 30-40% of the tickets bought go to corporate accounts that just write off the expense, right? And they have zero care if the tickets get used.

Yes, fans are driving the price. But that price falls at least 20-30% instantly if you remove the corporate element since that's a larger chunk of actual fans that get to use the tickets.
Click to expand...

It's either
a) no
or
b) yes, and it's his usual schtick of dog-eat-dog capitalism where the rich get to trample everyone else and hovey gets to just blissfully ignore it because he's got his.
 
RaceBoarder said:
It's not just the actual hardware/methods that are fueling this blaze...

It's mostly the fact that A) For stuff like this, roughly 30-40% of the building gets sold to people who have ZERO interest in actually using the tickets. and B) TicketMaster takes their cut on that original sale and then makes $TEXAS a 2nd time when the tickets are then resold on the secondary market at 2-5x the face value on their resale platform.

Having worked with these systems, this can very easily be combatted. Tickets can simply be made non-transferrable. That will solve 85% of the problems. But this cuts out a ton of "gravy" profits that have little/no cost to TM.
Click to expand...
Exactly. Garth Brooks did this where it wasn't transferable and the prices were set by Garth. Like $60 a pop for every ticket. No resale value. Literally solved overnight by a guy who sold out something like eight shows at the X in St. Paul. So it's not like the demand wasn't there either.
 
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