Dan Hallock

7 Followers
53 Following
57 Posts
They/them or he/him.
Born at 338 ppm.
As each month of the prepaid subscription passes, you make transactions out of this liability — “unearned revenue” — and into your real revenue. Now, it’s not realistic to treat this cash on hand as untouchable and owed to customers. You’re not a bank, it’s not a deposit, and every customer simultaneously demanding a full refund for your service is weird enough that it’s understandable to operate as if it won’t happen. Getting prepayments allows you to make investments you otherwise couldn’t.

You should absolutely go do this if you can, but, I think that this highlights an important aspect of small business / startup budgeting that a lot of people miss.

Gruber uses the phrase “already booked revenue” to describe the refundable portions of subscriptions. That isn’t (or, well, shouldn’t) be how you understand “revenue”.

A more accurate term would be “cash in the bank”, and the distinction is important.

https://mas.to/@dnanian/109970578089893239

Dave Nanian (@[email protected])

The fine folks at Tapbots and the Iconfactory need your help. If you were a subscriber to either Tweetbot or Twitteriffic, please re-install the app and click the button to decline your refund. It's difficult, perhaps, to understand what a huge impact this would make on these folks, but your effort and small monetary sacrifice will help them more than you know. More details in Daring Fireball's post: https://daringfireball.net/2023/03/tweetbot_and_twitterrific_face_the_cliff

mas.to

DOStodon - a Mastodon client for DOS.
https://github.com/SuperIlu/DOStodon

#mastodon #DOStodon #DOS

GitHub - SuperIlu/DOStodon: MS-DOS Mastodon client

MS-DOS Mastodon client. Contribute to SuperIlu/DOStodon development by creating an account on GitHub.

GitHub

People worry a lot about losing knowledge — about "burned-down libraries".

Comparatively few people seem to worry about what happens if you take a billion books full of auto-generated, often-untrue junk text and *add* them all to the library.

In theory, nothing is lost. In reality, everything is lost, because nothing useful can now be found.

Some people believe there's no purpose to "liking" something on Mastodon since it doesn't affect any algorithm.

Not the case.

It does something incredibly valuable: it acknowledges people.

Which is incredibly powerful, and is all the more important *because* it's not connected to gaming any algorithm.

By liking something on Mastodon, you are doing it honestly -- without any agenda at play other than that you like it.

So go ahead. Click that like button for its own sake.

Folks in tech who say it's easy to criticize but hard to build... Sorry, no. It's easy to build if you don't care about the flaws or societal consequences or ripping off others' work. Any midwit sociopath can do that. The hard thing is to build something that *isn't* evil.
Please boost if you’re still masking indoors (in public places)
If you burn the candle at both ends, stop! That is wrong. You are bad at candles