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RE: Steemit, Inc. Financial Update

in #steemit5 years ago

If you are nearing $100K in advertising a month, this should be pushed to crypto news sites. This is huge news and can have a big impact on how investors see us, especially if it reduces the programmatic selling.

One thing I never got an answer to I would love to know, the AWS infrastructure was reduced from $225K/month to 18K-38K, has (or will) this reduce the programmatic selling?

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Went from 3k to 100k? I smell BS

I agree. Let's advertise with the ad revenue.

No sorry we will have to wait for SPS steem proposal system for that and even then its no guarantee, so we will force the reward pool to pay for what @ned should be paying for :D

probably same story with on-boarding... instead of ned using all that Bitcoin he got from the Steem "ICO" or Initial Coin distribution, whatever you wanna ca;ll it, ned got a LOT of Bitcoin and THAt was what he was supposed to use to PAY for infrastructure ..... oh welll

hmm, well looks like he got his money and went off xd

Good question, but I bet until they have a financial cushion of something like two years expenses established, they likely won't cut the programmatic selling.

No sorry we will have to wait for SPS steem proposal system for that and even then its no guarantee, so we will force the reward pool to pay for what @ned should be paying for :D

probably same story with on-boarding... instead of ned using all that Bitcoin he got from the Steem "ICO" or Initial Coin distribution, whatever you wanna ca;ll it, ned got a LOT of Bitcoin and THAt was what he was supposed to use to PAY for infrastructure ..... oh welll