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What makes you say that Community is intangible?

chmod775 3y ago
An intangible key performance indicator is qualitative rather than quantitative and can't be easily measured. Community clearly falls under any common definition you'll find. That said, I don't think community could be considered tangible in any context?
sshine 3y ago
There was a bit of sarcasm implied. Community is tangible. And there are tangible KPIs for measuring the health of a community. But Reddit's community health is clearly not proportional to Reddit's profits. It's just another way of saying: VCs and users don't agree what makes Reddit great.
- chmod775 3y ago
  > Community is tangible. How do you define tangible vs. intangible assets so that community ends up being a tangible asset?
  - sshine 3y ago
    There is too much word confusion going on. I said "Community is an intangible KPI" and someone asked "What makes you say Community is intangible?" -- but I didn't say that. Then I said "Community is tangible" and what I meant by that is: There is a well understood definition of what a community is. Now you ask "How do you define tangible vs. intangible assets?" but I'm not saying that community value is easily convertible into economic value. https://www.investopedia.com/terms/a/asset.asp https://www.investopedia.com/terms/a/asset.asp An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet. They're classified as current, fixed, financial, and intangible. They are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses, or improve sales, regardless of whether it's manufacturing equipment or a patent. One thing you could consider is moderator interaction as increasing the value of the platform in proportion to the hours spent, like you do when accounting a salaried software developer as increasing the value of the product by getting paid. (It's a proxy, of course.) I assume that shareholders are not stupid when it comes to the cost of potentially killing communities, and they believe that more ad exposure + some AI model based on Reddit's data will deliver more economic value than the current free API. I think where the difference in conviction is: - How much will killing 3rd-party apps as we know them affect Reddit's community health? - How much will a deteriorated community health affect the future quality of Reddit data?

An intangible key performance indicator is qualitative rather than quantitative and can't be easily measured. Community clearly falls under any common definition you'll find. That said, I don't think community could be considered tangible in any context?

sshine 3y ago

There was a bit of sarcasm implied. Community is tangible. And there are tangible KPIs for measuring the health of a community. But Reddit's community health is clearly not proportional to Reddit's profits. It's just another way of saying: VCs and users don't agree what makes Reddit great.

chmod775 3y ago
> Community is tangible. How do you define tangible vs. intangible assets so that community ends up being a tangible asset?
- sshine 3y ago
  There is too much word confusion going on. I said "Community is an intangible KPI" and someone asked "What makes you say Community is intangible?" -- but I didn't say that. Then I said "Community is tangible" and what I meant by that is: There is a well understood definition of what a community is. Now you ask "How do you define tangible vs. intangible assets?" but I'm not saying that community value is easily convertible into economic value. https://www.investopedia.com/terms/a/asset.asp https://www.investopedia.com/terms/a/asset.asp An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet. They're classified as current, fixed, financial, and intangible. They are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses, or improve sales, regardless of whether it's manufacturing equipment or a patent. One thing you could consider is moderator interaction as increasing the value of the platform in proportion to the hours spent, like you do when accounting a salaried software developer as increasing the value of the product by getting paid. (It's a proxy, of course.) I assume that shareholders are not stupid when it comes to the cost of potentially killing communities, and they believe that more ad exposure + some AI model based on Reddit's data will deliver more economic value than the current free API. I think where the difference in conviction is: - How much will killing 3rd-party apps as we know them affect Reddit's community health? - How much will a deteriorated community health affect the future quality of Reddit data?