Today marks one month since I took over managing the ~econ territory.
I've been very happy with our post quality and quantity: ~econ ranked 7th in number of posts, 5th in number of comments, 4th in stacking and spending (how are those different?).
The top 3 posts by zaprank wereThe top 3 posts by zaprank were
- The Pleb Economist #2: Politics is Provably Hard by @SimpleStacker
- MONEY CLASS OF THE DAY: Wealth, Bitcoin, and A Monetary System Enriching Us by @denlillaapan
- Is Bitcoin telling us something about the broader market/economy? by @grayruby
RevenueRevenue
Revenue has been up, since reducing the posting fee. That means we could reduce it further. If there's no objection, I'll lower it to 54 sats.
Over the past month, ~econ made about 75k. The previous month ~econ brought in about 47k.
Owner's PledgeOwner's Pledge
Since we are running a profit, I'd like to consider some options for making good on the pledge to do right by those who helped support ~econ before it was profitable. A few options come to mind, but I'm open to others:
- Treat those donations as profit shares: i.e. if you donated 10k, I'll give you 10/450 of the territory profit at the end of the year
- Fund some sort of contest with them
- Simple refund taken out of end of year profits
- Donate the sats to a charity of your choice, on your behalf
FeedbackFeedback
Let me know what you thought of the past month in ~econ.
Are there any particular changes you'd like to see going forward?
Is there anything I should be pushing k00b and ek for?
Keep stackin', stackers.
Fantastic breakdown and I'm honored to hang out with yous, econ Stackers!
Second place is always so motivating... GOTTA WORK HARDER AND WRITE BETTER STUFF!
As for owner's pledge: yeah, go for 1--dividend reward for those who financed yah.
(I say, having no stake in the matter so whatevs.)
To be fair, Arrow's Impossibility Theorem is a hard act to follow :)
Plus, I'm pretty sure you're #1 on aggregate stacking by a country mile
I wish it were easier to get territory specific numbers on individual stackers.
@k00b, would it be hard to do that?
It isn't hard. Mostly just not as need-to-have as some other things. We've lived beyond our naive stats collecting for sure. Advances should come sooner rather than later after some prereqs are done.
aladdin scene
Where should I look for the analytics part of the codebase? I feel like this is something I could potentially contribute towards.
We have some materialized views that crunch them periodically e.g. permalink to user_stats_days
This part of the project is relatively unapproachable tbh. There's a lot of implied context (bad) in the DB schema. I don't want to scare you, but in case you're confused, it's our fault.
Following up on this... does this mean
prisma/migrations/20240710001134_user_stats_refine/migration.sqlwas manually created? Because I couldn't finduser_stats_daysdefined except in these migration files.Sorry if dumb question, I am not familiar with prisma, but I thought the migrations are automatically managed.
Also, if you prefer that I move dev discussion to another channel, lmk. I didn't want to pollute the github issues / discussions threads unnecessarily if this is a dumb question.
This isn’t a dumb question. To modify ‘user_stats_days’ you’ll need to replace the function by performing another migration.
‘sndev prisma migrate dev —create-only’ will create an empty migration.
prisma’s docs are going to be the best place to learn about this stuff.
GitHub discussions would be great for these questions because other folks can chime in - and find them if they have the same questions.
Dumb questions are more than welcome!
I'll take a look if I have time (I probably won't, or will take a long time to get around to it, but the desire to contribute is there)
Can't be done
~econ is killing it by the contributions of real journalists like @denlillaapan @SimpleStacker, I don't know how @grayruby made it there on the top. ;)
It'd great if you simply have a monthly contest, a single winner whose post is top of the rank by month end.
I take no offense to this slight. Highly accurate.
Before this happened, I thought you were only good at cheering for losers.
I meant considering we've some real journalists, you making to the top 3 is an achievement in itself.
Hmmm let’s compare the team I cheer for and your two bandwagon teams.
49ers
Record (W-L-T): 630-526-16
Playoff Record: 39-25
Super Bowls Won: 5 (8 Appearances)
Eagles
Record (W-L-T): 638-639-27
Playoff Record: 28-26
Super Bowls Won: 1 (4 Appearances)
Chiefs
Record (W-L-T): 547-441-12
Playoff Record: 26-21
Super Bowls Won: 4 (6 Appearances)
Chiefs regular season and Super Bowl record fairly comparable but still much less playoff success. Eagles not even in the same galaxy.
I don't know. The Eagles have won the most games.
And lost the most. I will give them credit for being around a long time.
The best ability is availability
I live in present unlike you dwelling in past.
I don't doubt numbers but I'd never base my predictions on them. Instead I'd see who's playing better in the present.
Hobart won the BBL for the first time, their numbers are worse than all others in BBL.
So I guess next year you will be cheering for new teams since it is rare for teams to get back to the Superbowl two years in a row.
Glad the Hurricanes won. That’s the only team I still had sats on.
Can be if these two don't play well. I've no alliances with any of them, nor you have living in Canada. So, I suggest you be impartial and cheer for whoever plays well.
No, I don’t just cheer for the team that is winning. As I mentioned yesterday that is concerned being a fairweather and bad fan. People like that are generally made fun of in North America.
Something like that. Maybe quarterly, since that seems somewhat on brand.
Quarterly will also be amazing with a little higher reward.
Glad to see your area working so well! It's one of the most fun things to read! Especially while you keep @SimpleStacker, @denlillaapan and @grayruby around!
I'm very lucky to have such good contributors.
totally useless when it comes to mining lol
1 of those 3 posts is not like the others. Haha. Try not to have me in your top 3 too often.
LIES!
...the money class is clickbait!
Click bait works. He's going to beat you next month with a lazy post about how dumb Canada is.
that should be easy enough
There is a lot of material to work with on that subject
I was just as surprised to see you there.
Econ is doing well.
What was the fee before?
It had gotten up to 215, which I think was discouraging posting.
Its hard to find the happy medium.
You also want it to grow.
unhappy medium is more accurate
I'm pretty happy
Econ has always been a good territory.
Lot of interestong subject matter.
It’s your natural predisposition
The previous owner was trying to do something similar.
I think SN cutting territory costs in half is what has allowed me to drop the fee.
Spending includes posting/commenting/boost fees in addition to zaps.
That makes sense. If I had a higher posting fee that would show up as spending but not as stacking.
Nice! It might not be an exaggeration to say that ~econ territory on Stacker News is the best place on the internet to discuss and post based econ content
That's exactly what I want to hear. Now, we just need more people to realize it.
Well done! I'm happy your territory is doing well.
Thanks
Your media empire may not be far-fetched at all. Congrats!
The numbers are a bit misleading, because a lot of that revenue is from my own zaps to posts and comments.
Still, though, it is going better than I expected.