• 0 Posts
  • 18 Comments
Joined 1 year ago
cake
Cake day: July 16th, 2023

help-circle
















  • I’m making this claim based on the Wright Bros exhibit at the Smithsonian Air and space museum…

    One of the genius things that they did was invent scaled testing (I’m not 100% sure I can make this claim, but I’d be happy to learn it I was wrong). Rather than building the device and testing it, which killed a lot of people through history, they built miniature components and tested them individually to prove concepts, and THEN built their production version in iterations.

    Like, to test airfoil designs, they built a table top sized wind tunnel, put a miniature airfoil in, and evaluated its performance, and made determinations for the final product. This SIGNIFICANTLY lowered design costs and prototyping at the time.

    This also happened to result in an airplane.




  • I’m not saying it wasn’t profitable. It’s a hell of an achievement that it was.

    Just that they took on a lot of investment capital and it wasn’t the kind of return that investors were expecting.

    Ultimately, the efficacy of social media advertising on the whole is in the decline. The number and types of companies that used to advertise and run their business on Facebook is so different today than it was five years ago, and business are seeing far less return for their budget.

    Twitter was riding a knife’s edge (particularly during COVID) and would have to really scramble to stay in the red in the future.