Comment by zombittack
7 hours ago
At this point in my life I have zero patience or sympathy for the story of a man selling his company to a massive conglomerate and then feeling betrayed or somehow sad/regretful when said conglomerate destroys it or weaponizes it. I'm simply tired of this hindsight virtue signaling. They don't care about us. That means even you, Nate Silver. Btw was a big fan back then! Signal and the Noise was a great book.
There's value in making more people aware of something, even if it appears obvious to you. It's possible that someone who doesn't share your views on Disney, or corporations more broadly, might have been familiar with FiveThirtyEight and will have their views changed by Nate Silver's account of the situation. There's also nothing wrong with someone reflecting on something they worked on for over a decade and identifying things they could have done differently.
Ironically, your comment adds nothing to the discussion other than virtue signaling that you're "in the know" on this subject.
I'll disagree. As an open forum, all responses are allowed, even telling someone to sleep in the bed they made.
But it does bring up a good point. That too many people are trying to have their cake and eat it too. Any reasonable person does, or ought to know, the cycle 538 went through. And we need to stop giving the benefit of the doubt to reasonable people who say "well I'm the one who didn't"
Maybe I'm old but this smells like a new generation coming to terms with the concept of a sellout. It's not new.
https://en.wikipedia.org/wiki/Selling_out
"While this perceived inauthenticity is viewed with scorn and contempt by members of the subculture, the definition of the term and to whom it should be applied is subjective. While the term is most associated with the 1970s- and 1980s-era punk and hardcore subculture, English use of the term originates in the late 19th century."
Cue the Mad Men meme: "THAT'S WHAT THE MONEY'S FOR!"
> I'm simply tired of this hindsight virtue signaling.
Virtue signalling is a funny term. What, exactly, does it mean here? In what way is reminiscing about a venture that lasted 15 years of your life "virtue signalling"? It seems to be that word is trotted out as a meaningless cliche, something in the sense of "I don't like this thing, but I'll sound more sophisticated if I accuse it of this nebulous bad thing rather than just saying I don't like it".
The man is allowed to write a blog post about the final conclusion of a huge phase of his life. You don't have to give him your sympathy, but there's nothing wrong with writing about it.
The "virtue signaling" is signaling being a scrappy creative type who regrets/disliked the path he followed when he actually sold out to a big conglomerate at the first possible opportunity. The virtues being signaled are things like independence and grit.
Perhaps you read a different blog post than I did, but that's not what he signalled at all. He regrets getting involved with ESPN specifically because it was a poor fit for him as a television network that didn't have a suitable business model for 538, and would have preferred if he had taken the competing offers from NYT or Bloomberg in 2013 and then wanted to move to The Athletic in 2018. At no point did he say anything like "I wish I didn't sell 538 and stuck it out alone".
I don't understand the use of the word "actually" in this sentence. The second half does not stand in contrast to the first half. In fact, it explains the first half.
And portraying oneself as having independence and grit when one doesn't actually (which I don't concede happened here) is not what virtue signaling is. "Virtue" here more closely means "morality" than "admirable or sympathetic qualities". Virtue signaling is disingenuously behaving like you are a moral person because it is advantageous, when in fact you lack such morals.
I feel the need to belabor this because accusations of virtue signaling are too often unfounded and amount to a cheap trick to shut down more thoughtful discussion.
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“Virtue signaling” has become a thought-terminating cliche.
All it really amounts to is an accusation of insincerity motivated by vanity, which is a two-for-one ad hominem attack that allows the accuser to avoid responding to the actual point.
It is a statement on a culture that values insincere "feelgoodery" over truth. We can decry the downfall of common sense even if it comes at the expense of pointing out the obvious. Imo this is a good trend.
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I think you can both be sad that something you built was destroyed, and also aware that you already sold it and are not somehow personally a victim.
I wrote this exact comment elsewhere on the thread and got downvoted for it. Business is business! It sucks for Nate but he's acting like a sore loser, when this is a totally normal and expected outcome. Businesses acquire other businesses and sunset them all the time. Zero sympathy from me.
Sore losers don’t generally write at length about their own mistakes and poor decisions that led to the ultimate demise of their baby.
they do since Substack was invented because it turns out a digital rehabilitation facility for whiny and overly wordy sore losers is a fantastic subscription business.
Might want to think about selling that one to Disney as well and then writing about your great regrets of selling your substack on substack v2 in ten years, that's gotta be amazing content for another ten posts
You don't need to have sympathy to accept that these chimp outs are virtuous for entirely pedagogical reasons.