I'm curious about a couple things. Information on any of these is appreciated.
Why do people buy fake Instagram followers, aside from fraud? I've heard even kids in high school will buy them to try and buy popularity, but... that's... not... how... being... cool... works... – obviously, actual humans you speak to have to notice you for you to be cool, but to be honest, being cool is such a stupid endeavor, I wouldn't be surprised if the watchers in that arena are fools. This is a little too much, but I understand the weird thirst, even if I never went through that.
Relatedly: I've asked people in adtech about why they don't proxy mass YouTube view purchases – I got no direct answer, but I suspect some of them do and then have very awkward audits from their business partners for all their non-geo-targeted campaigns. Considering the views come from ridiculous countries, I think it's possible they're even made by real people? I'm sure they have a hundred windows open and headphones unplugged, but I mean, when I watched television as a kid we all ran out of the room during commercials.
Am I crazy to think "we have dramatically better due diligence teams and sign contracts quicker" should be the principle advantage of at least one private equity / VC firm per industry? Do these people exist? If so, like, can I apply to work there? As a portfolio strategy is seems like it's both easier to specialize (just have more knowledgeable staff), and much more surefire than "we have novel insights into the future of the market" or "we can sniff out potential successes better". It also fits my business aesthetic quite well. If my understanding of history is correct, this was how Berkshire Hathaway used to work. They've got a bit too much capital for this kind of thing these days, but most private equity firms do not have that problem. My area of expertise is small software companies.
And perhaps most vexingly: can someone explain the economics of MrBeast? Are the donation videos loss-leaders?