Hacker News new | past | comments | ask | show | jobs | submit login

If Facebook has hurt the bottom line of the nyt so much, why has their share price doubled since mid 2016?



Because of Trump and the US Government abdicating all responsibility in checking the Executive Branch? NYT's subscriptions jumped after the 2016 election because a free press is extremely vital at this point.

The US is in a very weird spot right now with Democratic norms sliding. Once we exit this weird period and US Government returns to normal, lets see how the NYT's stock price fares then.


> The US is in a very weird spot right now with Democratic norms sliding. Once we exit this weird period and US Government returns to normal, lets see how the NYT's stock price fares then.

I don't think the US Government will ever return to what it used to be pre-Trump, and I think its a good thing. One thing we've seen is just how brittle our Republic really is; how much we rely on so many people doing the right thing. I suspect the new wave of younger Congresspersons, who campaigned in an environment with a completely undemocratic and vile POTUS, will be deeply suspicious of unchecked Presidential authority. And I would argue that's a good thing.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: