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Private equity rips off its investors, too
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I'm coming to DEFCON! TOMORROW (Aug 9), I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). On SATURDAY (Aug 10), I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).
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It's amazing how many of the scams that have devastated our economy and everyday people owe their success to the fact that we assume that rich people know what they're doing, so if they're doing something, it must be real.
Think of how many people lost everything by gambling on junk bonds, exotic mortgage derivatives, cryptocurrency and web3, because they saw that the largest financial institutions in the world were going all-in on these weird, incomprehensible bets.
Then there are the people who are convinced that online advertising is built around a mind-control ray, because tech companies claim that's what they have ("I am an evil dopamine-loop-hacking wizard and I can sell anything to anyone!"), and because huge, sober blue-chip companies hand billions to these soi dissant svengalis. Sure, online ads are a swamp of clickfraud and garbage, but would these super smart captains of industry spend so much on online advertising if it didn't work super-well?
http://pluralistic.net/HowToDestroySurveillanceCapitalism
From our worms'-eye-view here on the ground, it's easy to assume that rich people and the people who sell them stuff are all on the same side. "If you're not paying for the product, you're the product," right? If Facebook is tormenting you with surveillance advertising, it must be doing so on behalf of the surveillance advertisers, for whom Mark Zuckerberg has bottomless reservoirs of honest, forthright impulses.
The reality is simultaneously weirder, and obvious in hindsight. The reason Zuck is tormenting you is that he's a remorseless sociopath who doesn't care who he hurts. He rips off everyone he can rip off, and that includes advertisers, who have seen steady price-hikes and lower-fidelity targeting, even as ad-fraud has skyrocketed while Facebook draws down its anti-fraud spending:
https://www.404media.co/where-facebooks-ai-slop-comes-from/
This is not to say that Facebook advertisers have your best interests at heart, that they aren't engaged in active deception in order to better themselves at your expense. Rather, it's to say that there's no honor among thieves, and Zuck is an equal-opportunity predator. Moreover, both Zuck and his advertisers are credulous dolts, so the mere fact that they are pouring money into something (advertisers: FB ads; Zuck: metaverse) it doesn't follow that these are real or important or the coming thing.
For me, the Ur-example of "rich people are dumb, even when it comes to money" is the private equity sector. I've written a lot about PE, and how destructive it is to the real economy, from Toys R Us to pet grooming:
https://pluralistic.net/2024/08/05/rugged-individuals/#misleading-by-analogy
How they killed Red Lobster:
https://pluralistic.net/2024/05/23/spineless/#invertebrates
And how they actually created the death panels that Sarah Palin warned us about (it's OK, though: these death panels are run by the efficient private sector, not government bureaucrats):
https://pluralistic.net/2023/04/26/death-panels/#what-the-heck-is-going-on-with-CMS
The devastating effect of private equity on the real economy is increasingly well understood, and a curious side-effect of this is that people assume that if PE is destroying their lives, they must be doing so on behalf of their investors, who are making bank.
But – like Zuck – PE bosses are just as happy to steal from their investors as they are to to steal from the workers and customers of the businesses they acquire on those investors' behalf. They swaddle this theft in performative complexity and specialized jargon, but when you strip all that away, you find more fraud.
All the misery that PE inflicts on workers, communities and customers are just a convincer in a Big Store con, a bid to make the scam seem credible. For a certain kind of investor, any economic activity that destroys communities and workers' livelihoods must be a good bet. This is the dynamic at work in the pitch of AI image-generator companies, who spend tens of billions on technology that there is no substantial market for:
https://pluralistic.net/2024/07/25/accountability-sinks/#work-harder-not-smarter
AI image generators represent a high-profile, extremely visible example of "a job that AI can do." Nevermind that AI illustration went from a novelty to a tired cliche in less than a year. Even if you think that AI illustrations are a perfect substitute for commercial illustrations, that still won't come anywhere near making AI companies a profit. Add up the entire wage bill for every commercial illustrator in the world, hand it to Open AI, and you're not even gonna cover the kombucha budget for Open AI's staff kitchens.
Hell, all the wages of every commercial illustrator that ever lived won't pay back even a fraction of the money the AI companies spent on image generators. The pauperization of an entire class of creative workers is just a canned demo, a way to fool investors into thinking that there is a whole universe of similarly situated workers whose wages can be diverted to AI companies. This is the logic of small-time spammers, scaled up to the scale of the entire S&P 500. Smalltime spammers looked at AI and thought, "OK, I can generate as much botshit as I want on demand for free. Science fiction magazines pay $0.10/word. So if I generate a billion words, I'll get $100 million." But that's not how any of that works: sf magazines don't buy botshit, and even if they did, the entire market for short fiction adds up to what Sam Altman spends on a single designer t-shirt. The point of destroying these beloved, useful things isn't to make a lot of money by taking their markets – it's to convince dopey, panicked rich people to give you lots of money you can steal, because they think you can do this to every market and they don't want to miss out on the opportunity of a lifetime:
https://pluralistic.net/2024/01/15/passive-income-brainworms/#four-hour-work-week
Take "divi recaps": after a private equity firm acquires a company (by borrowing money against its assets), it typically declares a "special dividend," emptying out the company's cash reserves and pocketing them. A "divi recap" is when PE then takes out another massive loan against the company's (remaining) assets and pockets that:
https://pluralistic.net/2020/09/17/divi-recaps/#graebers-ghost
All of this happens under an opaque cloud, thanks to the light-to-nonexistent disclosure rules for PE. A public company has to open its books for the SEC, its investors, and the world. PE is private – and so are its finances. It is absolutely routine for PE bosses to put their spouses, kids, and pals on the payroll and hand them millions for doing little to nothing, all at the expense of their investors:
https://www.nakedcapitalism.com/2022/02/sec-set-to-lower-massive-boom-on-private-equity-industry.html
PE bosses charge huge fees to their investors – not merely the usual 2-and-20 (2% of the funds under management and 20% of any profits) – but also a wide variety of special one-off fees that pile to the sky. They also dip into their investors' funds to issue themselves massive loans that they use to make side-bets, without telling the investors about it:
https://pluralistic.net/2022/02/10/monopoly-begets-monopoly/#gary-gensler
PE investors are chickens ripe for the plucking: take "continuation funds," which allow PE bosses to soak the rich people and pension funds who supply them with billions:
https://news.bloomberglaw.com/mergers-and-acquisitions/matt-levines-money-stuff-buyout-funds-buy-from-themselves
Remember 2-and-20? 2% of all the money you manage, every year, and 20% of all the profits. You'd think that these would be somewhat zero sum, right? If you use some of your investors' cash to buy a company, and then sell off that company for a profit, you get the 20%, but now the pot of money you're managing has gone down by the amount you used to buy the company, and so your 2% carry goes down, too.
But what if you sell your portfolio companies to yourself, using your investors' own money? When you do that, you continue to hold the company on your PE firm's books, meaning you continue to get the 2% carry, and you can pocket 20% of the sale price as a "profit":
https://pluralistic.net/2023/07/20/continuation-fraud/#buyout-groups
This is straight-up fraud, wrapped up in so much jargon that it can successfully masquerade as "financial engineering" ("financial engineering" is really just a euphemism for "fraud"). PE bosses keep coming up with new, exotic ways to steal from their investors. The latest scam is "tax receivable agreements":
https://archive.ph/RczJ9
On its face, this is a tax scam. When a company goes public, early investors generally hold stock in the original partnership or LLC; this company ends up holding a ton of shares in the new, public company. When they sell those non-public shares in the LLC, this creates a (potentially gigantic) tax credit.
A TRA hustle involves tracking down these LLC shareholders and convincing them to sign off on dumping the LLC's shares, which generates a huge tax credit for the public company. The hustler offers to split these credits with the LLC holders.
All of this is especially attractive to PE bosses, who often take a company private, do a bunch of "financial engineering" and then take it public again, leaving the PE firm as the owner of those LLC shares that can be converted to a TRA and a huge windfall – which the PE bosses pocket, because they (not their investors) are holding those credits.
This scam is really doing big numbers. KKR – the monsters who killed Toys R Us – just diverted $650 million in TRA loot, prompting a lawsuit from Steamfitters union pension fund, which had handed these jerks millions of its members' money to gamble with:
https://archive.ph/kqQvI
This highlights another very weird aspect of the PE scam: they are absolutely dependent on pension funds. To add insult to injury, PE funds are notorious union-busters – they use union money to buy companies and destroy their unions:
https://pluralistic.net/2023/10/05/mr-gotcha/#no-ethical-consumption-under-capitalism
People who try to understand the PE business model often give up, because it seems to make no sense, leading many to assume that they're too unsophisticated to grasp the complex financials here. For example, PE is absolutely dependent on massive loans as a way of looting its businesses, but it also often defaults on those loans. Why do banks and investors keep making huge loans to PE deadbeats? Because – like the PE fund investors – they are credulous dolts.
The reason PE seems like a scam is that it is a scam. It is a fractal scam – every part of it is a scam. You might have heard about the "carried interest" tax loophole that allows PE bosses to avoid billions in taxes on the money they steal from their investors, creditors, workers and customers. Most people assume "carried interest" has something to do with "interest" on a loan. Nope: "carried interest" is a 16th century nautical tax rule designed for mercantalist sea-captains who had an "interest" in the cargo they "carried":
https://pluralistic.net/2021/04/29/writers-must-be-paid/#carried-interest
But rich people and other "sophisticated investors" (like pension fund investment managers) are no smarter than the rest of us. They are herd animals. When they see other rich people piling into some scheme or asset class, they rush to join them, which makes the asset price go up, which makes them think they're smart (until the inevitable rug-pull). When one plute jumps off the Empire State Building, the rest of them jump, too.
Which is why there's more money flooding into PE than at any time in history, $2.62T in "dry powder," handed over to greedy, thieving PE bosses in a poker game where everyone is the sucker at the table:
https://www.institutionalinvestor.com/article/2di1vzgjcmzovkcea8f0g/portfolio/private-equitys-dry-powder-mountain-reaches-record-height
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If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/08/08/sucker-at-the-table/#clucks-definance
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frenzyarts · 10 months
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Tomorrow is 4dopt day (aka Saturday, the day of the week newcomers can make an account) so it's time for my 4dopt propaganda! This game is so fun and I NEED more people to know about it!!! :3
Here are some of my pets, all of whom I've decorated myself!! (chose the colors/accessories/ect)
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There's also a live chat where everyone is always chit chatting :3 Here's my referral link!! https://www.4dopt.com/signup.php?referid=3022
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hi would you be able to please share this post about ending canadian complicity and what we can do for the icj case happening today and tomorrow?
https :// www. instagram. com/p/ C18AdPhpOlv/?igsh=d3YwdDVieWk3Njd6
the link is spaced a bit so the ask goes through. I would post it myself but for some reason my photos don’t upload properly on tumblr
instagram
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foreverdreamsds · 6 months
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Karrie is in for her second heartworm treatment injection. Tomorrow will be her last one! She will be available and looking for her forever family.
If you would like to donate to her care you can do so via Facebook, PayPal [email protected], Venmo @foreverdreamsds, Cashapp Sforeverdreamsds, Zelle: [email protected] our website https:/ www.
foreverdreamseniordogsanctuary.org or mail to
PO Box 521 Tryon NC 28782
Thank you❤️
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etherealeden · 21 days
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the spiritual and psychological way of processing negative emotions and regulating your nervous system
explore the other chapters on my blog
Part 3a: The Emotional Scale
The emotional scale by Abraham Hicks is a tool designed to help individuals understand and shift their emotional states. The scale ranks emotions from the most positive to the most negative, with the idea that higher emotions align more closely with our true self and well-being. 🌟 The goal is to recognize where you currently fall on the scale and take steps to move up to a higher emotional state. 🌼
To work with this emotional scale, I start by identifying the emotion I’m currently experiencing. For example, if I’m feeling anger, I allow myself to fully experience it. I sit with the emotion and focus on intensifying it in my body, recognizing that it's safe to feel emotions in this way. 💖 This practice is not about harming anyone; in fact, it’s a healthy way to process and release emotions. 🌸 Often, simply acknowledging and fully experiencing the emotion will help it subside on its own. 🌺 If I’m still feeling anger, I try to shift my focus to a higher-frequency emotion that feels authentic to me at that moment.
Here’s an example: I have a limiting belief from childhood that I am not validated or seen enough by my mom. Recently, when I shared something important with her and she didn’t remember it the next day, I felt angry. I felt this anger in my body, so I couldn’t just ignore it. I went to my room and sat with the emotion of anger. After processing it, I was able to shift to a higher emotional state by reminding myself that my mom loves me and is simply stressed from working hard to provide for us. This way I could feel gratitude and love, higher vibrating emotions. 💖✨ It is okay if there is still a bit of anger present; a feeling doesn’t have to go away completely from one second to another. 🌸
Read more on the emotional guidance scale here:
https://www.1111now.com/emotional-guidance-scale/
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Part 3b tomorrow <3
Yours sincerely, Nina 🌺
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mifeeey · 3 months
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JOIN ME TOMORROW (JULY 5TH) IN EMBARKING INTO THE WORLD OF ZENLESS ZONE ZERO - A GAME I'VE BEEN ANTICIPATING FOR SO LONG
TIME WILL BE 4PM (CEST) FOR AS LONG AS I CAN PHYSICALLY GO!!!
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studiodaydream · 4 months
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Holy Shit Ultimate DOOM was so FUN!
Honestly thank you guys for watching and hopefully I can finish God of War 2 tomorrow!
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Watch the VOD here!
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follyknight · 5 months
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✨HEY TUMBLR!! Tomorrow is my birthday!!🎉
Could you do me a solid? All I really want for my birthday is for all the hard work my friends and I have been putting in to our youtube channel to pay off a teensy bit. We're a group of streamers and artists who love to make sillies, and 80% of us are some form of beast or robot!
We have a pretty good catalogue now of both Youtube Shorts and Collab VODs, so if you'd like, take a look at the clip posted below, and if you like us please check us out! It would mean so so so much to me! 💚🐙
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Looks like as a part of his climate summit later this week, E&B are hosting a dinner for leaders/their partners at the Élysée, so between today, tomorrow’s fête de la musique, and this dinner Thursday - we’re gonna be so spoiled this week with Les Macron content. 🤩
https://www-estadao-com-br.translate.goog/internacional/mulher-de-macron-convida-janja-para-piquenique-em-paris/?utm_source=twitter:newsfeed&utm_medium=social-organic&utm_campaign=redes-sociais:062023:e&utm_content=:::&utm_term&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Bring it on, my body is ready!
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2600’s amazing Hackers on Planet Earth con may go down under enshittification
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Catch me in Miami! I'll be at Books and Books in Coral Gables on Jan 22 at 8PM.
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It's been 40 years since Emmanuel Goldstein launched the seminal, essential, world-changing 2600: The Hacker Quarterly. 2600 wasn't the first phreak/hacker zine, but it was the most important, spawning a global subculture dedicated to the noble pursuit of technological self-determination:
https://www.2600.com/
2600 has published hundreds of issues in which digital spelunkers report eagerly on the things they've discovered by peering intently at the things no one was supposed to even glance at (I'm proud to be one of those writers!). They've fought legal battles, including one that almost went to the Supreme Court:
https://en.wikipedia.org/wiki/DeCSS
They created a global network of meetups where some of technology's most durable friendships and important collaborations were born. These continue to this day:
https://www.2600.com/meetings
And they've hosted a weekly radio show on NYC's WBAI, Off the Hook:
https://wbai.org/program.php?program=76
When WBAI management lost their minds and locked the station's most beloved hosts out of the studio, Off the Hook (naturally) led the rebellion, taking back the station for its audience, rescuing it from a managerial coup:
https://twitter.com/2600/status/1181423565389942786
But best of all, 2600 gave us HOPE – both in the metaphorical sense of "hope for a better technological tomorrow" and in the literal sense, with its biannual Hackers On Planet Earth con:
https://en.wikipedia.org/wiki/Hackers_on_Planet_Earth
For decades HOPE had an incredible venue, the Hotel Pennsylvania (memorialized in the phreak anthem "PEnnsylvania 6-5000"), a crumbling pile in midtown Manhattan that was biannually transformed into a rollicking, multi-day festival of forbidden technology, improbable feats, and incredible presentations. I was privileged to keynote HOPE in 2016:
https://www.youtube.com/watch?v=f1D7APjmVbk
But after the 2018 HOPE, the Hotel Pennsylvania was demolished to make way for the Penn15 (no, really) skyscraper, a vaporware mega-tower planned as a holding pen for luxury shopping and empty million-dollar condos sold to offshore war-criminals as safe-deposit boxes in the sky. The developer, Vornado (no, really) hasn't actually done all that – after demo'ing the Hotel Pennsylvania, they noped out, leave a large, unusable scar across midtown.
But HOPE wasn't lost. In 2022, the ever-resilient 2600 crew relocated to Queens, hosted by St John's University – a venue that was less glamorous that the Hotel Pennsylvania, but the event was still fantastic. Attendance fell from 2,000 to 1,000, but that was something they could work with, and reviews from attendees were stellar.
Good thing, too. 2600 is, first and foremost, a magazine publisher, and these have been hard years for magazines. First there was the mass die-off of indie bookstores and newsracks (I used to sell 2600 when I was a bookseller, and in the years after, I always took the presence of 2600 on a store's newsrack as an unimpeachable mark of quality).
Thankfully for 2600, their audience is (unsurprisingly) a tech-savvy one, so they were able to substitute digital subscriptions for physical ones:
https://www.2600.com/Magazine/DigitalEditions
Of course, many of those subscriptions came through Amazon's Kindle, because nerds were early Amazon adopters, and because the Kindle magazine publishing platform offered DRM-free distribution to subscribers along with a fair payout to publishers.
But then Amazon enshittified its magazine system. Having locked publishers to its platform, it rugged them and killed the monthly subscription fees that allowed publishers to plan for a steady output. Publishers were given a choice: leave Amazon (and all the readers locked inside its walled garden) or put your magazine into the Kindle Unlimited system:
https://www.amazon.com/kindle-dbs/arp/B0BWPTCP4K?deviceType=A1FG5NAKX0MRJL
Kindle Unlimited is an all-you-can-eat program for Kindle, which pays publishers and writers based on a system that is both opaque and easily gamed, with the lion's share of the money going to "publishers" who focus on figuring out how to cheat the algorithm. Revenues for 2600 – and all the other magazines that Amazon had sucked in and sucked dry – fell off a cliff.
Which brings me to the present moment. After 40 years, 2600 is still at it, having survived the bookstorepocalypse, the lunacy of public radio management, the literal demolition of their physical home by an evil real-estate developer, and Amazon's crooked accounting.
This is 2600, circa 2024, and 2024 a HOPE year:
https://www.hope.net/
Once again, HOPE has been scheduled for its new digs in Queens, July 12-14. Last week, HOPE sent out an email blast to their subscribers telling them the news. They expected to sell 500 tickets in the first 24 hours. They didn't even come close:
https://www.2600.com/content/hope-ticket-sales-update
It turns out that Google and the other major mail providers don't like emails with the word "hacker" in them. The cartel that decides which email gets delivered, and which messages go to spam, or get blocked altogether, mass-blocked the HOPE 2024 announcement. Email may be the last federated, open platform we have, but mass concentration has created a system where it's nearly impossible to get your email delivered unless you're willing to play by Gmail's rules:
https://pluralistic.net/2021/10/10/dead-letters/
For Emmanuel Goldstein, founder of 2600 and tireless toiler for this community, the deafening silence following from that initial email volley was terrifying: "like some kind of a "Twilight Zone" episode where everyone has disappeared."
The enshittification that keeps 2600's emails from being delivered to the people who asked to receive them is even worse on social media. Social media companies routinely defraud their users by letting them subscribe to feeds, then turning around to the people and organizations that run those feeds and saying, "You've got x thousand subscribers on this platform, but we won't put your posts in their feeds unless you pay us to 'boost' your content":
https://www.eff.org/deeplinks/2023/04/platforms-decay-lets-put-users-first
Enshittification has been coming at 2600 for decades. Like other forms of oddball media dedicated to challenging corporate power and government oppression, 2600 has always been a ten-years-ahead preview of the way the noose was gonna tighten on all of us. And now, they're on the ropes. HOPE can't sell tickets unless people know about HOPE, and neither email providers nor social media platforms have any interest in making that happen.
A handful of giant corporations now get to decide what we read, who we hear from, and whether and how we can get together in person to make friends, forge community, rabble-rouse and change the world. The idea that "it's not censorship unless the government does it" has always been wrong (not all censorship violates the First Amendment, and censorship can be real without being unconstitutional):
https://pluralistic.net/2022/12/04/yes-its-censorship/
What can you do about it? Well, for one thing, you can sign up for HOPE. It's gonna be great. They've got sub-$100 hotel rooms! In New York City!
https://store.2600.com/products/tickets-to-hope-xv
If you can't make it to HOPE, you can sign up for a virtual membership:
https://store.2600.com/products/tickets-to-hope-xv-virtual-attendee
You can submit a talk to HOPE:
https://www.hope.net/cfp.html
You can subscribe to 2600, in print or electronically (I signed up for the lifetime print subscription and it was a bargain – I devour every issue the day it arrives):
https://store.2600.com/collections/subscriptions-renewals
2600 is living a decade in the future of every other community you care about, weird hobby you enjoy, con you live for, and publication you read from cover to cover. If we can all pull together to save it, it'll be a beacon of hope (and HOPE).
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I'm Kickstarting the audiobook for The Bezzle, the sequel to Red Team Blues, narrated by @wilwheaton! You can pre-order the audiobook and ebook, DRM free, as well as the hardcover, signed or unsigned. There's also bundles with Red Team Blues in ebook, audio or paperback.
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If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/01/19/hope-less/#hack-the-planet
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2000cigars · 2 years
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The Cohiba 55th Anniversary Cigar, code name: Victoria! Available tomorrow, Friday December 9th, at 2000 Cigars online at www.2000cigars.ca or instore at 881 Dunsmuir St. #2000cigars #2000cigarsdelivery #Cohiba #cohiba55anniversarycigar #cohibavictoria #cohiba55th #myhabanosmoment #cigarlover https://www.instagram.com/p/Cl7reJjrgd2/?igshid=NGJjMDIxMWI=
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razcity · 2 years
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https://www.32auctions.com/organizations/62218/auctions/130578?page=3&r=1&t=all&fbclid=IwAR18oOWczfP1vWMsKz5AeaYwUy3CaPJZX5U1UBvb6Yx6T4Dt3nBcH8wmnBY Great crowd at the gallery. Paintings ate up right now online (go to my Link.tree in my bio to bid) bidding will go on til tomorrow 9/25/22 6pm EST. If any of the pieces are left you’ll need to contact @abvgallery if interested. A few already have bids going. If you want to acquire one for collection get in on that bidding or you might just miss it. #abvgallery #artshow #atlantaartshow #atlartshow #buyart #bidonart #addarttoyourlife #batman #bat #spiderman #spider #arachnid #moose #bullwinkle #squirrel #flyingsquirrel #rocky #rockyandbullwinkle #astronaut #buzzlightyear #heckleandjeckle #magpies #marvelcomics #dccomics #popart #lowbrow #supportartists #framedart #art #illustration https://www.instagram.com/p/Ci6jahDOYU8/?igshid=NGJjMDIxMWI=
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360homesecurity · 16 days
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Out in Rainham today, carrying out a installation of a 6 Swann IP CCTV cameras.
Will be back tomorrow to complete the installation.
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dan6085 · 22 days
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Top 25 KPOP Aug 2024:
1. **BTS**
- **Debuted:** June 12, 2013
- **Members:** RM, Jin, Suga, J-Hope, Jimin, V, Jungkook
- **Instagram Followers:** 74.7M
2. **BLACKPINK**
- **Debuted:** August 8, 2016
- **Members:** Jisoo, Jennie, Rosé, Lisa
- **Instagram Followers:** 57.8M
3. **EXO**
- **Debuted:** April 8, 2012
- **Members:** 9
- **Instagram Followers:** 10.7M
4. **TWICE**
- **Debuted:** October 20, 2015
- **Members:** 9
- **Instagram Followers:** 29.8M
5. **Stray Kids**
- **Debuted:** March 25, 2018
- **Members:** 8
- **Instagram Followers:** 29.4M
6. **ITZY**
- **Debuted:** February 12, 2019
- **Members:** 5
- **Instagram Followers:** 20.2M
7. **NCT**
- **Debuted:** July 7, 2016
- **Members:** Varies
- **Instagram Followers:** 17.3M
8. **TXT (Tomorrow X Together)**
- **Debuted:** March 4, 2019
- **Members:** 5
- **Instagram Followers:** 15.9M
9. **Seventeen**
- **Debuted:** May 26, 2015
- **Members:** 13
- **Instagram Followers:** 14.7M
10. **Red Velvet**
- **Debuted:** August 1, 2014
- **Members:** 5
- **Instagram Followers:** 12.2M
11. **(G)I-DLE**
- **Debuted:** May 2, 2018
- **Members:** 6
- **Instagram Followers:** 12.9M
12. **NewJeans**
- **Debuted:** July 2022
- **Members:** 5
- **Instagram Followers:** 11.9M
13. **ATEEZ**
- **Debuted:** October 24, 2018
- **Members:** 8
- **Instagram Followers:** 9.3M
14. **MAMAMOO**
- **Debuted:** June 19, 2014
- **Members:** 4
- **Instagram Followers:** 7.5M
15. **GOT7**
- **Debuted:** January 16, 2014
- **Members:** 7
- **Instagram Followers:** 6.2M
16. **IVE**
- **Debuted:** December 1, 2021
- **Members:** 6
17. **LE SSERAFIM**
- **Debuted:** May 2, 2022
- **Members:** 5
18. **aespa**
- **Debuted:** November 17, 2020
- **Members:** 4
19. **Super Junior**
- **Debuted:** November 6, 2005
- **Members:** 9
20. **SHINee**
- **Debuted:** May 25, 2008
- **Members:** 5
21. **MONSTA X**
- **Debuted:** May 14, 2015
- **Members:** 6
22. **VIVIZ**
- **Debuted:** February 9, 2022
- **Members:** 3
23. **STAYC**
- **Debuted:** November 12, 2020
- **Members:** 6
24. **BB Girls**
- **Debuted:** 2011 (as Brave Girls)
- **Members:** 4
25. **iKON**
- **Debuted:** September 15, 2015
- **Members:** 7
These groups represent the current landscape of K-pop, showcasing a mix of established and rising stars in the industry[1][2][3][4].
Sources
[1] Top 16 Most Popular K-Pop Groups in the World 2024 https://koreanown.com/top-15-most-popular-k-pop-groups-in-the-world-2023/
[2] 25 Best K-Pop Groups - K-Pop Bands to Know - Cosmopolitan https://www.cosmopolitan.com/entertainment/music/a26474652/best-k-pop-bands/
[3] Top 15 K-pop Girl Groups in 2024 - Dance Vision Blog https://blog.dancevision.com/top-kpop-girl-groups
[4] KPop Groups – Most popular bands and artists of all time - 90 Day Korean https://www.90daykorean.com/best-kpop-groups/
[5] The 2024 Billboard K-Pop Artist 100 https://www.billboard.com/lists/k-pop-artist-100-list-2024-ranked/
[6] List of K-pop on the Billboard year-end charts - Wikipedia https://en.wikipedia.org/wiki/List_of_K-pop_on_the_Billboard_year-end_charts
[7] Kpop groups ranking https://kpopping.com/database/group/ranking
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emmagoldberg · 4 months
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DEMAIN 17H -- TOMORROW 5PM « JUST LIKE EMMA » ON 242 RADIO UK -- ENGLISH
"Just Like Emma" Sur 242 RADIO UK will be broadcasted every 2 weeks at the following times; "Just Like Emma" Sur 242 RADIO UK sera diffusée pendant 2 semaines aux heures suivantes;
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trickywebsolution · 5 months
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Unraveling Blockchain Development: Solutions for Tomorrow's Challenges
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