#uber-venture

[mostlysignssomeportents]

No, Uber's (still) not profitable

Going to Defcon this weekend? I'm giving a keynote, "An Audacious Plan to Halt the Internet's Enshittification and Throw it Into Reverse," on Saturday at 12:30pm, followed by a book signing at the No Starch Press booth at 2:30pm!

https://info.defcon.org/event/?id=50826

Bezzle (n): 1. "the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it" (JK Gabraith) 2. Uber.

Uber was, is, and always will be a bezzle. There are just intrinsic limitations to the profits available to operating a taxi fleet, even if you can misclassify your employees as contractors and steal their wages, even as you force them to bear the cost of buying and maintaining your taxis.

The magic of early Uber – when taxi rides were incredibly cheap, and there were always cars available, and drivers made generous livings behind the wheel – wasn't magic at all. It was just predatory pricing.

Uber lost $0.41 on every dollar they brought in, lighting $33b of its investors' cash on fire. Most of that money came from the Saudi royals, funneled through Softbank, who brought you such bezzles as WeWork – a boring real-estate company masquerading as a high-growth tech company, just as Uber was a boring taxi company masquerading as a tech company.

Predatory pricing used to be illegal, but Chicago School economists convinced judges to stop enforcing the law on the grounds that predatory pricing was impossible because no rational actor would choose to lose money. They (willfully) ignored the obvious possibility that a VC fund could invest in a money-losing business and use predatory pricing to convince retail investors that a pile of shit of sufficient size must have a pony under it somewhere.

This venture predation let investors – like Prince Bone Saw – cash out to suckers, leaving behind a money-losing business that had to invent ever-sweatier accounting tricks and implausible narratives to keep the suckers on the line while they blew town. A bezzle, in other words:

https://pluralistic.net/2023/05/19/fake-it-till-you-make-it/#millennial-lifestyle-subsidy

Uber is a true bezzle innovator, coming up with all kinds of fairy tales and sci-fi gimmicks to explain how they would convert their money-loser into a profitable business. They spent $2.5b on self-driving cars, producing a vehicle whose mean distance between fatal crashes was half a mile. Then they paid another company $400 million to take this self-licking ice-cream cone off their hands:

https://pluralistic.net/2022/10/09/herbies-revenge/#100-billion-here-100-billion-there-pretty-soon-youre-talking-real-money

Amazingly, self-driving cars were among the more plausible of Uber's plans. They pissed away hundreds of millions on California's Proposition 22 to institutionalize worker misclassification, only to have the rule struck down because they couldn't be bothered to draft it properly. Then they did it again in Massachusetts:

https://pluralistic.net/2022/06/15/simple-as-abc/#a-big-ask

Remember when Uber was going to plug the holes in its balance sheet with flying cars? Flying cars! Maybe they were just trying to soften us up for their IPO, where they advised investors that the only way they'd ever be profitable is if they could replace every train, bus and tram ride in the world:

https://48hills.org/2019/05/ubers-plans-include-attacking-public-transit/

Honestly, the only way that seems remotely plausible is when it's put next to flying cars for comparison. I guess we can be grateful that they never promised us jetpacks, or, you know, teleportation. Just imagine the market opportunity they could have ascribed to astral projection!

Narrative capitalism has its limits. Once Uber went public, it had to produce financial disclosures that showed the line going up, lest the bezzle come to an end. These balance-sheet tricks were as varied as they were transparent, but the financial press kept falling for them, serving as dutiful stenographers for a string of triumphant press-releases announcing Uber's long-delayed entry into the league of companies that don't lose more money every single day.

One person Uber has never fooled is Hubert Horan, a transportation analyst with decades of experience who's had Uber's number since the very start, and who has done yeoman service puncturing every one of these financial "disclosures," methodically sifting through the pile of shit to prove that there is no pony hiding in it.

In 2021, Horan showed how Uber had burned through nearly all of its cash reserves, signaling an end to its subsidy for drivers and rides, which would also inevitably end the bezzle:

https://pluralistic.net/2021/08/10/unter/#bezzle-no-more

In mid, 2022, Horan showed how the "profit" Uber trumpeted came from selling off failed companies it had acquired to other dying rideshare companies, which paid in their own grossly inflated stock:

https://pluralistic.net/2022/08/05/a-lousy-taxi/#a-giant-asterisk

At the end of 2022, Horan showed how Uber invented a made-up, nonstandard metric, called "EBITDA profitability," which allowed them to lose billions and still declare themselves to be profitable, a lie that would have been obvious if they'd reported their earnings using Generally Accepted Accounting Principles (GAAP):

https://pluralistic.net/2022/02/11/bezzlers-gonna-bezzle/#gryft

Like clockwork, Uber has just announced – once again – that it is profitable, and once again, the press has credulously repeated the claim. So once again, Horan has published one of his magisterial debunkings on Naked Capitalism:

https://www.nakedcapitalism.com/2023/08/hubert-horan-can-uber-ever-deliver-part-thirty-three-uber-isnt-really-profitable-yet-but-is-getting-closer-the-antitrust-case-against-uber.html

Uber's $394m gains this quarter come from paper gains to untradable shares in its loss-making rivals – Didi, Grab, Aurora – who swapped stock with Uber in exchange for Uber's own loss-making overseas divisions. Yes, it's that stupid: Uber holds shares in dying companies that no one wants to buy. It declared those shares to have gained value, and on that basis, reported a profit.

Truly, any big number multiplied by an imaginary number can be turned into an even bigger number.

Now, Uber also reported "margin improvements" – that is, it says that it loses less on every journey. But it didn't explain how it made those improvements. But we know how the company did it: they made rides more expensive and cut the pay to their drivers. A 2.9m ride in Manhattan is now $50 – if you get a bargain! The base price is more like $70:

https://www.wired.com/story/uber-ceo-will-always-say-his-company-sucks/

The number of Uber drivers on the road has a direct relationship to the pay Uber offers those drivers. But that pay has been steeply declining, and with it, the availability of Ubers. A couple weeks ago, I found myself at the Burbank train station unable to get an Uber at all, with the app timing out repeatedly and announcing "no drivers available."

Normally, you can get a yellow taxi at the station, but years of Uber's predatory pricing has caused a drawdown of the local taxi-fleet, so there were no taxis available at the cab-rank or by dispatch. It took me an hour to get a cab home. Uber's bezzle destroyed local taxis and local transit – and replaced them with worse taxis that cost more.

Uber won't say why its margins are improving, but it can't be coming from scale. Before the pandemic, Uber had far more rides, and worse margins. Uber has diseconomies of scale: when you lose money on every ride, adding more rides increases your losses, not your profits.

Meanwhile, Lyft – Uber's also-ran competitor – saw its margins worsen over the same period. Lyft has always been worse at lying about it finances than Uber, but it is in essentially the exact same business (right down to the drivers and cars – many drivers have both apps on their phones). So Lyft's financials offer a good peek at Uber's true earnings picture.

Lyft is actually slightly better off than Uber overall. It spent less money on expensive props for its long con – flying cars, robotaxis, scooters, overseas clones – and abandoned them before Uber did. Lyft also fired 24% of its staff at the end of 2022, which should have improved its margins by cutting its costs.

Uber pays its drivers less. Like Lyft, Uber practices algorithmic wage discrimination, Veena Dubal's term describing the illegal practice of offering workers different payouts for the same work. Uber's algorithm seeks out "pickers" who are choosy about which rides they take, and converts them to "ants" (who take every ride offered) by paying them more for the same job, until they drop all their other gigs, whereupon the algorithm cuts their pay back to the rates paid to ants:

https://pluralistic.net/2023/04/12/algorithmic-wage-discrimination/#fishers-of-men

All told, wage theft and wage cuts by Uber transferred $1b/quarter from labor to Uber's shareholders. Historically, Uber linked fares to driver pay – think of surge pricing, where Uber charged riders more for peak times and passed some of that premium onto drivers. But now Uber trumpets a custom pricing algorithm that is the inverse of its driver payment system, calculating riders' willingness to pay and repricing every ride based on how desperate they think you are.

This pricing is a per se antitrust violation of Section 2 of the Sherman Act, America's original antitrust law. That's important because Sherman 2 is one of the few antitrust laws that we never stopped enforcing, unlike the laws banning predator pricing:

https://ilr.law.uiowa.edu/sites/ilr.law.uiowa.edu/files/2023-02/Woodcock.pdf

Uber claims an 11% margin improvement. 6-7% of that comes from algorithmic price discrimination and service cutbacks, letting it take 29% of every dollar the driver earns (up from 22%). Uber CEO Dara Khosrowshahi himself says that this is as high as the take can get – over 30%, and drivers will delete the app.

Uber's food delivery service – a baling wire-and-spit Frankenstein's monster of several food apps it bought and glued together – is a loser even by the standards of the sector, which is unprofitable as a whole and experiencing an unbroken slide of declining demand.

Put it all together and you get a picture of the kind of taxi company Uber really is: one that charges more than traditional cabs, pays drivers less, and has fewer cars on the road at times of peak demand, especially in the neighborhoods that traditional taxis had always underserved. In other words, Uber has broken every one of its promises.

We replaced the "evil taxi cartel" with an "evil taxi monopolist." And it's still losing money.

Even if Lyft goes under – as seems inevitable – Uber can't attain real profitability by scooping up its passengers and drivers. When you're losing money on every ride, you just can't make it up in volume.

Image: JERRYE AND ROY KLOTZ MD (modified) https://commons.wikimedia.org/wiki/File:LA_BREA_TAR_PITS,_LOS_ANGELES.jpg

CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0/deed.en

I’m kickstarting the audiobook for “The Internet Con: How To Seize the Means of Computation,” a Big Tech disassembly manual to disenshittify the web and bring back the old, good internet. It’s a DRM-free book, which means Audible won’t carry it, so this crowdfunder is essential. Back now to get the audio, Verso hardcover and ebook:

http://seizethemeansofcomputation.org

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/2023/08/09/accounting-gimmicks/#unter

Image: JERRYE AND ROY KLOTZ MD (modified) https://commons.wikimedia.org/wiki/File:LA_BREA_TAR_PITS,_LOS_ANGELES.jpg

CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0/deed.en

[iniyaas]

Taking a risk and saving this yt commentary here cuz it's a rose in the minefields of Kaiser hate lmao (x)

ALT TEXT under cut

Isagi has: Kurona, Raichi, Hiori. And, on rare occasions, he helps from Kunigami and Yukimiya, and from Noa when he enters the field.

Barou HAS ALL THE EQUIPMENT FOR HIM. The team, the scheme, the plays, the plays, it's all for him.

Rin has a system for him. And the PXG team does not refuse to pass it on. Tokimitsu, Nanase and others are his allies.

Kaiser literally had Ness and he had Grimm. Grimm is out.

And you can't see how much the players defended Kaiser. Lorenzo, Aiku, Sendou, Aryu, Fukaku. Super goal. Shidou, Karasu, Tokimitsu, Nanase and others? and fail.

Who players defended isagi? Ah, "YES, THE TWO RANDOM PXG THAT CAN'T DEFEND. YES, ISAGOAT IS BETTER THAN KAISER!" Literally, Isagi's three objectives at NEL are: -Depends on an ally (or two, or more). -Depends on stupid mistakes by the defense (like not having physical contact and not moving).

I'm going to give you a simple example of why Isagi's performance, in the eyes of those who DO NOT REASON, seems greater: because Kaiser is on the team. If you take out the team's biggest threat, someone has to replace him. Isagi can't do it. He doesn't have the physique, the resources, the precision, or anything like that. When Barcelona had Messi, Messi was the main focus of the defenders, it was even natural for other big clubs to admit that he was going to score goals for them, they studied it in practice before because they wanted to TRY to defend him, and they were never able to cancel it out. And Messi had the team in his favor (It is not a disdain, obviously the best player in history deserves that, it is logical to play for the best on your team, in the end everyone wants to win).

If you have Kaiser, and you know that his kick is synonymous with a goal, you have to AT LEAST put three defenders on him. And AT LEAST you are going to leave two other players more or less free, but it will hurt you in the end.

An entertaining exercise to see the performance of Kaiser and Isagi is to see what would have happened, if, for example, Kaiser had not been a participant in the duel against Manshine, or Ubers. Spoiler: they would have lost brutally. Several performances in defense and attack were generated by him. In fact, he scored a goal in both games.

[aropride]

doctor's appointment scheduled 👍

[vikramsharma]

How come ola cabs keeps getting funding even when the founder don't know much rather then growing funny long hairs and on the side RideBoom founder who hold a decade of experience in on demand ride share business?

The Ride-Hailing Conundrum: Ola Cabs' Funding Frenzy vs RideBoom's Experience-based Approach 🚕💰

It's baffling to see Ola Cabs continue to rake in funding despite its founder's lack of domain expertise. Meanwhile, RideBoom's founder, with a decade of experience in the on-demand ride-sharing business, struggles to get the recognition he deserves. 🤔

What's behind this paradox? Is it the allure of Ola's flashy marketing and trendy hairstyles or the fact that investors are willing to overlook its founder's inexperience in favor of short-term gains? 🤑

On the other hand, RideBoom's founder has spent years honing his craft, building a solid understanding of the industry, and developing a vision for a safer, more sustainable ride-hailing experience. Shouldn't that count for something? 🙏

It's time for investors to take a closer look at the substance behind the style. Experience and expertise matter, especially in a complex industry like ride-hailing. RideBoom deserves a fair shot at success, and it's time to give its founder the recognition he deserves. 💪

#RideBoom #OlaCabs #ExperienceMatters #SubstanceOverStyle #RideHailing #Investment"**

[rideboomindia]

RideBoom is the most affordable taxi and bike ride-share app and the first bootstrap startup so far to launch its app in more than 6 cities.

Most of the on-demand rideshare applications are convenient and secure and are available almost 24/7 to book a cab or bike ride. Booking a cab via these applications is sometimes cheaper in comparison to taking a regular taxi, as the app shows fare prices according to distance and time.

But the fares shown in these ride-hailing apps are not always the same fares the taxi and bike ride fares fluctuate many times and there are many hidden reasons for this and one of them is surge prices.

When the users' demand is high the fares increase or auction this is called the surge price it's a trap or trick to charge the customers more because in the end the driver is still not making much out of this, and he will still get charged the higher commission for providing his services.

According to these surge price apps, it's the incentives for the drivers to provide the service? By charging more to the regular customers?

RideBoom doesn't have the surge price and charges its customers when they need us the most on the other hand the drivers always get paid the incentives and they have the chance to serve their own attached customers and can earn the whole amount of the ride.

It is always a better idea to compare the fare and check on the RideBoom app or you even can make a booking without checking because RideBoom provides the most affordable rides for taxi and bike service.

RideBoom is now availed in more than 5 cities with taxi and bike rides and very soon it's preparing to add a small delivery truck service as well.

Riders Advantages

Bonus ride credits of up to 500 Rs on downloading the app

Ride credits RB coins at the end of each ride

Select the driver's gender for your safety

Share the live trip details with loved ones  

Download the RideBoom app

Let's RideBoom Kolkata.

[phantomrose96]

If anyone wants to know why every tech company in the world right now is clamoring for AI like drowned rats scrabbling to board a ship, I decided to make a post to explain what's happening.

(Disclaimer to start: I'm a software engineer who's been employed full time since 2018. I am not a historian nor an overconfident Youtube essayist, so this post is my working knowledge of what I see around me and the logical bridges between pieces.)

Okay anyway. The explanation starts further back than what's going on now. I'm gonna start with the year 2000. The Dot Com Bubble just spectacularly burst. The model of "we get the users first, we learn how to profit off them later" went out in a no-money-having bang (remember this, it will be relevant later). A lot of money was lost. A lot of people ended up out of a job. A lot of startup companies went under. Investors left with a sour taste in their mouth and, in general, investment in the internet stayed pretty cooled for that decade. This was, in my opinion, very good for the internet as it was an era not suffocating under the grip of mega-corporation oligarchs and was, instead, filled with Club Penguin and I Can Haz Cheezburger websites.

Then around the 2010-2012 years, a few things happened. Interest rates got low, and then lower. Facebook got huge. The iPhone took off. And suddenly there was a huge new potential market of internet users and phone-havers, and the cheap money was available to start backing new tech startup companies trying to hop on this opportunity. Companies like Uber, Netflix, and Amazon either started in this time, or hit their ramp-up in these years by shifting focus to the internet and apps.

Now, every start-up tech company dreaming of being the next big thing has one thing in common: they need to start off by getting themselves massively in debt. Because before you can turn a profit you need to first spend money on employees and spend money on equipment and spend money on data centers and spend money on advertising and spend money on scale and and and

But also, everyone wants to be on the ship for The Next Big Thing that takes off to the moon.

So there is a mutual interest between new tech companies, and venture capitalists who are willing to invest $$$ into said new tech companies. Because if the venture capitalists can identify a prize pig and get in early, that money could come back to them 100-fold or 1,000-fold. In fact it hardly matters if they invest in 10 or 20 total bust projects along the way to find that unicorn.

But also, becoming profitable takes time. And that might mean being in debt for a long long time before that rocket ship takes off to make everyone onboard a gazzilionaire.

But luckily, for tech startup bros and venture capitalists, being in debt in the 2010's was cheap, and it only got cheaper between 2010 and 2020. If people could secure loans for ~3% or 4% annual interest, well then a $100,000 loan only really costs $3,000 of interest a year to keep afloat. And if inflation is higher than that or at least similar, you're still beating the system.

So from 2010 through early 2022, times were good for tech companies. Startups could take off with massive growth, showing massive potential for something, and venture capitalists would throw infinite money at them in the hopes of pegging just one winner who will take off. And supporting the struggling investments or the long-haulers remained pretty cheap to keep funding.

You hear constantly about "Such and such app has 10-bazillion users gained over the last 10 years and has never once been profitable", yet the thing keeps chugging along because the investors backing it aren't stressed about the immediate future, and are still banking on that "eventually" when it learns how to really monetize its users and turn that profit.

The pandemic in 2020 took a magnifying-glass-in-the-sun effect to this, as EVERYTHING was forcibly turned online which pumped a ton of money and workers into tech investment. Simultaneously, money got really REALLY cheap, bottoming out with historic lows for interest rates.

Then the tide changed with the massive inflation that struck late 2021. Because this all-gas no-brakes state of things was also contributing to off-the-rails inflation (along with your standard-fare greedflation and price gouging, given the extremely convenient excuses of pandemic hardships and supply chain issues). The federal reserve whipped out interest rate hikes to try to curb this huge inflation, which is like a fire extinguisher dousing and suffocating your really-cool, actively-on-fire party where everyone else is burning but you're in the pool. And then they did this more, and then more. And the financial climate followed suit. And suddenly money was not cheap anymore, and new loans became expensive, because loans that used to compound at 2% a year are now compounding at 7 or 8% which, in the language of compounding, is a HUGE difference. A $100,000 loan at a 2% interest rate, if not repaid a single cent in 10 years, accrues to $121,899. A $100,000 loan at an 8% interest rate, if not repaid a single cent in 10 years, more than doubles to $215,892.

Now it is scary and risky to throw money at "could eventually be profitable" tech companies. Now investors are watching companies burn through their current funding and, when the companies come back asking for more, investors are tightening their coin purses instead. The bill is coming due. The free money is drying up and companies are under compounding pressure to produce a profit for their waiting investors who are now done waiting.

You get enshittification. You get quality going down and price going up. You get "now that you're a captive audience here, we're forcing ads or we're forcing subscriptions on you." Don't get me wrong, the plan was ALWAYS to monetize the users. It's just that it's come earlier than expected, with way more feet-to-the-fire than these companies were expecting. ESPECIALLY with Wall Street as the other factor in funding (public) companies, where Wall Street exhibits roughly the same temperament as a baby screaming crying upset that it's soiled its own diaper (maybe that's too mean a comparison to babies), and now companies are being put through the wringer for anything LESS than infinite growth that Wall Street demands of them.

Internal to the tech industry, you get MASSIVE wide-spread layoffs. You get an industry that used to be easy to land multiple job offers shriveling up and leaving recent graduates in a desperately awful situation where no company is hiring and the market is flooded with laid-off workers trying to get back on their feet.

Because those coin-purse-clutching investors DO love virtue-signaling efforts from companies that say "See! We're not being frivolous with your money! We only spend on the essentials." And this is true even for MASSIVE, PROFITABLE companies, because those companies' value is based on the Rich Person Feeling Graph (their stock) rather than the literal profit money. A company making a genuine gazillion dollars a year still tears through layoffs and freezes hiring and removes the free batteries from the printer room (totally not speaking from experience, surely) because the investors LOVE when you cut costs and take away employee perks. The "beer on tap, ping pong table in the common area" era of tech is drying up. And we're still unionless.

Never mind that last part.

And then in early 2023, AI (more specifically, Chat-GPT which is OpenAI's Large Language Model creation) tears its way into the tech scene with a meteor's amount of momentum. Here's Microsoft's prize pig, which it invested heavily in and is galivanting around the pig-show with, to the desperate jealousy and rapture of every other tech company and investor wishing it had that pig. And for the first time since the interest rate hikes, investors have dollar signs in their eyes, both venture capital and Wall Street alike. They're willing to restart the hose of money (even with the new risk) because this feels big enough for them to take the risk.

Now all these companies, who were in varying stages of sweating as their bill came due, or wringing their hands as their stock prices tanked, see a single glorious gold-plated rocket up out of here, the likes of which haven't been seen since the free money days. It's their ticket to buy time, and buy investors, and say "see THIS is what will wring money forth, finally, we promise, just let us show you."

To be clear, AI is NOT profitable yet. It's a money-sink. Perhaps a money-black-hole. But everyone in the space is so wowed by it that there is a wide-spread and powerful conviction that it will become profitable and earn its keep. (Let's be real, half of that profit "potential" is the promise of automating away jobs of pesky employees who peskily cost money.) It's a tech-space industrial revolution that will automate away skilled jobs, and getting in on the ground floor is the absolute best thing you can do to get your pie slice's worth.

It's the thing that will win investors back. It's the thing that will get the investment money coming in again (or, get it second-hand if the company can be the PROVIDER of something needed for AI, which other companies with venture-back will pay handsomely for). It's the thing companies are terrified of missing out on, lest it leave them utterly irrelevant in a future where not having AI-integration is like not having a mobile phone app for your company or not having a website.

So I guess to reiterate on my earlier point:

Drowned rats. Swimming to the one ship in sight.

[msclaritea]

Some Prominent Silicon Valley Investors Shift to the Right (SHOCKER!) 🙄

- The New York Times

Some Prominent Silicon Valley Investors Shift to the Right

Marc Andreessen, Chamath Palihapitiya and several other tech venture capitalists are increasingly criticizing President Biden and making their disaffection known in an election year.

Credit...Barbara Gibson

By Erin Griffith

May 23, 2024, 5:02 a.m. ET

In 2021, David Sacks, a prominent venture capital investor and podcast host, said former President Donald J. Trump’s behavior around the Jan. 6 riot at the U.S. Capitol had disqualified him from being a future political candidate.

At a tech conference last week, Mr. Sacks said his view had changed.

“I have bigger disagreements with Biden than with Trump,” the investor said. Mr. Sacks said he and his podcast co-hosts were working on hosting a fund-raiser for Mr. Trump, which could include an interview for their “All In” show. They also extended an invitation to President Biden, he said, but the Trump camp was more open to it.

Such public support for Mr. Trump used to be taboo in Silicon Valley, which has long been seen as a liberal bastion. But frustration with Mr. Biden, Democrats and the state of the world has increasingly driven some of tech’s most prominent venture capitalists to the right.

Some investors, like Chamath Palihapitiya of Social Capital, backed Democrats in the past. (He is set to co-host the fund-raiser for Mr. Trump alongside Mr. Sacks.) Others, like Marc Andreessen of Andreessen Horowitz and Shaun Maguire of Sequoia Capital, have criticized Mr. Biden without expressing support for Mr. Trump. Still others, like Keith Rabois of Khosla Ventures, are focusing their efforts on electing Republicans to Congress.

The activity may amount to more noise than formal support or personal donations for Mr. Trump’s campaign. And it is by no means everyone. Much of Silicon Valley, including prominent donors like the investors Reid Hoffman and Vinod Khosla, remains loyal to Democrats. Peter Thiel, the investor who backed Mr. Trump in the past, has said he is disillusioned with politics and plans to stay out of the 2024 race.

Jacob Helberg, Vinod Khosla and Senator Todd Young are seated in blue armchairs on a stage, with U.S. flags behind them.

Jacob Helberg, left, an adviser to Palantir, spoke with the venture capitalist Vinod Khosla, center, and Senator Todd Young, Republican of Indiana, at a forum in Washington. Credit...Jason Andrew for The New York Times

But the tech investors who are leaning right are influential, with enormous followings on social media and lots of money — and they are becoming more politically engaged. That reflects how the start-up industry has grown — soaring eightfold between 2012 and 2022 to $344 billion, according to PitchBook, which tracks start-ups — with more of the industry’s issues turning political in nature.

“When I started, everybody cared about tax issues and immigration issues,” said Bobby Franklin, who has led the National Venture Capital Association, a trade group, since 2013. “Now it is so much more complex.”

Delian Asparouhov, an investor at Founders Fund, the investment firm founded by Mr. Thiel, recently marveled at how much the political winds had shifted. This month, Mr. Trump made a virtual appearance at a venture capital conference in Washington. There, he thanked attendees for “keeping your chin up” and said he looked forward to meeting them.

“Four years ago you had to issue an apology if you voted for him,” Mr. Asparouhov wrote on X.

Delian Asparouhov, an investor at Founders Fund, recently marveled at how much the political winds had shifted in tech.Credit...Jason Andrew for The New York Times

Mr. Sacks, Mr. Palihapitiya and Founders Fund did not respond to a request for comment. Sequoia Capital declined to comment.

The comments and activity by the group of tech investors are particularly noticeable given Silicon Valley’s blue background. The circle of Republican donors in the nation’s tech capital has long been limited to a few tech executives such as Scott McNealy, a founder of Sun Microsystems; Meg Whitman, a former chief executive of eBay; Carly Fiorina, a former chief executive of Hewlett-Packard; Larry Ellison, the executive chairman of Oracle; and Doug Leone, a former managing partner of Sequoia Capital.

But mostly, the tech industry cultivated close ties with Democrats. Al Gore, the former Democratic vice president, joined the venture capital firm Kleiner Perkins in 2007. Over the next decade, tech companies including Airbnb, Google, Uber and Apple eagerly hired former members of the Obama administration.

Mr. Thiel’s loud and enthusiastic support for Mr. Trump in 2016, which included a $1.25 million donation and a speech at the Republican National Convention, came as a shock. Even more surprising to some in the industry was the way that, after Mr. Trump won the election that year, the world seemed to blame tech companies for his victory. The resulting “techlash” against Facebook and others caused some industry leaders to reassess their political views, a trend that continued through the social and political turmoil of the pandemic.

During that time, Democrats moved further to the left and demonized successful people who made a lot of money, further alienating some tech leaders, said Bradley Tusk, a venture capital investor and political strategist who is a Democrat.

“If you keep telling someone over and over that they’re evil, they’re eventually not going to like that,” he said. “I see that in venture capital.”

That feeling has hardened under President Biden. Some investors said they were frustrated that his pick for chair of the Federal Trade Commission, Lina Khan, has aggressively moved to block acquisitions, one of the main ways venture capitalists make money. They said they were also unhappy that Mr. Biden’s pick for head of the Securities and Exchange Commission, Gary Gensler, had been hostile to cryptocurrency companies.

The start-up industry has also been in a downturn since 2022, with higher interest rates sending capital fleeing from risky bets and a dismal market for initial public offerings crimping opportunities for investors to cash in on their valuable investments.

Some also said they disliked Mr. Biden’s proposal in March to raise taxes, including a 25 percent “billionaire tax” on certain holdings that could include start-up stock, as well as a higher tax rate on profits from successful investments..."

WHICH IS EXACTLY WHAT WE NEED. THEY'RE WORRIED... ABOUT THEIR MONEY; ABOUT THEIR BILLIONS. America has been under relentless assault from SILICON VALLEY since it's inception. You saw the reports from Keri Kukral an SV whistleblower. The place was teeming with criminal behavior. Foreign money flowing in from foreign adversaries like China Russia India, etc. There were prostitution rings and access run rampant, as Main Street kept having everything stolen from it. Practically every Cryptocurrency company was engaged in illegal activities.

Perhaps Mr Thiel (who is very much NOT out of politics. He's a backer of NYC Eric Adams) should not have tried to crash our Banks and the Stock Market and allow me to find the article where some of these 'former liberals' including Thiel, used to wax on about wanting a Monarchy; about wanting to 'REPLACE GOVERNMENT ' With THEY'RE OWN VERSION. He is also close to the Fascist wing of the Catholic Church They're all full of shit. And I don't know how impressive Al Gore is with that WEF leash. Tech is/was working with the World Economic Forum to gain more control.

#VoteBlue #BidenHarris2024 because our country desperately needs to get some of these billionaires under control or they will NEVER leave us alone. I'll admit to not being happy about everything right now, but I'm smart and adult enough to know that right now, it's not about me. It's about saving this country from Silicon Valley.

#SanFrancisco #KhoslaVentures #SequoiaCapital #ToddYoung #JacobHelberg #Palantir #ScottMcNealy #SunMicrosystems; #MegWhitman #Ebay #CarlyFiorina #hewlettpackard #larryellison #Oracle #dougleone #airbnb #GooglePlay #uber #apple #Obama #LinaKhan #garygensler

[danielkaufmanrealestate]

Tech’s Bust Delivers Bruising Blow to Hollowed-Out San Francisco

Tech’s Bust Delivers Bruising Blow to Hollowed-Out San Francisco

Job cuts and remote work are colliding to reshape the center of American innovation. San Francisco’s Salesforce Tower opened almost five years ago as a monument to the region’s tech-driven economy, piercing the skyline as the tallest office building on the US West Coast. It symbolized a boom for the city’s downtown, alongside a new futuristic transit center and an elevated park spanning nearly…

[for-a-longlongtime]

Guilty Pleasure (1/7) - dbf!Joel x reader

You're home from college for the summer, staying with your parents in Austin, TX. So is your dad's best friend, Joel Miller. Rating: Explicit, 18+ only, mdni Series warnings (tba): Age gap (reader is 22, Joel is 42), masturbation (f), use of sex toys, oral sex, PiV, anal, hair pulling, dirty talk, getting caught, playful use of 'daddy', outrageous flirting, groping, reference to m/m, Joel's arms should always come with a warning. No outbreak!AU. Word count: 2.3K A/N: If you know/follow me, you're probably just as shocked as I am to see a dbf!Joel fic by my hand. Totally get it if it's not your thing, please feel free to move on and skip this one. However - if you've read and enjoyed other fics by me, you may wanna give it a try! Submitting this also to @hellishjoel who is organizing the #hotdilfsummerchallenge (go check out all the other fics on her page!) 💜

series masterlist | main masterlist next chapter >

You don’t hate him. Not exactly. 

But he doesn’t need to know that. 

“I’m just so damn sick of him, you know? He thinks he’s so important and hot shit. People are fawning about him all the damn time, but he’s just my dad and an asshole,” you sigh to your best friend on the other end of the Facetime call. You’re in an Uber headed to your parents’ house, desperate for time away from school and your cheating ex. Your mom had been excited that you would be spending the summer break with them in Austin, and assured you that your father would be too. As IF. 

“I thought that maybe I could just relax, but no. Everything is about my dad again. He started this big... I don’t even know what. Project. Venture. Mission. Did you see it on tv? He’s on the news all the damn time.” Just the thought alone already makes you cringe, and you’re glad to see your friend nod at you, requiring no further explanation - she knows all about your father. “So I figured he won’t be in my way when I’m home. But now his friend Joel is staying at the house, too. The entire fucking summer. Who even does that?”

Your father and Joel had been friends for a long time, even before you were born, but you struggled to remember anything about him. He was a contractor, running his own company for quite a while now, and he had a brother named Tommy. “They’re working on renovating his house, so he needed a place to stay. It’s not like he’ll be in your way, sweetheart. Most of the time he’s out working for clients,” your mom had assured you, reminding you there were more than just a few spare bedrooms at the house. But to you, it didn’t matter; he would be in the way. You just knew it. Ruining your summer. The last thing you needed was a constant reminder of your dad shaped as Joel, hanging around the house.

“No, I don’t know much about him - it’s been years since I saw him.” You wince as you see your parents’ house down the street, and for a moment you’re tempted to ask the Uber driver to circle around the block one more time. “Look, I’m here - I have to go. Wish me luck, call me later,” you plead with your friend as the car pulls up to the oversized driveway. It takes a moment to get all your suitcases out of the car, since the driver merely watches you with an impatient frown on his face, but then you’re finally stumbling towards the front door. 

It’s good to be in Austin again, but you haven’t missed the Texas heat - and humidity - for one bit. All you want right now is a pizza and a very, very strong drink to forget about the shitty trip you just had. But it seems not even that is in the cards for you right now, as nobody bothers to come to the door after you’ve loudly rang the doorbell. Not even on the third try. Just when you’re about to start screaming in frustration, you finally hear footsteps rushing down the hallway. 

“Mom, why did you not–,” you start when the door swings open, but the words immediately stick in your throat as you stare at the man in front of you. Tall, strong, and handsome, looking much better than he had any right to while being dressed in old jeans and a t-shirt - courtesy of those arms in particular, and a mouth that immediately gave you ideas about where he should put it. Jesus Christ. 

“Joel…?”, you finally manage when your brain seems to catch up with the low throb you’re feeling in your pussy. You do not remember your dad’s best friend looking this hot, or smelling so good - the sandalwood in his cologne reminds you of more than just a couple of debauched nights on campus that you’d had in the past year. But this was clearly not one of the frat boys that surrounded you during your classes or evenings out. This was a whole ass DILF, somewhere in his early forties like your parents, and it takes you effort to not whimper as you take him in.

Your core aches just from looking at him, a painful reminder of how many weeks it has been since you’d last had an orgasm that didn’t come from your own hand or a toy. Finding out that your piece of shit ex-boyfriend had been running around with several other girls had been a harsh way to end the semester, but at least it made you decide to spend the summer here in Texas. And that decision suddenly seems like a very, very good idea in retrospect.

It’s only when Joel says your name, an amused smirk playing over his face, that you realize you’ve definitely been staring at him. “Hey, kiddo. Been a while. D’you need a hand with that?”, he asks, and as you hear his drawl, you’re pretty damn sure that you’ve never heard that man sound anything like this. Goddamn. Hot in every way, it seems, it seems - you may have never before appreciated a Texas accent as much as you like his.

He doesn’t wait for your response, but simply takes over two of your suitcases and a duffle bag like they weigh nothing. “Nicole- I mean, your mom asked me to help you get you settled, she’s gonna be back in a few hours,” he says, keeping the front door open with one strong shoulder so you can get into the house. 

“Thanks, that’s so nice of you,” you manage to say as you follow him through the house, to your bedroom on the second floor. Walking behind him is the perfect excuse to take in his physique, and you freely let your eyes roam over his strong shoulders and broad back, and you can tell you’re getting wet just by looking at him. God, he’s fit. Especially for a guy who is probably twenty years older than you are. Those arms… Was he single? And - did that even matter, really? 

You realize that you must’ve zoned out and missed something he’s said to you, because he gives you a questioning look when you’re both standing in your childhood bedroom. The decoration, colors and posters are still familiar to you, but in a detached way, like you’re looking at them in a photo album of someone you used to be, in sharp contrast to who you are now and the man in front of you.

“I said that I hope I won’t be in your way this summer. Your parents are happy you’re staying here with them,” he says, then surprises you by giving you a friendly, brief hug. “It’s good to see you again, kid.” You gladly accept the hug, and you can’t help but bury your face against his shoulder for just a moment, inhaling his cologne and the underlying subtle tone of his natural scent. That’s when you internally make up your mind, right there on the spot.

You want him.

Now, and for the rest of the summer. 

And if that pissed off your father? All the better.

Once you’re sure he’s left the hallway outside of your room, you grab your phone and immediately google his name, checking through his online profiles. No mention of any wife or girlfriend. Perfect. When you find his Instagram, your jaw drops at the photos you see of Joel clearly working hard and dripping sweat. Almost pornographic, really.

With a few taps you send the pictures to your best friend, quickly adding the caption ‘sooo i decided I’m gonna be his inappropriately young gf for the summer’. Her response pings almost instantly, as you expected, a barrage of emojis and ‘OMG GIRL YESSSS GET THAT DILF’. You can’t help but chuckle as you send a quick message back to her, ‘more later xxx’, then turn off the sound on your phone.

For a moment you consider unpacking all of your luggage, which would definitely be the more practical thing to do. On the other hand, your parents are not gonna be home in the next few hours, and since Joel’s room didn’t seem too close to yours to overhear anything…

You sigh in relief when you find the silky bag in your luggage that stores your sex toys, and pull out your favorite clit sucker without a moment of hesitation. Quick and dirty, that’s what you need right now, you decide as you get onto the bed. After a moment of hesitation, you re-open Instagram and scroll back to Joel’s page, while you reach for your AirPods in the hidden pocket of your dress. 

His profile is clearly promotional for his company - Miller & Co -, and you vaguely recognize his brother Tommy in some shots, but fortunately the focus is mostly on him. When you click on Reels and see several videos of him at work, your heart starts racing, your mouth going dry while you feel the exact opposite happening in your panties. Fuck, he is so hot. If you thought the view you had while walking behind him was good, it sure is nothing compared to seeing him work on construction projects that show him flexing those muscles, jeans clinging desperately onto his thighs the way you would like your hands to do.

You’re stroking yourself already after the second video, and by the time you’re treated to the sight and sound of him lifting lumber with a grunt, you’ve got two fingers deep inside of your pussy. You whimper as you imagine he’s in your room watching you with those dark eyes. Your breathing grows heavy as you picture him getting on the bed, giving you that sexy smirk as he puts his head between your thighs so he can lick at your wetness. His bottom lip had tempted you from the start, and you just know it would feel so good as he’d circle your clit with his tongue. 

You can barely suppress a moan as your hips buck up hard, and you press the toy closer against yourself, thrusting your slick fingers faster as you chase the release that’s close - so so very close already. What if he buried that stubble against your thighs, urging your fingers out of yourself so he could lick them clean, his lips closing around your digits as he’d suck on you. Brown eyes filled with desire, reflecting how much you want him too, and then the push of his tongue inside your cunt as he starts to eat you out. 

You whisper his name quietly as your body starts to shake, hearing him moan contently as he works you up some more, then comes up for air, slipping two - no, three of his thick fingers roughly inside of you, just as demanding as his mouth is. “Good girl. Now come f’me.”

You gasp as the orgasm ripples through you, much faster than you expected, and you bury your face into your pillow so you won’t cry his name out loud. Before the waves of your orgasm have subsided, you flip yourself to your stomach as you keep the buzzing toy in place, grinding down harder on your fingers as you shudder from the overstimulation. Still you keep going, because it’s what Joel would do - you know it’s what he would want, tease you and push you to make you come again and again. 

He’d make you cry his name out loudly, until you’re writhing against him like a feral cat in heat, desperate as you’re begging him for his cock so he can fuck you into the mattress, claiming you and demanding to own every part of you. His sweaty heavy body covering yours, lips and teeth drawing more gasps from you, until your head becomes completely devoid of any thoughts, only able to focus on how good he’s making you feel - how his thickness is throbbing inside of you, going deeper than anyone has been before, and you know that he’s about to ruin you for any other men, because it’s never going to be better than it is with him.

As your body convulses and you’re about to come again, you suddenly hear your name being called loudly from downstairs - not by Joel, but the shriller sound of your mom’s voice as she’s looking for you. It takes everything you have to restrain yourself from yelling angrily at the interruption, your mind and body at war with each other for a second, and you bite your lip hard as you mentally grab onto the fantasy of Joel, unwilling to let go of it - of him. 

“Coming!,” you snap loudly, hoping that she won’t be able to hear the panting in your voice, or the buzzing toy in your hand. “Be right there!”

‘Good fucking girl. Such a dirty little slut for me,’ imaginary-Joel whispers at you, pounding into you, and you know he’s about to come too. “Give it to me again. Wanna feel you soak my cock,” the whisper changing into a low hiss that sends shivers down your spine. You bury your face even further into the pillow as you whine his name, begging him for more, to pump his seed into you and fill you up. He laughs, the sound hoarse and taunting, and then his hand grabs a hold of your hair and tugs your head back up. “No hiding. You scream my name when I make you come, you hear me?”, he grunts at you - and you bite your lip as you come hard again, soaking your fingers for a second time as the orgasm rocks you so much harder than the first one did.

Fuck. FUCK. You need him, every part of him, so goddamn bad. 

next: part 2 >

🚨 Follow @longlongtime-updates for updates when new chapters drop!

A/N II: Thank you @magpiepills @legendary-pink-dot @lotusbxtch @sin-djarin @mountainsandmayhem

@qveerthe0ry @perotovar for encouraging me to write a wild idea that suddenly came to mind. This came together shockingly fast with ideas and feedback from all of them, so thank you babes for supporting and enabling me! Fic title is obviously snagged from Chappell Roan's 'Guilty Pleasure'!

[melrosing]

also if there is one thing i'm finding grating about S2 so far it's that they're having a bit of fun with the headspaces of Daemon/Aemond/Aegon etc, like the freudian stuff, the inferiority complexes, etc etc, but when it comes to Rhaenyra/Alicent/Rhaena/Rhaenys etc it's just like 'it's hard to be a girl in man's world' like I feel as though I've seen Rhaenyra complain about a dozen times re. feeling dismissed by her vassals and stuck in passive role, and it's just not fun. it makes her less interesting as an individual character, and more of a symbol of How Things Were For Women And Kind Of Still Are Really Makes You Think. asoiaf is a lot more deft w this. characters like Cersei, Arya, Brienne etc do constantly grapple with the whole 'it's a man's world' shit and it's important that they do, but you've still got Cersei wrestling with the legacy of her father's violence/the mad complexities of her incest with Jaime/her complex relationship w trauma and Arya's got the impact of war/her wolf visions/her complex relationship w home and Brienne has her relationship w knighthood/her gender trouble/her romance w ole jam, and all of that is complementary to 'god does it suck to live in an uber patriarchy'. Rhaenyra and Alicent etc have so much scope for this stuff as well but the writers just clearly aren't having as much fun w it as they are the guys. the writing of the women is a lot more 'worthy'. i want them to get weirder with it!! Rhaenyra is married to her goddamn uncle and they're only exploring how deranged that is from Daemon's POV! Rhaenyra's kind of just sighing at the sidelines like 'i guess men will be men even my uncle'. Alicent's sons with their burgeoning oedipus complexes and Alicent meanwhile just like 'it's hard having such crazy sons when you only want peace and prosperity'. like i could go on. I am glad HOTD is trying to wrestle more meaningfully with these questions than GOT did but we're venturing a little into Barbie 2023 territory here of the ole Patriarchy 101 and wouldn't it be better if girls ruled! anyway

[mostlysignssomeportents]

Venture predation

Tomorrow (May 20), I’ll be at the GAITHERSBURG Book Festival with my novel Red Team Blues; then on Monday (May 22), I’m keynoting Public Knowledge’s Emerging Tech conference in DC.

On Tuesday (May 23), I’ll be in TORONTO for a book launch that’s part of WEPFest, a benefit for the West End Phoenix, onstage with Dave Bidini (The Rheostatics), Ron Diebert (Citizen Lab) and the whistleblower Dr Nancy Olivieri.

They said it couldn’t happen. After decades of antitrust enforcement against Predatory Pricing — selling goods below cost to kill existing competitors and prevent new ones from arising — the Chicago School of neoliberal economists “proved” that predatory pricing didn’t exist and that the courts could stand down and stop busting companies for it.

Predatory pricing — the economists explained — may be illegal, but it was also imaginary. A mirage. No one would do predatory pricing, because it was “irrational.” And even if there was someone irrational enough to try it, they would fail. Stand down, judges of America — predatory pricing is solved.

Chicago School economists — whose job (to quote David Roth) is to find new ways to say “actually, your boss is right” — held enormous sway of the federal judiciary. The billionaire-backed Manne Seminars offered free “continuing education” junkets to judges — all-expense-paid luxury vacations salted with lengthy your-boss-is-right econ seminars. 40% of the US federal judiciary got their heads filled up at a Manne Seminar.

For monopolists and other predators, the Manne Seminar was an excellent return on investment. After attending a Manne Seminar, the average judge’s legal decisions tipped decidedly in favor of monopoly, operating on the Chicago bedrock assumption that monopolies are “efficient,” and, where we see them in nature, we should celebrate them as the visible manifestation of the entrepreneurial genius of some Ayn Rand hero in a corporate boardroom:

https://pluralistic.net/2021/08/13/post-bork-era/#manne-down

A little knowledge is a dangerous thing. Even as post-Chicago economists showed that predatory pricing was both possible and rampant, a “rational” and effective strategy for cornering markets, suppressing competition, crushing innovation and gouging on price, judges continued to craft tortuous, unpassable tests that any predatory pricing case would have to satisfy to proceed. Economics moved on, but predatory pricing cases continued to fail the trial-by-ordeal constructed by Chicago-pilled judges.

Which is a shame, because there are at least three ways that predatory pricing can be effective:

Cost Signaling Predation: A predator tricks competitors into thinking they’ve found a new way to cut their costs, which allows them to drop prices. Competitors, fooled by the ruse, exit the market, not realizing that the predator is merely subsidizing their products’ costs to trick them.

Financial Market Predation: A predator tricks the competitors’ creditors into thinking the predator has a new way to cut costs. The creditors refuse to loan the prey companies the money needed to survive the price war, and the prey drops out of the war.

Reputation Effect Predation: A predator subsidizes prices in one region or one line of goods in order to trick prey into thinking that they’ll do the same elsewhere: “Don’t try to compete with us in Cleveland, or we’ll drop prices like we did in Tampa.”

These models of successful predation are decades old, and have broad acceptance within economics — outside of Chicago-style ideologues — but they’ve yet to make much of a dent in minds of the judges who hear Predatory Pricing cases.

While judges continue to hit the snooze-bar on any awakening to this phenomenon, a new kind of predator has emerged, using a new kind of predation: the Venture Predator, a predatory company backed by venture capital funds, who make lots of high-risk bets they must cash out in ten years or less, ideally for a 100x+ return.

Writing in the Journal of Corporation Law Matthew Wansley and Samuel Weinstein — both of the Cardozo School of Law at Yeshiva University — lay out a theory of Venture Predation in clear, irrefutable language, using it to explain the recent bubble we sometimes call the Millennial Lifestyle Subsidy:

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4437360

What’s a Venture Predator? It’s “a startup that uses venture finance to price below its costs, chase its rivals out of the market, and grab market share.” The predator sets millions or billions of dollars on fire chasing “rapid, exponential growth” all in order to “create the impression that recoupment is possible” among future investors, such as blue-chip companies that might buy them out, or sucker retail investors who buy in at the IPO, anticipating years of monopoly pricing.

In other words, the Venture Predator constructs a pile of shit so large and impressive that investors are convinced that there must be a pony under there somewhere.

There’s another name for this kind of arrangement: a bezzle, which Galbraith described as “the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it.”

Millennial Lifestyle Subsidy companies are bezzles. Uber, annihilated tens of billions of dollars on its bezzle, destroying the taxi industry and laying waste to public transit investment, demolishing labor protections and convincing people that impossible self-driving robo-taxis were around the coner:

https://pluralistic.net/2021/02/16/ring-ring-lapd-calling/#uber-unter

But while Uber the company lost billions of dollars, Uber’s early investors and executives made out like bandits (or predators, I suppose). The founders were able to flog their shares on the secondary market long before the IPO. Same for the early investors, like Benchmark capital.

Since the company’s IPO, its finances have steadily worsened, and the company has resorted to increasingly sweaty balance-sheet manipulation tactics and PR offensives to make it seem like a viable business:

https://pluralistic.net/2022/08/05/a-lousy-taxi/#a-giant-asterisk

But Uber can’t ever recoup the billions it spent convincing the market that there was a pony beneath its pile of shit. The app Uber uses to connect riders with the employees it misclassifies as contractors isn’t hard to clone, and it’s not hard for drivers or riders to switch from one app to another:

https://locusmag.com/2019/01/cory-doctorow-disruption-for-thee-but-not-for-me/

Nor can Uber prevent its rivals from taking advantage of the hundreds of millions of dollars it spent on “regulatory entrepreneurship” — changing the laws to make it easier to misclassify workers and operate unlicensed taxi services.

It’s not clear whether Uber ever believed in robo-taxis, or whether they were just part of the bezzle. In any event, Uber’s no longer in the robotaxi races: after blowing $2.5B on self-driving cars, Uber produced a vehicle whose mean-distance-between-fatal-crashes was 0.5 miles. Uber had to pay another company $400M to take its self-driving unit off its hands:

https://pluralistic.net/2022/10/09/herbies-revenge/#100-billion-here-100-billion-there-pretty-soon-youre-talking-real-money

Uber’s prices rose 92% between 2018–21, while its driver compensation has plunged. The company is finding it increasingly difficult to passengers into cars, and drivers onto the road. They have invented algorithmic wage disrimination, an exciting new field of labor-law violations, in order to trick drivers into thinking there’s a pony under all that shit:

https://pluralistic.net/2023/04/12/algorithmic-wage-discrimination/#fishers-of-men

To Uber’s credit, they have been a wildly innovative company, inventing many new ways to make the pile of shit bigger and the pony more plausible. Back when Uber and Lyft were locked in head-to-head competition, Uber employees created huge pools of fake Lyft rider accounts, using them to set up and tear down rides in order to discover what Lyft was charging for rides in order to underprice them. Uber also covertly operated the microphones in its drivers’ phones to listen for the chimes the Lyft app made: drivers who had both Lyft and Uber installed on their devices were targeted for (strictly temporary) bonuses.

Uber won’t ever recoup, but that’s OK. The investors and execs made vast fortunes. Now, normally, you’d expect company founders and other managers with large piles of stocks in a VC-backed company to be committed to the business’s success, at least in the medium term, because their shares can’t be liquidated until well after the company goes public.

But the burgeoning “secondary market” for managers’ shares has turned investors and managers into co-conspirators in the Venture Predation bezzle: “half of Series A and B deals now have some secondary component for founders.” That means that founders can cash out before the bezzle ends.

The trick with any bezzle is to skip town while the mark is still energetically digging through the shit, before the pony is revealed for an illusion. That’s where crypto comes in: during the cryptocurrency bubble, VCs cashed out of their investments early through Initial Coin Offerings and other forms of securities fraud. The massive returns this generated were well worth the millions they sprinkled on Superbowl ads and bribes for Matt Damon.

But woe betide the VC who mistimes their exit. As Wework showed, it’s entirely possible for VCs to be left holding the bag if they get the timing wrong. Wework blew $12b on predatory pricing — promising tenants at rivals’ businesses moving bonuses or even a year’s free rent, all to make the pile of shit look larger and thus more apt to contain a pony. The company opened its co-working spaces as close as possible to existing shops, oversaturating hot markets and showing “growth” by poaching customers through deep subsidies, then pretending that those customers would stay when the subsidies evaporated. But Wework’s “product” was temporary hot-desks, occupied by people who could (and did) move at the drop of a hat.

To its competitors, its competitors’ creditors, and credulous investors, it appeared that Wework had developed some kind of “efficiency advantage” — a secret sauce that let it sell a product at a price that was far below its rivals’ costs. But once Wework filed for its IPO, its S-1 — the form that discloses the company’s finances — revealed the truth. Wework’s only “advantage” was the bafflegab of its cult-like leader and the torrent of cash supplied by its VCs.

Wework’s IPO was a disaster. After canceling a real IPO, the company eventually went public through a scammy SPAC, saw its shares immediately tank, and continue to fall, as its balance-sheet is still blood-red with losses.

Another Venture Predator is Bird, the company that flooded American cities with cheap, flimsy Chinese scooters, choking curbs and sidewalks. 25% of the gross revenues from each scooter ride had to be written off as depreciation on the scooter. As a Bird spokesperson told the LA Times: “There are very few unique companies for which you can build global scale really quickly and build a dominant market position before other people do, and for those rarefied companies scaling quickly matters more than short-term profits.”

Bird was another company that could never recoup, whose executives and investors could only cash out if they could maintain the faint hope of the pony underneath its pile of shitty scooters. It drove the company to some genuinely surreal lengths. For example, in 2018, I reported on the existence of a kit that let you buy an impounded Bird scooter for pennies and retrofit it to run without an app, so you could take it anywhere:

https://boingboing.net/2018/12/08/flipping-a-bird.html

Shortly thereafter, I got a legal threat from Linda Kwak, Bird’s Senior Corporate Counsel, claiming that publishing a link to a website that sells you a product you install by unscrewing one board and inserting another was a violation of Section 1201 of the DMCA, which was an astonishingly stupid claim:

https://www.eff.org/document/bird-rides-takedown-boing-boing-dec-20-2018

It was also an astonishingly stupid claim to make to me, a career activist with 20 years experience fighting DMCA1201, a decades-old professional affiliation with EFF, and a giant megaphone:

https://boingboing.net/2019/01/11/flipping-the-bird.html

But Bird was palpably desperate to keep its bezzle going, and Kwak — an employment lawyer with undeniable deficits in her understanding of copyright and cyber-law — was their champion

Fascinatingly, one thing Bird didn’t worry about was competition from Uber and Lyft, who piled into the e-scooter market. Bird circulated a (leaked) pitch-deck reassuring investors that Uber/Lyft weren’t gunning for them, because they ““won’t subsidize prices” as they prepared for their IPOs, which involved disclosing their finances to their investors.

Bird’s investors either lost money or made small-dollar returns, but they were outfoxed by Bird founder Travis VanderZanden, a superpredator who cashed out $44m in shares just as the VCs were piling in.

Venture Predation is another stinging rebuttal to the Chicago School’s blithe dismissal of Predatory Pricing as an illusion. Private firms — of the sort that VCs back — whose boards are made up of founders and VCs who stand to benefit from the pile-of-shit gambit are perfectly capable of spending huge fortunes to make Predatory Pricing work. VCs make a practice of repeatedly co-investing in businesses together, which fosters the kind of trust that allows for these gambits to be played again and again.

For later stage, pony-thirsty investors who get stuck holding the bag, the lure of monopoly profits is both powerful and plausible — after 40 years of antitrust neglect, monopolies are the kinds of things one can both attain and defend (think of Peter Thiel’s maxim, “competition is for losers,” or Warren Buffett’s terrifying priapisms induced by the mere thought of businesses with “wide, sustainable moats”).

In a world of Facebook and Google, dreaming of monopolies isn’t irrational — it’s aspirational.

VCs are ideally poised to play the Venture Predation gambit. They are risk-tolerant and need to cash out over short timescales. What’s more, VCs’ longstanding boasts of their ability to identify companies who have invented new, super-efficient ways to do boring things like “rent out office space” or “provide taxis” gives the pile-of-shit pony-pitch a plausible ring.

The Venture Predator gambit isn’t just a form of plute-on-plute violence in which billionaires fleece millionaires. Like any anticompetitive scam, Venture Predators are able to pick winners in the marketplace — rather than getting the taxi or the office rental service or the scooter that serves you best, you get the scammiest version.

Workers who are roped in by the scam also suffer — the authors raise the example of a cab driver who leases a car to drive for Uber, based on the early subsidies the company offered, only to find themselves unable to make payments once the bezzle ends and Uber starts clawing back the driver’s wages.

Then there’s the cost to society: during the decade-plus in which Uber was pissing away the Saudi royal family’s billions subsidizing rides, cities dismantled their public transit, even as residents made decisions about where to live and work based on the presumption that Uber was charging a fair, sustainable price for rides.

The authors propose a bunch of legislative fixes for this, but warn that none of them are likely to get through Congress or the Manne-pilled judiciary. But they do hold out hope for a proposed SEC rule “requiring large, private companies to make basic financial disclosures.” These disclosures would make it impossible for companies to pretend that they had built a better mousetrap when all they had was a bigger pile of shit.

Catch me on tour with Red Team Blues in Toronto, DC, Gaithersburg, Oxford, Hay, Manchester, Nottingham, London, and Berlin!

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/2023/05/19/fake-it-till-you-make-it/#millennial-lifestyle-subsidy

[Image ID: A giant pile of manure with a pony sticking out of it.]

Image: Eli Duke (modified) https://www.flickr.com/photos/elisfanclub/6834356283

CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0/

[latenighttalkinqwp]

partying with paige!

based off of this video!

“hey yall.” ice shouted, looking down at the live. currently, she and a few other girls were sitting at a random table inside a random bar. “i’m bored and my friends left me so i decided to go live.” you sighed, walking up to ice. “have you seen p? i’ve been looking around for her.” ice shook her head, thinking of where the girl could’ve went.

“can we get another round?” one of the girls asked the waiter, smiling whenever he said that he would be right back. “i think she’s at the bar- oh wait! here she is!” ice pointed to the blonde who was walking over. “hi babyyy.” paige smiled with her eyes, pulling you in by the waist for a kiss. “hey p. where did you venture off too?” you kiss her back, wrapping your arms around her shoulders.

“kk wanted me to order her a drink. she said the guy wouldnt take her fake.” she sighed, putting her forehead against yours. “i missed you when i was gone.” you giggled, having no option but to look her in the eye. “you were only gone for like..two minutes.” she rolled her eyes, pulling back from your face. “two minutes too long.” you nod, moving her hands from your waist so you could go sit by ice and talk to the live. the waiter came back, handing the shots to paige. she looked down at them, raising an eyebrow. she took a shot off the tray and put it on the table.

“yo- who ordered shots?” she yelled, not realizing how loud she was being. your eyes widened, looking down at the live. “paige! shut up.” kk laughed, taking one of the shots. “no, you shut up kk.” she said, coming to stand behind you as she wrapped her arms around your neck. “stop leaving me.” paige whispered, nodding along to the music that was playing.

you leaned your back against paige’s front, looking down at your phone. “what time do you wanna head out?” paige shrugged her shoulders, waving at the live. you rolled your eyes, feeling the blonde wrap her arms around your shoulders tighter. it felt like the more intoxicated paige got, the touchier she was. “okay, well if i order the uber right now it should get here in like, fifteen minutes. is that okay with you?” paige nodded, raising her eyebrows as “whatever she wants” by bryson tiller started playing. “yoo- this song is fire.” kk nodded her head at paige, singing the lyrics.

the blonde pulled out her phone, taking a video. you grimaced, pushing her head away from your ear. “you just screamed right in my ear, babe.” she kissed your cheek, putting the camera up close in your face. you smiled, looking up at your girlfriend. “i love you.” paige blushed, looking away from you. “i love you too.”

- thank you so much for reading all the way through! 🥰

- i genuinely did not know how to end this….but let me know if this met the expectations 🥲🥲 i genuinely hate this so much!!!

[jarofstyles]

Bad Idea, Right?

Obviously inspired by Miss Olivia Rodrigo’s song, here is a one shot I loved writing :) a bit of angst, a bit of a fluff, a lot of smut, a little bit of everything!

Check out our Patreon for early access and 160+ exclusive writings!

WC- 6.2k

Warnings- toxic relationship, kinda asshole h, angst, crying, slight degradation, spitting, impact play (light), sex tape filming, daddy kink (light), use of Mama 🤭

—-

Y/N knew this was a very bad idea. She knew she was going to regret this in the morning, as she usually did when Harry texted her to show up somewhere, but here she was. 

Her best black dress in the most soft fabric, the one he had complimented her on endlessly before peeling it off when they had still been together, was glued to her body, Hair curled and falling down her shoulders. If she was going to show up at a houseparty that her ex boyfriend was throwing, she may as well go all out and wear something that she knew he liked. 

Internally, she tried to talk herself out of it as she approached the open door, ignoring the people making out on his lawn. The thump of the bass was audible outside, a deep sigh being let out as she tossed her phone in her clutch after texting him a simple ‘here.’ The shot she had taken before had done next to nothing to calm her nerves, her red lipstick meticulously touched up in the back of the uber as she squirmed in the seat surely getting fucked up as she bit down on her bottom lip, venturing into the home that used to be so familiar to her. 

It had been 5 months since they’d broken up, but it had barely seemed like it. Harry had a way of getting into her head and driving her absolutely fucking mad. Their back and forth seemed neverending, their text threads updating every few days. A fight, a makeup, a request to see one another. As much as she wanted to claim it was all him, she knew she was equally as bad. It wasn’t like she hadn’t tried to find someone else- but no one else could get her off like him.

Harry knew her body better than anyone else, every curve and mark, where to touch and stroke. Where to stroke, where to lick, where to bite. He was an expert on how to get her off in just minutes, her cunt completely dedicated to him as much as she wished it wasn’t. Her brain and pussy had no communication in the information regarding the fact they were broken up, much to her dismay. The only thing saving her ego was that she knew that she had the same effect on Harry. There was no way she didn’t. Harry could very well fuck anyone he wanted to, more than capable to pull. Y/N had been overly jealous as a girlfriend and she knew that, but people were drawn to her boyfriend despite the fact it was well known he was taken. While he didn’t seem to take them up on it- he ate up the attention and preened over it, much to her irritation. It caused fights upon fights, her going out of her way to make him jealous- which worked. They both seemed to get off on pissing each other off. 

Breaking up was supposed to stop the cycle, but it seemed to only string it out further.

There had been so many times she deleted his number but when he pulled up on her notifications again, she recognized the number and his attitude and couldn’t resist temptation. No one had ever made Y/N feel so many emotions in her life. Being around Harry was like a live wire, electric and hot, dangerous and potentially harmful, but the benefits sometimes outweighed the risks. 

Her nose crinkled as she felt the floor stick under her shoe, knowing he would be pissed about that tomorrow. Whatever spiked punch was all over the floor and that would take some elbow grease to get out. Navigating through the entryway, she made her way into the living room. It was dark, flimsy lighting had been put up to make colorful strobes go around the room, the room far too filled for comfort. It was stupidly warm, regret crawling up her neck as she looked around to find anyone familiar. 

“There she is!” The voice was unmistakable. Niall, arms tugging her in for a hug and pulling her into the kitchen where it was a bit quieter, the main group she was familiar with strung about along with a few strangers. “Harry’s girl is here, everyone! Y/N herself.” He chirped, making her give him a confused look until she followed his gaze to see Harry standing stiffly, a girl too close for comfort. Her eyes narrowed, taking in how the girl angled her body, hand resting on Harry’s arm, looking at her with a scowl. 

It was an ugly feeling to see someone else around her man. Well- he wasn’t her man, but it was another miscommunication between her heart and brain. She hated seeing him around someone else, the mere idea of him being with someone that wasn’t her made her stomach turn. It wasn’t right. Yes, she knew it was a toxic cycle but it was one she didn’t know how to break. She knew this was bad, but she didn’t want anyone else having him the way she did. 

The only saving grace was the fact that Harry looked uncomfortable, immediately peeling himself away from the other girl and coming straight over to Y/N.. Her face must have shown her irritation, mouth opening and arm resting on her hip as she went to give him a bit of hell but was cut off by his mouth. 

And Y/N’s body, she was a fucking traitor. Feeling his arms wrap around her and push her against the counter, his tongue pressing into her mouth and tasting the cinnamon from the alcohol and sticky remnants of Coca Cola on his lips made her brain go numb. She always did love how strong he was, how safe she used to feel wrapped up in his arms. There were a few wolf whistles surrounding them, but Y/N had been taken aback from the heat of it so early on, hand slipping between her and the counter to grab at her ass. A surprised moan left her mouth before Niall let out a laugh. 

“Alright, alright. Stop eating her, Harry.” Niall smacked his back, making Harry pull back with a hazy smirk. Almost dopy, making her blink up at him with her eyes narrowing again. His eyes were dark, lips wet now and that dark pink she liked so, so much. He hadn’t shaved today, leaving a bit of stubble around his face, a backwards hat combing his hair back to keep it out of his face. The nose piercing was swapped from a stud to a hoop, making her a bit surprised. Had he done that for her? He knew she liked it….

“You can take your hand off my ass now.” Her sassy tone didn’t match how her eyes looked, secretly loving that he had so publicly claimed her in front of a girl they both knew wanted him. It was a sick feeling, the victory even though she knew it was wrong to feel that way. It was a constant fight with herself. Knowing she should most definitely not be feeling so happy that her ex had just kissed her dumb in front of all his friends, but still liking that she had a claim on him. 

“I could.” He retorted. “But it feels so nice in my palm, and we both know how much you like it.” A squeeze was given, Y/N scowling back up at him but not making any attempt to move. If she wanted to, he would get out of the way- but they both knew how this went. She pretended she didn’t liked his hands on her, he taunted her, they would glare and play fight before it got a little real, and they’d fuck. A circle they’d swung around plenty of times. His lips lowered to her ear, ignoring the chatter around them. “You’re wearing my dress, hm?” 

“Yours? M’sorry, did you want to wear it?” She rose her eyebrow that she definitely hadn’t laid to perfection before she came here. “I forgot you even liked this one. It was the first thing I could reach in my closet.” Her nose was turned up, this time pushing past him to go over to the drinks. She looked down to see a cup with his name scribbled on it with a sharpie, lifting it up for confirmation before throwing it back.

Regretted immediately.

“Ugh- Harry, what the fuck?” She gagged, nose wrinkled as she opened his fridge to grab a bottle of water. “I forgot how disgusting your drinks are. God, how do you even have a stomach?” She gave him a horrified look, swishing the water in her mouth.’

“No one told you to fuckin’ take mine!” He grumbled, taking the cup to find it empty. “Fucks sake, Y/N. Taking my drink and then bitching about it. As usual.” He came up behind her to grab the bottle over the fridge, his ‘good stuff’ or whatever. It was already that time of night? 

Where they started poking at each other to cause a fight. To have an excuse to wander off and to strip down to nothing. 

“Excuse me?” Y/N grit her teeth, turning to look at him as he poured into his recently emptied cup. He was trying to get a rise out of her. 

“You heard me, princess. Know those ears work, considering you’re an eavesdropper.” 

Oh, he was going low. She crinkled the water bottle in her hands, shoulders tending as she exhaled sharply through her nose. “Well I wouldn’t have had to if you didn’t get so fucking weird with your phone. You were the one hiding a ‘project partner’ from me.” Her fingers did air quotes around that, showing that she didn’t believe his excuse. 

“Oh, for fucks sake.” Harry hissed, his own jaw setting. “I told you that she was just a partner for my paper. I didn’t tell you at first because I know you’d overreact and go all insane on me for daring to interact with another woman.” He snarled back, knowing where to hit where it hurt. 

“I wouldn’t have had to be paranoid if you’d respected me to stop flirting and entertaining girls who disrespected our relationship by hitting on you in front of me! You literally encouraged it!” She was trying to keep her voice down, but it was hard. This was an especially sore spot. 

“So replying with a thank you is encouraging it? Sue me for liking that someone complimented me on something!” He raised an arm up, running fingers through his hair in frustration before he turned away to lean on the counter with his arms crossed, cup in hand. “God, you do this every fucking time. We aren’t fucking together anymore, that’s your fault. Why do you continue to harrass me about this? Even if I did encourage it, I never went for it did I?” A cruel smirk emerged. “Though I’m a free agent now, yeah? Could go take Josslyn or Heather up on their offers?

Harry knew he had taken it a bit too far when her breathing caught for real, watching as he froze and her bottom lip trembled. That wasn’t a part of their regular script to wind each other up before hot sex. It was a bit of the real hurt that has blossomed through, but he hadn’t meant to let it out. Her eyes turned glassy, her hand snatching his drink and throwing it at his shirt. 

“Fuck you.” 

Harry felt the cold liquid hit him, hissing as he stood in slight shock as he watched her turn to leave. He had really fucked up. His stomach dropped as he tried to gather his bearings, cursing under his breath before going after her. 

“Y/N! Fuck, don’t go.” He yelled after her, making his way through the throngs of people in his living room, eyes watching her back go towards the door. While he had definitely said fucked up things before, this had been designed to hit where it really hurt. 

Y/N stomped through the living room, ignoring his calls for her as she got closer to the door- closer to escape- when she was caught. Arms wrapping around her waist as he pulled her into the bathroom next to the stairs and turning so he was against the door. Y/N kept her back towards him but yanked herself free from his grip, irritated that she was crying. That it still hurts. He knew it would and that’s partially what made it worse. He had been out to hurt her and she had known it was a bad idea to show up tonight but somewhere in her heart she had this tiny, tiny hidden hope that maybe tonight would be a night they could finally get over their differences. She missed him so much it ached if she allowed herself to feel it, but she had tried to refuse her feelings. 

It had boiled over now, though.

Harry swallowed thickly as he heard the sniffle. Y/N wasn’t one to cry about a lot. She hadn’t shed a lot of tears in the time they’d been together, emotionally iron clad as it seemed. When she did? It was unnerving. Heartbreaking. It was one of his least favorite things ever, seeing her crumble. While he may have enjoyed getting her angry and irritated, maybe a little jealous, he never liked hurting her. He gained no pleasure from that. 

“Baby…” He spoke softly, trying to turn her around, hands pulling at her shoulders. He was bigger than her and could definitely turn her around if he wanted to, but he wouldn’t ever touch her in a way she didn’t want. 

“No. You can’t- you can’t call me that anymore. I am not your baby.” She hissed, keeping herself turned from him. Harry winced. She hadn’t said that before, not seriously, but the venom in her voice had shown how upset she was. It was laced with the hoarse blanket that coated her voice when she cried, making it even worse. “You can go call Josslyn or Heather. I’m sure they’d love to be your b-baby.” The end of the sentence was joined with a little sob, effectively breaking his heart further. 

“No. No, I’m not… I didn’t mean it, Y/N. I promise. I was just upset and I didn’t mean for it to come out, I just wanted you to feel-”

“What?” Whipping around, Y/N’s mascara streaked cheeks were a blow to the chest. Her vulnerability was something he used to crave, to be the one she confided in or let herself break with. He wanted to be there for her. Not be the cause of her tears. “You wanted me to feel hurt, like you did? Do you not think I don’t hurt every fucking day?” 

“You broke up with me!” Harry tried, her glare making him stop talking quickly after. 

“I broke up with you because you didn’t take me seriously. How could you go from telling me you can’t wait to put a ring on my finger, can’t wait to have a family with me, to flirting with girls the same night? Do you know how humiliating it is to have your friends tell you that they heard so and so say they were going to try something because it ‘obviously isn’t serious with Y/N?” The incredulous look on her face made him shrink back a bit. 

“I didn’t know that! It was never real flirting, Y/N. I liked to get my ego stroked, the attention felt nice, but I would never, ever step out on you. I love you, for fucks sake!” He went to reach for her but she backed up, flinching slightly. Another dagger to the chest. He had really, really fucked up. She never denied his touch.

“You love me?” A humorless laugh escaped her swollen lips. “Is that how you love people, Harry? Make them feel disposable and humiliated because you can’t be happy with one girl telling you that she loves you back? My compliments weren’t enough?” Arms crossed defensively over her chest. “Give me a fucking break. Telling me that as if you didn’t just say moments ago that you should take up girls who actively disrespected our relationship on their offers to fuck you while you were dating me? Yeah, that’s definitely something someone who loved me would do.” She wanted to stay angry but she was hurt. Hurt so bad, the full weight of their breakup actually hitting her as she felt the sob crawl up her throat and hurried to cover her eyes as she began to cry. It couldn’t be held back. She was at her breaking point.

Harry wanted to throw up. He hadn’t thought of it that way, and honestly? He had never expected this. Sometimes Y/N had acted as if she didn’t have a lot of emotion, reserved and a bit quiet when she expressed herself. The one time he had gotten her to let go was during sex, where he truly felt her desire. That was maybe why he liked the attention from other people. She wasn’t very forthcoming with praise or overly lovey with him, and it had hurt a little. But he could deal with that later, because his poor fucking girl was sobbing in front of him.

“No, no… sweet girl. Please.” He watched as she dropped down to sit on the floor, gathering her knees to her chest as he followed after her. “Hey- M’so sorry. I didn’t think about it like that. I really didn’t. I was just talking out of my ass because I was hurt we’re still broken up a-and I shouldn’t have said anything but….” He sat down fully next to her, pulling her body on to his lap. She tried to squirm at first but he could tell it was half hearted as she settled down a moment later, the sobs wracking her body as his arms wrapped around her and his lips went to her ear. 

“M’so sorry, sweetheart. I didn’t ever want to make you feel that way. You’ve always been so important to me and this is breaking my heart.” He whispered. “Hate that you’re crying because of me. I hate that I ever made you doubt that you were important to me, or that I respect you. I do. I promise you, I do.” He whimpered slightly, desperate to get her to believe him. “I’m an ass, I know. But you have to know I do, I love you so much. I’m so fucking sorry for throwing that in your face.” 

In the grand scheme of things, he knew that some people would think she was overreacting- but he understood now. He hadn’t truly meant to take it that far, hadn’t even stopped to think that those exact women had been sources of insecurity. They were the first to pop into his head because he had rejected them again tonight, waiting for Y/N to arrive. 

He never wanted to be broken up with. He had planned on being with her forever, and he had fucked it up. 

Her cries started to fade, sniffles taking the place of sobs as he whispered soft words, consoling her. He knew he’d fucked up tonight, in their relationship. He hadn’t communicated the way he needed to and he played games, but he thought that it would get a different reaction. His intentions weren’t to hurt her. Selfishly, stupidly, he assumed it hadn’t phased her. That she was just angry and not upset. 

If she’d give him another chance he’d fix it. He’d make sure to open her up a little more, make her feel more safe. Reign in his flirting, make sure he was just polite instead. He’d never put their relationship in jeopardy again. “C’mon. Come with me, to my room.” Standing up, he pulled her along with her. It said a lot about her right now that she wasn’t fighting, letting him lead her to his room with her hand tucked in his own. Her face was downcast, making sure no one could see that she’d cried as Harry took the key from his pocket and undid the lock. He really didn’t want strangers in his room.

It was still the same. His navy bedspread and Nirvana posters on the side of his wall, his desk slightly messy with a leftover fast food cup sitting next to his water bottle on his night stand. He’s gotten it for her, because she got thirsty in the middle of the night. 

What really got her attention was the framed photo of them that was right next to it. Her soft smile and his wide one, teeth out as he held her in his lap. His flannel was around her and his hat was backwards as he snuggled her. It had been cool that night but there was a bonfire, not enough seats and a handsy Harry ready to make his lap her throne. Her throat tightened as she looked at the photo, dropping his hand and wrapping her arms around her body to self soothe before she walked up to it. 

“Why do you still have this up?” Her voice was shaky still, looking down at the happy memory. 

“Because I still love you. I told you.” Hands were placed on her hips as she was brought into him, hugging her from behind as he unwrapped her arms and threaded their fingers together. “I know I’ve been shit. I’ve been… impatient, an attention whore, all of the insults you’ve said. But I love you. I have since day one. I’d have never cheated on you, regardless of what you may believe.” The idea of it made him feel ill. 

“Then why?” Her wavering voice made him frown. “Why did you keep flirting with people in my face? I know you said it was cause I wasn’t giving you enough compliments but I didn’t know you thought that.” His heart nearly snapped in two when her voice broke. “I thought the world of you. I was so proud to be with you and then… I thought you just didn’t like me anymore. I know…” A deep inhale was felt as her tummy lifted both of their arms. “I know I can be a little cold or quiet, but I had no idea you felt neglected. I pulled back because you kept talking to other girls how you used to talk to me and… I didn’t feel like it was okay to.”

It made him feel worse. Hearing this now. Y/N had broken up with him and he’d been hurt, his pride making him sneer at her and the nastiness was even more uncalled for now that he knew. Y/N wasn’t a bitch, she wasn’t unfeeling- she didn’t feel safe. He’d done that to her because he was the little bitch here, not giving her the safety she needed in order to open up. While they should’ve been continuing growing, he got his feelings hurt and made it impossible for her to feel like she could give those things to him. 

“I’m sorry.” His voice was weak. “I’m sorry. I’ll keep saying it. I didn’t mean it. I promise, nothing I've said is true. I wanted to wind you up, I wanted to fuck you because it was the only way you’d get close to me again. I never intended on making you feel unsafe with me, fuck. That’s the last thing I ever wanted. Makes me feel sick to hear that.” He nuzzled against her neck, placing a kiss there before pulling away, unwrapping them and sitting on the edge of his bed. Y/N wasn’t fighting him, so he gently tugged her to sit on his lap, this time facing him. “There she is.” A sad smile lifted his lips, thumb wiping away the streaks of mascara that had flaked off with her tears. “Still so pretty when you cry, even if it breaks m’heart.” 

It was worse than a kicked puppy. Y/N wasn’t a huge emoter so knowing that he’d done this had made him wonder what she did alone. How many other times he’d made her cry but she wasn’t solid enough around him to do it in front of him. 

“You broke mine.” She whispered, looking down at his shirt. “I don’t mean to be a bitch. I was just scared.”

“Oh, sweetheart.” He swallowed the lump in his throat. “Let me fix it. Please?” Holding her face in his hands, he got her eyes back on his. “Let me make it better. I won’t do any of that ever again, I’ll communicate better… Just let me make your heart feel safe again.”

Y/N knew she was a sucker for this. She shouldn’t say yes. Every part of her except her brain was screaming to stay, though. While her head was telling her to run away as fast as she could, her heart thudded in her chest and her body wanted closer to his own. It was a decision she may come to regret, maybe she’d hate herself for it, but she couldn’t let go. “O-Okay.” She whispered, feeling his head fall against hers. “Please don’t break my heart again, H. I can’t do that again.” 

“I’d rather die.” 

His lips were pressed against hers, and moved quickly from there. 

One of the things that never lacked with them as a couple was sexual chemsitry. It’s what had them so obsessed with each other at first. The best way to get Y/N to express herself was when she was full of cock or close to the edge of orgasm, which was why Harry had no problem saying his apologies between her legs. 

“M’sorry, baby.” He crooned, licking over her drippy slit. “So, so sorry. M’gonna take care of you.” Lips pressed kisses to her clit, a keening whine leaving her lips as fingers clutched his hair and brought him closer to her. His mouth had always been his greatest gift and biggest curse. Somehow he knew all the right things to say, all the right things to do to pleasure her but always stuck his goddamn foot in his mouth. He was going to change that now. 

Dark green gazed into hers as he took another broad lick, the tip of his nose brushing over her clit. Large hands with chipped polish wrapped around her thighs and kept them spread, his hair a mess from her hands carding through it with their hot makeout and now his time spent working on her pussy. This was undoubtable a perk of being with the man, knowing how much he genuinely loved to eat pussy. He’d spend hours licking and sucking on her, making her sensitive and cum over and over again whenever he had the chance. For his birthday he’d genuinely wanted a day inside with her where he spent the majority of his morning eating her for breakfast, her thighs his perfect earmuffs from the snow that happened to fall on the day. 

Whenever they spent time apart he missed this desperately. He’d not even tried to find someone to replace this because he knew the feeling wouldn’t ever be the same. Sure, he’d loved eating pussy before Y/N but it had turned into a full on obsession with her. No one had ever tasted as good, made as many cute noises, squealed when his mouth latched on her clit and his finger curled just right- like he was doing now, holding her bucking hips down. 

“Oh, I know, Mama, I know.” He cooed against her. “Feels so fucking good, doesn’t it? Needed my mouth on this greedy fucking pussy…” Pursing his lips, he spit over her slit and watched it drip with a hiss before usng his tongue to spread it, digits dripping down to his wrist before his tongue trilled over the swollen bud. It didn’t take much to push her over, but a well timed smack against her thigh to get her to stop squirming had done the job. A wet gasp tore from her mouth as she squeale his name, simultaneously pulling his mouth against her and trying to push him away. Using his strength against her, he made sure to lick up a bit before spitting again, leaving her pussy wet and messy as he climbed up her body and kissed her hard. 

His chin was wet and she knew he was a fucking mess but her tongue delved into his mouth, tasting herself on him. She could hear the tug down of his zipper, felt him moving and wiggling his pants down but she was too busy sucking on his tongue and reveling in his moans against her to think twice before she felt the tip of his cock smack against her cunt. 

“I’m clean, baby. No one but you, never need anyone but you.” His grip on her chin was tight as he rutted himself against her cunt. “Even when you were being a miserable bitch t’me, all I wanted to do was love on you. M’gonna make sure you never fucking doubt how much you own me again. This is the only cunt I need.” 

There was sick satisfaction that rolled through him as he slid into her and felt the stretch, watching her mouth fall open as she was filled. It only confirmed what he had hoped- she hadn’t been fucking around much, if at all. Granted, he was thick and long and it would be hard to beat him, but he knew what she felt like when she was well fucked. “Oh, look at that…” He whispered, angling her head down to look at where her pussy lips clung to his cock as he pulled out a bit. “She missed me, didn’t she, baby? Sweet pussy missed my cock so fucking much, doesn’t want me to pull away.” 

Harry was by far the filthiest man she’d ever experienced but that’s part of the appeal. He may be a bit of an asshole, but god, he knew how to fuck. How to kiss. How to make her feel special when he wasn’t being a dickhead. Moments like this always wiped that shit clean, the slate cleared and her head foggy as all she could focus on was how right he was. “Yeah- yeah, don’t take it from me again.” She growled, digging her nails into his skin. “Don’t fucking take my cock from me again, don’t make me walk away. This is mine.” 

Harry hissed, loving the sting on his skin and how she spoke. Y/N could be a fierce little bitch and he loved that about her. She hadn’t been pleased tonight and he’d taken it too far, but she was going to have no doubt how much he had been missing her. Their hate sex had been good, but their makeup sex was even better. “Never, Mama. Never, it’s all yours. You’re right.” His voice soothed, pushing back into her and reveling in how hot she was. Tight. Everything he could possibly need. “It’s yours always, and I don’t want anyone else. Jus’ want you to let me love on you, make you feel good. Be my girl again. He had everything else he wanted, but Y/N was the missing link. He’d fucked up with her, but he wouldn’t do it again. Not when this was how explosive it was between them. 

“You better fucking treat me right.” Her hand held his face now. “Better be so nice to me, buy me f-flowers and hold my hand… Fuck me good, make sure all the other b-bitches know that you’re taken.” Her legs wound around him and he felt a heel surely to bruise his ass, but he didn’t care. “Don’t let them think you’re available because you’re an attention whore.”

Harry moaned at the degrading words, because they were true. He was indeed an attention whore and he’d never deny it. “Only for you, baby. Want all your fucking attention… fuck.” He hissed, thrusting slower as he looked at where they joined. “Creaming on my cock already, really must have missed me.” Noses brushed before he fucked harder into her, trying to bring her to the edge. “Fingers didn’t cut it, did they? No toy can make you feel as good as his. Know that you needed Daddy t’fuck you right.” 

Y/N let out a wail as he tugged her hips up, his face leaving hers to sit on his knees while he fucked her. He was getting the spot she needed, saying the words she wanted and she felt hot all over. Syrupy, sticky hot as she dripped down her ass as the sound of their sex filled his room. The music muffled behind the door didn’t matter, all she wanted to hear was his dirty talk and the sound of their skin. “Yes, I needed it Daddy- Fuck me, fuck me right. You always make me cum over and over…” her head rolled back on the mattress as her fingers found his wrists, grounding herself as he fucked her steady and hard. 

His eyes took in the view of bouncing tits and a messy cock pistoning in and out of her creamy cunt, breathing heavy while he felt her tighten up on him. His goal was always to make sure she came over and over, a generous lover being one of his positive attributes. “Mhm… It’s never changed, Mama. M’gonna give it to you just like that. God, you look so fucking pretty on my dick, baby. Need to capture it.” He adjusted slightly as he took his phone out, thankful his pants had only been down a few inches as he pressed record. A breathy laugh left him as he fucked into her willing body, aiming the camera down at her face. “Say hi to the camera, pretty girl.” He crooned. 

“H-Hi Daddy.” She mewled, preening under the attention. It was a guilty pleasure of hers, knowing he had the filthy images and videos on his phone. It was even better to watch it back and see just how wrecked she got from him. “You’re gonna be nice to me so you- so you don’t have to delete these, right?” He’d had to delete all the videos when they broke up, but she hoped this time they’d get to stick around forever. 

“Of course, my sweet girl. Never gonna fuck this up again… Not when we look so fucking good together. Feel so fucking good together…. Fuck, look at that…” He got a close up of her cunt as it stretched to fit him, clinging to his length. “You’re gonna cum, I can feel it.” His eyes met hers as he started to get her to the edge, her face glistening and eyes hazy. “Go on, baby. Do it. Cum on my cock, make a fucking mess.” 

Harry could feel it as she did, the high pitched whine of his name and the bite of her nails as she writhed on his cock, the camera capturing her face as she did so. Mouth open and eyes rolled back, the blissed out smile following as he fucked her through it. He didn’t stop, tossing the phone to the side as he kissed her again as his cock pulsed, trying to hold back his own orgasm. “Mmm… fuck. I love when you cum on me. So gorgeous, all mine.” He rubbed their noses together again while humping into her, her impossibly hot cunt clinging to him as he peppered kisses to her face. “But I’m not done with you yet.” 

“No?” She grinned, feeling drunk. “Should have known, you sex maniac- fuck.” She pushed his hand away from her cunt. “Give a girl a minute, fucks sake.” 

“Just got you back, can you blame me?” He smiled against her mouth, sucking her lower lip into his mouth and grazing it with his teeth. He wanted her to look freshly fucked and glowing tomorrow when she had to meet up with her friends for brunch, sure to piss them off with the news that they’re back together. “Mean it, I’m not letting you go this time. Never again.” His smirk got bigger. “Pussy’s too fucking good.” 

“Shut up, slut.” She pushed his face away playfully. You’ve got more than one orgasm to go until I think about taking you back. Prove your worth to me.” His cock could be felt twitching inside her yet again. 

“Whatever you say, Mama.” He cooed, pulling out of her regretfully. “Now, get on your knees. I’ve got to say sorry to your pretty ass.”

[55sturn]

reader and bff!matt going out to the club for a couple drinks and getting a lil handsy on the uber ride back to his place

✮ A DRUNKEN NIGHT WITH BFF!MATT

disclaimer: alcoholic consumption, nsfw, heavy petting, dry humping, implications of going further.

matt leaned against you in the backseat, his head resting against the headrest behind him as the one too many shots of tequila made his head spin. but that wasn’t the only thing making the car seats in front of him blur and twirl, or making his head feel fuzzy.

it was your perfume. and the closeness of your body. and the way you reacted to his touch. and the way the skin of your thigh felt so soft beneath his hand as he dared to inch his hand beneath the hem of your ridiculously short dress. another thing that made his mind swarm with thoughts of you, in a way he definitely shouldn’t think about his best friend.

“you smell so good.” he hums against your bare shoulder, the fingers of his hand now pushing fully beneath your dress as you struggled to keep yourself steady. the feeling of his hands barely roaming your body had you struggling to bite back your whimpers, wanting to beg for something more from him.

biting the bullet, his hand ventures further as his lips press against the side of your throat, your head falling back as his fingertips pressed against the lace of your thong, your arousal seeping through, making his lips quirk up into an arrogant smirk and you can’t hold back as you turn toward him, capturing his lips in your, desperate to wipe that smirk off his face.

he’s got half a nerve to even considering not pulling you into his lap, and so, against his better judgment that he’d hold sober, he’s pulling you into his lap, not really giving a fuck about the driver in the front grimacing at the sounds of you making out, nearly dry humping one another.

his hands are quick to guide your hips back and forth over his hardening cock, while simultaneously pulling harder against him, the pressure of your cunt pressing against his cock feeling far too good for him to stop, he needs this. he’s spent too long pining after you.

as the driver pulls onto his street, you’re nearing your orgasm, the frequency of your whines and the way they’re climbing in pitch telling him so. so he’s making sure to guide your hips faster against his, wanting to see you fall apart in his lap. and he’s swallowing your whines as the driver parks in his driveway.

your heads are cloudy, and neither of you are sure if it’s from the alcohol or from the post orgasm haze, but when you stumble up to the front door, his hand pulling you along, and the giggles falling from your lips have him feeling so giddy. so when he tugs you into the safety of his room, you find yourself feeling happier than you ever have, and you know that this won’t be the last time you find yourself in his bed.

taglist: @worldlxvlys @gamermattsgf @vanteguccir @sturnioloshacker @sugrhigh @bratzforchris @teapartyprincess4two @lustfulslxt @patscorner @guccifrog @muwapsturniolo @soursturniolo @solarsturniolo @sturnioloshacker @raysmayhem-72 @meanttomeet @breeloveschris @ghostofbrock @l9vesick @freshloveee @fawnchives @cindylcuwho @thc-bolter @freshloveforthefit @freshsturns @forevergirlposts @sturniolo-fav-matt @sturnifyed @querenciasturniolo @pinklittleflower @ellie-luvsfics @strniolo @junnniiieee07 @hearts4chriss @evie-sturns @hysteria-things @sturniolossss @iliketotalk @mattscoquette @dazednmatthews @bambi-slxt @nickgetsmewetter @inkyray @jnkvivi @cdbabymp3

© 55STURN 2024 ! REBLOGS NOT EXPECTED BUT GREATLY APPRECIATED ! [ you do not have permission to copy or save or share my work to other platforms and devices! ]

[rideboomindia]

RideBoom always working hard to make its platform safer for drivers and riders from the beginning. Each driver in the RideBoom platform goes through some sort of training and question answer before getting his account gets activated.

Extra features like driver gender selection make it safe to travel with RideBoom the riders and makes it safe for the riders to select the driver according to their safety.

According to a recent report, RideBoom shows that there is no incidents or any complaints so far either from a passenger or a driver having successfully completed more than ten thousand rides.

"This why RideBoom is different from the other players in the market for the same domain"

RideBoom is the first bootstrap on-demand ride-share company that keeps growing its network in major Indian cities without any outside financial help or funding and this is all happening because of the support getting from the drivers and passengers.

Drivers Advantage

Earn more and learn more at the same time

Get first preference on attached customers

Earn when you are not driving

Mental support for the drivers

Riders Advantages

Bonus ride credits on downloading the app

Ride credits RB coins at the end of each ride

Select the driver's gender for your own safety

Share the live trip details with loved ones

[hoshigray]

random thought, but like Gojo getting a little handsy while the two of you are out together with your friends.

a/n: yeahhhhh I have no excuse, this literally just popped up in my head two days ago, just read lol

cw: Gojo x fem! reader - nothing too sexual, but very suggestive, so minors stay away!! - fingering (f! receiving) - sexual acts in a public area; in a café - other people present but they don't know what's going on - pet names (angel, baby, princess) - Gojo putting you through hell but you get your getback :3 - you may [or may not] feel second-hand embarrassment, we shall see.

wc: 1k

"...Then I turned to him and said, 'I know you don't think I'm going to have sex with you after you've done thrown up on my dress.'"

"Nooo, after the dress was how much—"

"Right!! So I nicely shoved him off me and called an Uber to..."

It was a pleasant sunny hour to spend with your friends at a local café not too far away, mingling and catching up with them from the last meetup. It was always a splendid time having moments like this with them.

But what made this time a lot more striking was you bringing your boyfriend over! After many weeks of your friends wanting to meet the guy — not to mention him bugging you about also wanting to see your close buds — you promised to have him tag along for the next in-person meetup. And, low and behold, your partner, Satoru Gojo, wasted no time having your mates attracted to his sociable charisma.

Not that you'd think he'd be out of place — if anything, you knew he'd be able to swoon into their sweet graces. With his dashing smile, alluring sky-blue eyes, and engaging conversations, it was only a matter of seconds before the white-haired man could take your spot and engage with your pals. Shit, it's practically happening right now as you sip on your iced tea while he's listening to one of them reminiscing about a terrible night they had last night.

Nevertheless, you're not complaining. A boyfriend who gets along with your friends is better than not, right? That's why you watch and listen to your friend's story with a smile, happy to know that combining two parts of your world results in new companionships.

That is, until, you feel someone's hand land on your thigh. At first, you paid no mind to the action since it's nothing you're not familiar with when it comes to Gojo. But then that exact hand ventures further down and slowly sneaks past your skirt. Your brows furrow with your inner thoughts. I know this man is not trying to start something right now...And when you feel his slender fingers brush your inner thigh, you get your answer.

Your lips release the straw to your iced beverage, and you slowly lean toward your boyfriend. "Gojo," your tone hushed only for him to hear as your companions seemed preoccupied with a talk of their own.

"Hmm?" The tall other leans a bit for his ears to properly hear your whispers, his face still facing front to your friends.

"Can I ask why your hand is up my skirt in public?" You knew by the playful snicker rumbling his chest that his answer would be far from appropriate for the situation.

"Whaaat~, can't touch the love of my life?" He whispers back to you.

"Can't if we're out in the open at a fricken' café," you hiss with a glare from your peripheral. "Especially with others within—Hmmm." Before you could finish that remark, two fingers brushed on your panties, rubbing gently between your clothed folds. He snickers — both at your stifled response and as a faux reaction to a part of your friend's storytelling.

"Sorry, but I can't help myself when I wanna touch my princess." You notice him peeking at you from behind his dark shades. His fingers form a curling motion, causing your body to slightly jerk and prompt your legs to a further spread. He brings his chin down to your ears, his chuckles easier to interpret their mischievous connotation. "Plus, when did I last see you wear that skirt? Had my eyes on it since you looked at the mirror before we left."

God, I hate his ass so fucking much. "Who said I was wearing it for you?" You retort, wanting nothing but to wipe that dumb smirk off his handsome face. "I wore it because of—Ohhh!!" To your surprise, he swiftly puts his digits inside your panties; the sudden warm contact on the folds of your chasm prompts a sneaky cry.

...A cry so sudden that, of course, your friends stop talking to look in your direction with perplexed expressions. Of course, they would look. Oh, for fuck's sake...

"Uhhh, you okay, Y/n?" One friend blinks while surveying your body language. The other chimes in. "Yeah, you don't look so good; ice tea went the wrong way?"

Quick with your feet, you cough up your answer. "Ahem—Y-Yeah, I'm fine, guys. I was just thinking, ya know," your hand snakes down to Gojo's to pinch the skin, the tall other jolting his hand away from you. And you know he looks to you with pain, yet serves him right. "Since you two are getting along with Gojo, why don't we take him to the mall and show him our favorite spots? He has a good eye on clothes, plus I'm sure he'd like to try the crepe stand in the food court."

The look on your buddies' faces expressed nothing but delight at the idea you pulled out your ass. "That's a great plan, I'm down!" One says while the other nods frantically. "You up for that, Gojo?"

Rubbing his pinched skin, Gojo sends the two a smile. "Sure! I'd love to spend more time with my baby and their friends." He then leans to kiss you, but with a kick to the shin, you turned his face from a lovestruck fool to that of a hurt puppy. Your friends watch as the snow-haired man quivers and puts his forehead on your shoulder for support.

"Hmm? What happened?"

"Don't mind him; he was rocking his chair and probably hit himself with one of the legs." You speak for him as you watch your boyfriend tremble in pain with a smirk on your lips, the two others giggling at your seemingly clumsy man. It's your turn now to whisper to his ear. "That's for that little stunt of yours."

Gojo's laughter seethes through gritted teeth. "Are you really my angel? You're such a meanie...Don't think I won't do it again, princess."