MAVEN and it's Economics

1. 81

   Don Bobbittposted 4 years ago

   I have been around a long time, if you look at my age, and I still have a little money put away in the Stock Market.
   I mention this because I go to my investment site a couple of times a week and check on; how much my investments may be worth, whether they are going up or down, and I even read the latest news on these stocks and others that I am interested in; and MAVENis one of these.
   The stock is a OTC (over the counter) one and it is floundering around $0.70/share.
   You should all know that the latest news, I read mentioned that their big name holding (SPORTS ILLUSTRATED) was losing money and that they were implementing a 9% layoff.
   With all of this said, one has to wonder over where we HubPages writers stand as we write our articles on HP and MAVEN?

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   1. 81

      Kyler J Falkposted 4 years agoin reply to this

      It's our job to write the best articles we can so that the community and site as a whole can survive. However, I can see HP losing its funding and killing its servers with very little warning, and anyone who doesn't save their content before then will be screwed. I've recently begun backing up every single article I write.
      
      So, where do we stand? As authors on a self-publishing platform, they'd probably sell us on the corporate HR line that we are pretty much in a lateral relationship with HubPages.

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      1. 79

         Projectlazyposted 4 years agoin reply to this

         I have some insight into this.  A lot of people come to places like this because it feels like working for yourself and that's sort of true. We have to remember we are still just cogs in the machine though.
         
         I was one of Squidoo refugees. I was on that site for 3 years and then one day we were told it was all going to be gone in a month. Some of my "lenses" became hubs over here but most didn't make the cut. There was a lot of quality issues because they were built to be somewhere else. I had to choose between reformating all of them or tossing them. I end up getting rid of a lot. Took the wind out of my sails.
         
         I was making hundreds a month from amazon but I've found HP not as friendly to that style.
         
         Anyway it could all be gone for a minute and don't fool yourself into thinking you are in control. Back everything up and if you have enough in niche make your own site.

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   2. 82

      Solarasposted 4 years agoin reply to this

      The timing could not have been worse to acquire the rights to publish Sports Illustrated.  The pandemic shut down any meaningful sports competitions on the planet.
      
      They have a new President of media, Rob Barrett.  Maybe hey can get increases in viewership/subscribers as pro and college sports heat up.  They had a lot of bad press a year ago, when they let go of some veteran writers, and were caught having hired a high school kid who pretended to be a sports writer.

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2. 81

   Don Bobbittposted 4 years ago

   To paraphrase; Desperation Breeds Strange Bedfellows. But again, where might I and my fellow HP and MAVEN writer end up???

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