Learning about B2B sales over the years, the size of this leadership-change factor has been among the most eye-opening (and among the most disappointing).
It cuts both ways: You can have a successful pilot that doesn't proceed because this-or-that VP was replaced, and to show off their bold new direction, the new VP cancels almost everything novel the previous person started. Or you can reach out just at the moment the new guy or gal comes in, right when they're looking for the pieces of their bold new direction, and you become part of that.
I would love to have later learned that leaders who evaluate opportunities separate from personal attachment are seen as more efficient, better, and selected favorably; that more successful companies are less subject to this sort of political/careerist whimsy. Alas. At least I have been fortunate enough to experience both directions in quantities that roughly balance out.
My experience is that it's the opposite: the more successful the company is, the more prone it is to flights of executive whimsy. At more successful companies, it basically doesn't matter what the executives do, because the company's moat is so big that it can tolerate grotesque mismanagement and still make money. (This is the converse of the old aphorism "When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."). Executives seem extremely uncomfortable with the idea that they are being paid tens of millions of dollars and yet nothing they do matters, and so they're intent on leaving their mark. Thus, they cancel all the pet projects of the past management, instill their own ideas, and boldly take the company in a new direction. Except not really, because the fundamental parts of the business that make it work are all handled by people 8 levels down in the org chart whose job functions are considered common sense by everybody and never really up for discussion.
At least, this was my experience at Google, which is perhaps the best money-making machine ever invented and yet is grotesquely mismanaged by mid-level VPs that cancel every promising new product that comes out, only to start their own initiatives that themselves get canceled by their successors.
I've been unlucky enough to work under several executives who thought they could resist direction from the CEO and board. They pushed their pet projects and thought leadership would eventually see the light. Instead they got ejected from the company and replaced with someone who knew how to follow orders.
My cynical assumption when I first saw this was that it was all just politics, but I have to admit that life is so much easier when your management chain isn't fighting uphill all the time. If the CEO and board want the company working on some things and not others, you're on thin ice if your manager is assigning you to go against the company's direction. It's scarier when you may not even know what they're doing to you.
For this specific case, completely pulling the content offline feels like a loss across the board. I could see it happening as an overreaction, to send a message that the new management is serious about not repeating the (perceived or otherwise) mistakes of their predecessors with an unmistakable signal
Anyone tied to the old regime that isn't immediately, obviously, and hugely beneficial to the top of the new ranks is scrapped. Business arrangements and government contracts have to be re-negotiated to cut in new leadership. If business owners don't hedge on both sides, and get in there immediately after the election, they become castigated as loyal to the old regime, leading to more friction, costs, and work to simply get back to normal operations.
Ironically, your comment adds nothing to the discussion other than virtue signaling that you're "in the know" on this subject.
> I’ve always had a fairly entrepreneurial spirit
but that doesn't square well with being a cog in the huge Disney machine.
Virtue signalling is a funny term. What, exactly, does it mean here? In what way is reminiscing about a venture that lasted 15 years of your life "virtue signalling"? It seems to be that word is trotted out as a meaningless cliche, something in the sense of "I don't like this thing, but I'll sound more sophisticated if I accuse it of this nebulous bad thing rather than just saying I don't like it".
The man is allowed to write a blog post about the final conclusion of a huge phase of his life. You don't have to give him your sympathy, but there's nothing wrong with writing about it.
So it sounds messy, but I don't understand Silver's complaint: what did he lose now in 2026, if he had 5 years to back things up starting in 2013? Is he complaining that he lost legal rights to use his IP? or never retained a license to his IP? surely not that Disney physically deleted the archive, 8-13 years later in 2026, why would that even affect him? NYT still has archives of his work from 2010-3. (or was it the SEO effect of the backlinks from the 2013-8 archive?)
Also, he had a choice whether to sell to sports website The Athletic or Disney (The Atlantic was a third interested party but didn't bid). In [0] he says:
> We came quite close to securing a deal with The Athletic... the potential deal with The Athletic hit a last-minute snafu, which there might have been time to work around if there hadn’t been a hard deadline imposed by Disney, but Disney needed a decision from us.
(Well who's responsible for that negotiation, if not him? Anyway how do we know The Athletic deal wouldn't have gone south eventually too, after a decade?)
In any case it's quite possible that with media consolidation, the archives of his models (for 2014, 2016, 2018 elections) would or will go away eventually. In which case, what's the lesson learned about licensing or retaining non-exclusive rights to his own past work? I only see his complaint, no lesson-learned about what he should have done. And even if he sold/relinquished all rights to it back in 2018, I don't see why he couldn't have had someone else clean-code and replicate that work. (Like the days of x86 licenses, or other blackbox reverse-engineering.)
(I try to avoid the term "virtue signaling" on HN regardless when it is/isn't merited, it seems to raise the temperature of the resulting discussion and move it away from the facts, it tends to get read as an ad-hominem).
[0]: https://www.yahoo.com/entertainment/articles/nate-silver-rev...
Sometimes you get an offer that is financially irresistible. And after thousands of hours of hard work you finally get some reward.
Betrayed? That’s why people have lawyers to let them draft really good contract proposal so they aren’t ripped off.
But public whining is somehow a common tactic for getting attention online :)
The core problem here seems to be that the visions of the buyers were not aligned with Nate Silver's vision. He wanted to continue having a blog on esoteric statistics, but with the resources of a news network. They may have wanted to have a news network, and acquire it at the price of a blog on esoteric statistics. This wasn't a loss-leading "feather in the cap" for Disney, but a bet that simply didn't pay off and needed to be put out to pasture.
And the firing of the staff happened years ago and people broadly understood even if they did not agree with it.
The recent decision was to take down an archive that cost $8 in server resources and was still bringing in page views and ad revenue.
The real lesson for both sides is to not divorce “creatives” from the business. Arguably that’s one of the biggest mistakes of legacy media and why platforms like YouTube have been so successful: creatives run the business. There’s not a long complicated feedback loop between creatives / business decisions.
From Wikipedia.
We used to have laws and limits regarding media ownership. One company couldn’t own every radio station in most of America. Distributors couldn’t own studios. Etc.
Disney should never have been allowed to buy 538 in the first place. ABC, possibly…? But Disney shouldn't be allowed to own ABC!! (And if you’re left-leaning, you can’t pin this mess on the “corporation-friendly” Republican Party because it was Bill Clinton who put his signature on this mess!)
The state we’re in is not normal and it wasn’t necessary and we don’t have to just live with it if we don’t want to.
Can’t speak for everyone else, but it wasn’t this for me. It was about 2016 presidential that lost me.
He tries to justify this later about how theirs was better than other outlets but I don’t care. Call it emotional, naive, unfair or whatever you want, but regardless I had zero interest in reading any of their predictions or analyses after that.
Not even mad, just that to my experience they had one job and they didn’t fulfill it at the most important time. They went from appearing insightful to just one opinion amongst so many others.
Elections, like many things, have some inherent uncertainty. A several point polling error is normal, so a candidate who is down a couple points on election day has a decent shot of winning.
A key thing though is 538 did regularly test the calibration their models: https://web.archive.org/web/20190410030104/https://fivethirt...
> "What you’ll find, though, is that our calibration has generally been very, very good. For instance, out of the 5,589 events (between sports and politics combined) that we said had a 70 chance of happening (rounded to the nearest 5 percent), they in fact occurred 71 percent of the time. Or of the 55,853 events that we said had about a 5 percent chance of occurring, they happened 4 percent of the time."
I cannot tell you how much of my professional career I have seen this play out again and again and again.
There is an "executive class" in this country that has never had a real job or done real work. They were born to privilege, they went to elite schools, got their first check from a major consultancy, and then spend their whole career bouncing from C-suite to C-suite. They stare at slides all day, occasionally make a meaningful decision, and more or less spend their time insulating themselves from failure.
This may not describe everyone in charge at every major company, but it describes enough to explain why everything in our economy just feels like it's piggybacking off of a handful of actually good businesses.
I've been burned too many times subscribing to services that go to shit because the owner wanted their payday. Let's stop (only) blaming the buyer.
I can see why they wouldn't be a priority to keep up. For archival purposes, I'd think everything is still in the internet archive?
Nate seems to try to justify this a touch, saying he personally was looking for a specific article. Kind of a special case there…
"Random sample of Internet links" is going to include a lot of absolute garbage.
If we're talking about news sites, or commentary, or blogs, or magazines, or newspapers, or other publishers, the number of dead links will be far higher. Those are the types of sites that are likely to fail, be acquired, get migrated, or become paywalled.
I worked as a technology journalist for years starting in the late 90s. I did a lot of freelance work as well, and almost nothing survives online. There were media brands that were shut down, content migrated to another site, the CMS was migrated from Drupal to Wordpress to something else, there were two or three acquisitions, and so on. Last week, I checked some articles that I worked on between 3 and 10 years ago and they were either 404s or paywalled.
When I left one of the higher-profile pubs in the aftermath of the 2008 financial crisis, I knew my articles wouldn't last even though they were migrated to a sister publication. I made PDF copies of every single one. I still have them in a folder somewhere, not sure what to do with them.
My personal blogs are still up, but even those will die at some point.
Hard to get sympathy here.
In polling circles, the voters tend to be segmented into high and low propensity voters. High propensity voters will always vote. Low propensity voters won't. But the differences are often so small the results can flip on unexpected turnout in just one segment of the voters.
As an example, the 2024 election turned on 3 big factors:
1. Millions of Biden voters in 2020 stayed home. Affordability was the biggest factor but there are were other huge factors too, most notably Palestine;
2. Trump retained the white vote while increasing his share of the Hispanic vote; and
3. Trump activated younger, low-propensity voters. You'll often osee this described as the "podcast sphere". We're talking the people who end up in alt-right pipeline on Youtube and in podcasts (eg Andrew Tate).
Most recent presidential elections come down the results in about 7-8 states. The other 42-43 are known before you go in with some rare exceptions. The most recent exception was Obama in 2008 who won Iowa, for example. Other big sweeps were Reagan in 1984 and Nixon in 1972.
So, with a modern election you can just flip a coin 7 times and you have a 1 in 128 chance of just being correct, 50 out of 50. This is why you need to show your work with any prediction modeling and polling. You need to show how you reached your prediction in terms of turnout as well as how major demographics will vote.
Every election cycle complicates this with external factors and per-state issues. Covid loomed large over 2020 but it also made voting easier than ever, with easy access to early voting and mail-in voting. This changes the high and low propensity voter math significantly. Also, the Arizona legislature went on a mission to punish Native Americans for flipping Arizona blue in 2020 by disenfranchising Native Americans in subsequent elections in many, many ways.
So what tends to happen is that results are close enough that it become s abit of a guess. No pollster wants to be an outlier AND wrong so there's a convergence to mean thing that happens where they all tend to make the same prediction because everybody being wrong is way better, optically, than you being wrong and everyone else being right.
Add to all this, population sampling used to be done on landlines decades ago. Now we just don't have an equivalent and if your sampling algorithm is off, your results are off. Garbage in, garbage out.
I guess my point is that Nate Silver got kinda lucky in 2012 and came back to Earth in 2016 so I've never been that impressed and honestly I jus tdon't care if 538 exists or not.
> What happened in 2024 isn’t something I’d have scripted, though. Basically, their new election model was literally broken, continuing to show Joe Biden virtually tied with Trump even after his disastrous debate. (Evidently because Morris’s design for it had been overcomplicated. These models are hard to design, by the way.)