
Ron Hung
227 posts

Ron Hung
@ronhung
🍣 Serial entrepreneur of sushi burritos and software. 🎯 Founder @ https://t.co/DjSsJtwbtx


Unexpected forms of generosity: -Being early can be a form of generosity. You wait, so they don't have to. -Leaving something unsaid can be a form of generosity. You don't always need the last word. -Delivering your work on time can be a form of generosity. You make life easier for everyone downstream. -Not taking things personally can be a form of generosity. You give people the space to say things imperfectly.


Latest podcast from @Gregory_C_Allen has an insane section on criminal activity at Meta. Internal docs leaked to Reuters show: • 10% of all Meta revenue comes from ads for scams & banned goods ($16B/year) • Meta estimates it's involved in 1/3 of all successful scams in the US • That suggests they drive $50B in scam losses for US consumers alone each year • Meta earns ~$3B annually from scam/banned goods ads run by Chinese operations alone The China case study: • In 2024, Meta made $18B+ from Chinese companies advertising to foreign consumers • Internal teams found ~19% was scams/banned content • An anti-fraud team successfully cut these ads in half • When Zuckerberg saw the revenue impact, he told them to "pause" and the team was disbanded • By mid-2025, banned ads climbed back to 16% of China revenue • This results in money being stolen and going directly from ordinary Americans to Chinese criminals The deliberate enabling: • Fraud earns 10% of all revenue, but anti-fraud teams were blocked from any action costing >0.15%, so they couldn't effectively do anything • Meta charged higher rates for suspected fraudulent ads — a "scam tax" • Their algorithm naturally identifies people vulnerable to frauds and feeds them more and more The cold calculation: • Meta anticipated up to $1B in regulatory fines for this • But they make $3.5B every 6 months from high-risk ads • They view these fines as just "cost of doing business" Senators Blumenthal & Hawley now calling for FTC/SEC investigations in a blistering letter, noting that all this happened while Meta cut safety staff and moved billions over to VR and AI. WTF.


AI videos have replaced every single influencer on my IG feed and I couldn’t be more thrilled. Exceptional content. What a massive improvement! (from themonksbrush_thangka)







Two indie devs made a game where you run your own video store in the early 90s. It’s currently the #5 top-selling game on Steam. - Rent out VHS tapes & manage customers - Charge Late & Broken Fees - Upgrade & customise your store It’s called Retro Rewind - Video Store Simulator


the absolute perfect starter apartment for living alone in your 20s










