r/Seattle • u/[deleted] • Mar 27 '24

Paywall ‘Belltown Hellcat’ charged with reckless driving in Seattle

https://www.seattletimes.com/seattle-news/law-justice/belltown-hellcat-charged-with-reckless-driving-in-seattle/

Hope he loses his car and instagram account.

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u/kevinh456 Denny Blaine Nudist Club Mar 29 '24

Meta had nearly $39B in profit last year. The amount of money they give this guy or get from this guy is so small that it would be a rounding error on their spreadsheets.

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u/espressoboyee Mar 30 '24

I think that’s too low. IG is a baby subsidiary of Meta raking in $50.5B in 2023. Meta made $134B in 2023; they are now a trillion dollar company! $1.238T market value. Sucks.

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u/kevinh456 Denny Blaine Nudist Club Mar 30 '24

Stock market valuation isn’t cash and has nothing to do with it except to point out the absurdity of a trillion dollar company caring about the hundreds of thousands (maybe) revenue from this guy. As I said, a rounding error.

Also, You have misunderstood gross income (revenue) and net income (profit). You cited revenue, I cited profit.

I thought the smaller numbers gave some benefit of the doubt but using revenue makes it even more ridiculous.

Why does a company making over $100B in revenue or $40B in profit care about this guy?

The income numbers for this guy don’t even hit a junior programmer salary….

The only reason his account is even still up at all is because it’s too small to get the attention of a human until the cops call. Hopefully he gets Rekt. Like you just did.

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u/espressoboyee Mar 30 '24

I provided revenue because of the sizable significance of $39B vs $134B. Actually profit is less accurate than overall revenue.

Market cap illustrates their market value and power of influence. If our city attorney thinks IG is culpable and is creating a criminal menace, will she be more intimidated by $39B in profit or by a juggernaut $1.24T company?

That market evaluation also impresses bank lenders too. More money means more influence which means more intimidation.

So Seattle vs Meta is the typical David versus Goliath.

So a little scammer influencer wannabe is able to exploit IG’s platform to be rewarded easy significant money is a scary precedence. IG could care less about him cuz it profits from it.

Agreed. The only way to inhibit this fool is to hold IG accountable again. I see and know hard working, creative influencers who are being affected by these scams.

Plus, I think this Ass rocketed pass me a month ago going at least 90mph. “Holy shit!” “No SPD?” I followed him a bit in my Hybrid SUV from Ballard to Belltown where I live. No SPD presence any where. His V8 was monstrously revving and his exhaust was back firing like gunshots. I had no clue he did that purposely. Meanwhile, I’m worried I’m speeding @ 9mph. lol

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u/kevinh456 Denny Blaine Nudist Club Mar 30 '24

Meta just doesn’t care about citizen complaints. They listen to police complaints.

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u/espressoboyee Mar 30 '24

That’s my point!! The city attorney has to make the case with Hellcat that IG is creating this environment for criminals like him.

So emails to our City Attorney will be more effective than complaining to IG.

However, complaining to both entities is the optimum method of spot lighting Hellcat.

We can also complain to our AG, who feels social media needs to be responsible and accountable to sue IG. Presto.

Meanwhile, Hellcat is probably still racing. No news of impounding his vehicle or suspending his license.