• 7 Posts
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Joined 3 years ago
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Cake day: June 22nd, 2023

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  • Think of self-hosting as - instead of depending on cloud services from other entities (google/apple/whoever), you host those services yourself by running them on your own pc or maybe your secondary pc running 24/7 (usually locally, in your own home).

    Some common services might be automatic photo backup and storage (like immich), or running an adblocker for your home network, or streaming movie/music from your hard drive to your phone/TV (like jellyfin).



  • As far as I understand, all the money/asset value that goes into funding an organization is owed back to the investors, whether it’s as services bck to taxpayers, or dividends back to stock investors. Any start to an organization involves people/ other organizations seeding it with money

    Taking on a loan gives you both money (pretty liquid assets) and debt (liabilities). If you just use that money to pay back the debt, you’re back to no liquidity - no leverage to do the things that cost money to get kickstarted or keep maintaining.

    So the idea is that, if an organization uses too much in funds/all the assets to pay back the debt, they may not have enough left over to maintain/grow operations.

    Source: I’m taking accounting, am struggling, and hate how evrything seems absolutely bonkers at first. But also, it all makes sense. Because real accounting accounts for goddamn evrything.