this post was submitted on 22 Jul 2023
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Reddit Migration

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One of the weirder phenomena of the low interest rate era in tech was a tendency to see companies primarily as investments. The goal was not to have a functional business, but an exit, often via IPO or acquisition. I have begun to wonder if that explains what Reddit CEO Steve Huffman has been up to lately.

Umm...yeah.

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[–] abff08f4813c@kbin.social 18 points 1 year ago

Like how the article points out that "landed gentry" revolts against royalty tend to be more successful.

[–] abff08f4813c@kbin.social 7 points 1 year ago

Yeah we figured that out like a month and a week ago, during the time of the protests themselves.

[–] siewyuk@monyet.cc 3 points 1 year ago

I’ve never seen his face, but now I have, I have to say he has a really punchable one. Right there with Skreli.

[–] xc2215x@kbin.social 2 points 1 year ago

No idea with him honestly.

[–] NotTheOnlyGamer@kbin.social 1 points 1 year ago

I mean, didn't he get a viable exit ramp with Conde Nast?

[–] Lifes_Like_Plinko@kbin.social 1 points 1 year ago

Mr. Ego may not have heard of fragging.

https://en.wikipedia.org/wiki/Fragging