Remember when Spez said it was “It’s time we grow up and behave like an adult company”? Apparently, that means paying himself $193 million and single-handedly tanking Reddit’s profitability right b…::undefined

  • qwertyqwertyqwerty@lemmy.one
    link
    fedilink
    English
    arrow-up
    54
    ·
    9 months ago

    Reddit seems like IRL Silicon Valley. They had no idea what they were/are doing, winging everything, and somehow failing upwards. It’s a complete bullshit company, and hopefully Wall Street will see it for what it really is at IPO launch.

    • bus_factor@lemmy.world
      link
      fedilink
      English
      arrow-up
      46
      ·
      9 months ago

      All of Silicon Valley is just like the show. Some friends of mine couldn’t even watch it because it hit too close to home.

      • flipthetube@lemmy.world
        link
        fedilink
        English
        arrow-up
        11
        ·
        edit-2
        9 months ago

        Exactly. It was dramatized and way more entertaining than reality but the premise was based on very realistic scenarios.

    • Seleni@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      9 months ago

      Remember the whole thing with GameStop? Wall Street knows, but they definitely don’t care, as long as they can make a fast buck and get out.