this post was submitted on 03 Aug 2023
4516 points (99.1% liked)

Fediverse

28746 readers
54 users here now

A community to talk about the Fediverse and all it's related services using ActivityPub (Mastodon, Lemmy, KBin, etc).

If you wanted to get help with moderating your own community then head over to [email protected]!

Rules

Learn more at these websites: Join The Fediverse Wiki, Fediverse.info, Wikipedia Page, The Federation Info (Stats), FediDB (Stats), Sub Rehab (Reddit Migration), Search Lemmy

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

I'm sure he will be gone after their IPO. He's the current Ellen Pao. He's solely taking the blame for making all of the unpopular decisions that they decided as a group that they need to make to have a successful IPO. After the IPO they "fire" him with a wink, nudge, and a massive severance package. Soulless investors are happy (temporarily). Spez is happy. And slowly over years, Reddit's growth declines as the product continues to get worse, so they keep squeezing more and more money out of the people too stubborn to leave.