this post was submitted on 17 Jun 2023
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[โ€“] [email protected] 13 points 1 year ago (1 children)

And it's not even about the profit motive, it's about the fundamental way in which he approaches situations with a zero sum game mentality. It's about concentrating power over something as slippery as water, replacing something that works with something shittier BUT that he can control (see Victoria and AMA, or the photo and video hosting instead of continuing with Imgur). It's about regarding with contempt the community that gathered around the site he created.

[โ€“] [email protected] 10 points 1 year ago (1 children)

It's about a guy that sold his stake in reddit thinking it was worth nothing, coming back as CEO when surprise reddit continues growing, and only being worth 10 million in silicon valley where his peers are worth billions. This is the show silicon valley, but in a universe where erlich bachman ended up as CEO of pied piper.

[โ€“] [email protected] 3 points 1 year ago

I read in an article that he was valued 600 million in 2017. that sum actually suprised me.

no idea and I dont really care, but since you brought it up, I thought share..

https://archive.ph/20220703182824/https://www.newyorker.com/magazine/2017/01/30/doomsday-prep-for-the-super-rich