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submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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

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[-] qwertyqwertyqwerty@lemmy.one 54 points 7 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 46 points 7 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 11 points 7 months ago* (last edited 7 months ago)

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

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this post was submitted on 23 Feb 2024
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