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submitted 10 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 10 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 10 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 10 months ago* (last edited 10 months ago)

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

[-] frezik@midwest.social 2 points 10 months ago

That's me. I started the first episode and I was laughcringing too hard.

[-] Seleni@lemmy.world 3 points 10 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.

this post was submitted on 23 Feb 2024
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