• StealthToad@lemmy.world
    link
    fedilink
    arrow-up
    48
    arrow-down
    1
    ·
    1 year ago

    Spez is just trying to make Reddit as profitable as possible before jumping ship. He doesn’t care what happens to Reddit, just what it can get him.

    • PeleSpirit@lemmy.world
      link
      fedilink
      arrow-up
      13
      ·
      1 year ago

      He pissed off a block of his free workforce that then left or were kicked out, that’s not great for the bottom line, yeah?

      • StealthToad@lemmy.world
        link
        fedilink
        arrow-up
        3
        ·
        1 year ago

        He just needs the illusion that it’s profitable. He doesn’t care if user engagement is shitting on him, as long as users are still engaged. Once he’s lined his pockets, he’s gonna jump ship. But not before he’s able to milk every penny he thinks he can get.

        • PeleSpirit@lemmy.world
          link
          fedilink
          arrow-up
          2
          ·
          1 year ago

          Are the investors that stupid? I have a hard time believing that they just blindly go in thinking everything is great when it’s obviously bots a lot of the time and fuzzy numbers being pushed towards their direction. They read the tech news before they buy a tech company, right?

          • StealthToad@lemmy.world
            link
            fedilink
            arrow-up
            1
            ·
            edit-2
            1 year ago

            Honestly I just assume these people are driven by their greed and only care about numbers

            Morality is a lost concept these days, people just want power and money

            I guess to be fair, I have lost just about all my faith in society/humanity so I just assume the worst lately.

            • rm_dash_r_star@lemm.ee
              link
              fedilink
              arrow-up
              2
              ·
              1 year ago

              If he’s just looking to cash out and move on then what he’s doing makes sense. Otherwise it’s insanity. He’ll be going down with the ship. As far as investors, I think it’s mostly speculation.

              • StealthToad@lemmy.world
                link
                fedilink
                arrow-up
                1
                ·
                1 year ago

                I just really get this feeling that he is. Or maybe I’m just trying to apply logic to the situation, because you’re right it is insanity.

      • xeronine@lemmy.biz
        link
        fedilink
        arrow-up
        2
        ·
        1 year ago

        But at the end of the day all his volunteers just want the power, so they caved. Yeah, maybe they got annoyed, but not enough to do anything about it.

        Users on the other hand…