this post was submitted on 31 Jul 2026
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Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints (finance.yahoo.com)
submitted 3 days ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
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[–] Hossenfeffer@feddit.uk 2 points 1 day ago

Fourth, the corporate team’s decision making is bad enough to be harmful / fatal in and of itself. It’s sheer luck they’ve done as well as they have this long. Corporate is not only the worst enemy of users and communities, they’re also their own worst enemy. It’s so bad that if one of them was a competitor or adversary that had infiltrated the company in a covert operation to destroy it or gum it up, you wouldn’t be able to tell the difference.

Nah, they just had different goals to what you thought they had.

Did they, personally, make fuck-you-money out of reddit?

Yes, they did.