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Discord, Twitter, Reddit, and Tumblr have something in common and it's not good
(www.techradar.com)
this post was submitted on 18 Jun 2023
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Technology
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What I really don't understand is, how all these C suites are apparently a) completely unaware of theor cost structure and b) never seem to understand what they're actually selling.
Reddit is nothing special, do you really need a bunch of Valley bros earning 200k or more?
Do you really need all those stupid extras like NFTs? Reddit launched their NFTs way too late, when even the pretty big idiots started to doubt the concept.
The older I get, the less I understand the whole world of business administration. Nothing makes sense, it feels like 90% of the CEO are working really hard to ram their companies hard enough into the ground to hit magma.
Because those C suites do it for their salary, not for the greater good or the good of their investors.