this post was submitted on 08 Jun 2023
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Technology
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I don't get what his angle is. Is it just dumb ego or am I missing something?
He's selling and he's going to point his investors to his AMA comments.
Not sure what his responses are going to do for investors' confidence, given that they mostly show a complete lack of understanding of his userbase, and the reaction to them implies that he's trying to sell them damaged goods.
I think the way I see it is that the vast majority of Reddit users have no idea that any of this is going on, and wouldn’t care if they did.
So from Corporate’s perspective, all they have to do is deal with a few weeks of whining and teeth gnashing, before everything calms down again and they can get on with whoring Reddit out.
Ultimately they’ll end up back in the black again, and making enough money from the IPO to not give the tiniest rats ass about any of this. They’ll sail off into the sunset on a fleet of expensive yachts, and never give Reddit another thought.