I mean there are a lot of parallels with Elon and Twitter.
The thing that amazes me about the Reddit tanking - is how sudden it was. For anyone who was paying more attention than I was at the start - how long were there smoke signals for?
I swear it was like 2 Apollo posts within 48hrs straight into blackout shitstorm within the week.
Elon at least hummed and Harred about it for a good while before destroying Twitter week after week and that was fast.
My theory is the stockholders definitely have an IPO planned very, very, very soon and are applying a lot of pressure on Spez to prep Reddit ahead of it. I don’t trust him for a second when he says an IPO isn’t happening for a long time. It’s the only logical explanation I can think of for Reddit’s extremely reckless decisions.
I mean there are a lot of parallels with Elon and Twitter.
The thing that amazes me about the Reddit tanking - is how sudden it was. For anyone who was paying more attention than I was at the start - how long were there smoke signals for?
I swear it was like 2 Apollo posts within 48hrs straight into blackout shitstorm within the week.
Elon at least hummed and Harred about it for a good while before destroying Twitter week after week and that was fast.
Spez seems to be speed running it.
My theory is the stockholders definitely have an IPO planned very, very, very soon and are applying a lot of pressure on Spez to prep Reddit ahead of it. I don’t trust him for a second when he says an IPO isn’t happening for a long time. It’s the only logical explanation I can think of for Reddit’s extremely reckless decisions.