this post was submitted on 22 Jul 2023
45 points (100.0% liked)

Reddit Migration

670 readers
1 users here now

### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

founded 1 year ago
 

One of the weirder phenomena of the low interest rate era in tech was a tendency to see companies primarily as investments. The goal was not to have a functional business, but an exit, often via IPO or acquisition. I have begun to wonder if that explains what Reddit CEO Steve Huffman has been up to lately.

Umm...yeah.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 15 points 1 year ago

Like how the article points out that "landed gentry" revolts against royalty tend to be more successful.