this post was submitted on 22 Jul 2023
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Reddit Migration

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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.

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[–] [email protected] 21 points 1 year ago (4 children)

Remember, this is the guy who said this about his chances in the event of societal collapse:

Huffman has calculated that, in the event of a disaster, he would seek out some form of community: “Being around other people is a good thing. I also have this somewhat egotistical view that I’m a pretty good leader. I will probably be in charge, or at least not a slave, when push comes to shove.”

Source from The New Yorker.

[–] [email protected] 30 points 1 year ago (1 children)
[–] [email protected] 4 points 1 year ago

Holy fuck, that's a fantastic comparison. Re-reading that quote in Dwight's voice fit far too well.

[–] [email protected] 10 points 1 year ago (1 children)

Given how much of a douche he's being (and only because he has organizational power, and not because he has people skills) in the event of a disaster, he'd probably be one of the ones to bite it first, or to be sent on an mission for expendables, to be honest.

When you can't just wave around money or org chart power to solve your problems, then people will start showing how they really feel about you. The way he's running Reddit into the ground shows that he's not a good leader, and the way he's pissing everyone off right now by following in the footsteps of a huge failure (Musk) who's also a jerk is just proving that he's an idiot AND a douche that wouldn't do well if society went awry.

[–] [email protected] 2 points 1 year ago (1 children)
[–] terath 2 points 1 year ago (1 children)

Hah, "I would be around other people!" .... "actually not I'm in my bunker fuck you all."

[–] [email protected] 1 points 1 year ago

I'll be in there with my bodyguards who can't relate to me and no longer have any need for money, they'll do everything I say!

[–] [email protected] 1 points 1 year ago

Betting as a child his mommy told him every day “you’re so handsome and smart”! and when people picked on him he told them so.

[–] [email protected] 15 points 1 year ago

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

[–] [email protected] 7 points 1 year ago

Yeah we figured that out like a month and a week ago, during the time of the protests themselves.

[–] [email protected] 7 points 1 year ago

Doing anything to be like his hero Elon.

[–] [email protected] 2 points 1 year ago

I mean, didn't he get a viable exit ramp with Conde Nast?

[–] [email protected] 2 points 1 year ago

I’ve never seen his face, but now I have, I have to say he has a really punchable one. Right there with Skreli.

[–] [email protected] 1 points 1 year ago

No idea with him honestly.

[–] [email protected] 1 points 1 year ago

Mr. Ego may not have heard of fragging.

https://en.wikipedia.org/wiki/Fragging