Gregory's ServerEvery time you hear the Reddit CEO talking about how they need to become profitable, remember they raised $250m and then spent the last couple years building this: https://nft.reddit.com
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@snappy_ranger I gotta assume the Board gave him an ultimatum, so I'm guessing there kind of is, in a way. @robotdeathsquad @sebj One doesnβt get profitable nuking the source of your wealth. Heβll find out. Painfully.  @robotdeathsquad the recent nft / crypto venture capital frenzy reminds me of the late 90s dot com craziness. Tech venture is so trend / pack oriented. @mangotable It just really puts their current bullshit in context. Why was NFT avatars ever the plan? And if you're going to invest all that $$ into it, and have it not work, shouldn't you take some responsibility for that not turn around and blame a guy that makes $500k/yr on an iOS app because it's better than yours? @robotdeathsquad I look forward to a greatly reduced market cap if they try to IPO later this year. @robotdeathsquad I never understood it when it launched. Seemed like a dumb thing that no one outside of the crypto bros wanted. What a waste of effort.  @robotdeathsquad I was a subreddit mod there a long time ago. unpaid volunteer work. Reddit has been abusing millions for over a decade both by benefitting from the labor of unpaid volunteers and unpaid content creators. early on I loved Reddit. but I grew to hate it and quit it totally  @robotdeathsquad As an avid old.reddit.com user I genuinely had no idea that existed. π€¦ββοΈ @robotdeathsquad Shit, never knew about this. Makes me even more glad that I nuked Reddit from my life. I want nothing to do with Cryptocurrency/NFT bullshit.   @robotdeathsquad True, but business dudes are gonna be like that. Just move on. Do you really need Reddit? @glennsills @robotdeathsquad @robotdeathsquad |
@robotdeathsquad There should be an ACTIVE petition calling for Steve Huffman to resign as CEO of Reddit.