616
submitted 2 years ago* (last edited 2 years ago) by alyaza@beehaw.org to c/technology@beehaw.org
you are viewing a single comment's thread
view the rest of the comments
[-] chrislenz@beehaw.org 53 points 2 years ago

Wow. Spez is doubling down on attacking the Apollo dev. You'd think spez was new to reddit with the way he's commenting.

[-] FutureProject@lemmy.one 17 points 2 years ago

I don't get what his angle is. Is it just dumb ego or am I missing something?

[-] Stormyfemme@beehaw.org 13 points 2 years ago

It's all corpspeak. It means nothing except to lie and gaslight users into staying so he can cash out.

[-] chrislenz@beehaw.org 13 points 2 years ago

He's selling and he's going to point his investors to his AMA comments.

[-] Thrashy@beehaw.org 18 points 2 years ago

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.

[-] Stormyfemme@beehaw.org 12 points 2 years ago

Again anything public facing is a lie. The rich investment firms know that it's designed just to try and placate an unruly userbase. Now if something comes of it? Then they'll care. If the blackout happens I wouldn't be shocked if there's wholesame usurpation of the mod teams to reopen the big ones.

[-] Thrashy@beehaw.org 9 points 2 years ago

I fully expect that subs with major frontpage presences are going to get taken over by the mothership and reopened almost immediately. They may even be able to find some poor saps to mod them, at least for a couple weeks until they realize that's a full-time job. But the smaller subs are what long-time and power users end up diffusing to and what keeps them engaged with the site over time, and those are likely going to be dead or zombies shortly. Any investor putting money into Reddit for any reason other than short-term trading or hoping to be at the front of the line to pick over the corpse in a few years has failed to do their due diligence.

[-] neo@lemmy.comfysnug.space 1 points 2 years ago

Now is the perfect time to short reddit stock :o

[-] DJDarren@beehaw.org 8 points 2 years ago

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.

[-] UpperBroccoli@feddit.de 3 points 2 years ago

The people who don't notice are probably not the people bringing the content or moderating the subs though.

[-] makingStuffForFun@lemmy.ml 16 points 2 years ago

It's bizarre to read his comment on that. It's either psychopath behaviour, or... I just don't know. I'm not a psychologist. It is worrying though, to see a human in charge of a social company act like that. He should probably be removed by some legal means just for that comment alone.

[-] crank@beehaw.org 14 points 2 years ago

I do not know much details about the internal power structures of a company like reddit, but it seems like this guy seems to be a real liability at the moment. I wonder why he is being allowed to go around doing this.

Maybe they are giving him enough rope to hang himself so he can be removed from his position in a few days. Firing a disliked manager is a common union busting tactic. If he can be made into the centre of gravity for all the ire, canning him and making some small backtrack could have a lot of people reconsidering leaving reddit.

Or maybe there truly is no plan....

[-] Lemmington@sopuli.xyz 5 points 2 years ago

Wouldn't be the first time they've done that

[-] UpperBroccoli@feddit.de 4 points 2 years ago

He is one of the founders and likely holds a big amount of shares.

[-] ArtVandelay@lemmy.world 15 points 2 years ago

classic bully behavior

[-] nantucketebooks@fosstodon.org 1 points 2 years ago

@chrislenz @alyaza Spez is hitting on twenty.

this post was submitted on 08 Jun 2023
616 points (100.0% liked)

Technology

37805 readers
94 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS