Mastodawn

Ms. Penny Oaken Jun 10, 2023

So,

the AMA that Reddit’s CEO Steve Huffman did today was a complete disaster for Reddit;

Huffman avoided taking responsibility for how the company treated Apollo’s developer, and the comments were a popcorn-flinging circus

*while also* being a parade of Reddit community who’s-who, all of whom told the execs participating, that this was not going to fly.

Every stakeholder feels gaslit.

This 6 week period of Reddit history will easily be taught as “How to crash and burn your startup 101”.

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Julio J. 🀲

@PennyOaken it seems to me that we're living through the golden age of lessons on how to crash and burn to the ground "successful" startups.

On the other hand, there's a lesson here somewhere about how, with free money flowing, good leadership isn't that hard to fake. Apparently Huffman and Dorsey practiced a very similar leadership, "get out of the way and don't show up too much or ppl may notice". Well, ppl are noticing now no doubt 🤷