Reddit's unpopular changes were inspired by Elon Musk's layoffs & cost-cutting

https://lemmy.world/post/230973

Reddit's unpopular changes were inspired by Elon Musk's layoffs & cost-cutting - Lemmy.world

Imagine cribbing notes from a guy that has seen the social network he purchased drop in value by 2/3rds.
i mean, depending on what do you want to do, this might be a good idea. their motivations remain unknown, maybe they wanted to burn the place to the ground before an ipo, you never know

maybe they wanted to burn the place to the ground before an ipo, you never know I admittedly don't know much about IPOs, but...wouldn't that tank the value and lessen the profit from said IPO?

sure, if your incentives are purely economic, then it does not make sense. but, just look at what musk did with twitter - he burned bulk of its value, sure, but he also had ideological incentives to flood that place with altright chuds, and that worked. this does not make sense here tho
I’d bet there’s gonna be some Saudi money in that IPO.
as in, who would like to see that place burn? like russian govt wanted to destroy livejournal because there was some nest of opposition. i don't know who would that be, but there are some solid candidates
Stop Talking to Each Other and Start Buying Things: Three Decades of Survival in the Desert of Social Media

I bet you're wondering how we got here...

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