pH3rait's honest work
FartSmarterWell stop doing your part. Stop interacting with Reddit. They are almost certainly doing Place right now just to boost their numbers and you’re falling for it
Yeah, but in exchange for a brief flurry of engagement they have to put up with another wave of articles about angry reddit user protests:
https://techcrunch.com/2023/07/20/redditors-are-already-using-r-place-to-address-api-controversy/
“Oh no, anyways…”
Says the Reddit execs as they show off their numbers to VCs as they prepare for their IPO
Do you think those VC vultures are looking at those numbers in a vacuum? I highly doubt it.
I think VCs are idiot… so yes.
Few industries in finance are harder to break into than VC. They’re mostly incredibly smart, but it doesn’t come off that way because they’re focused on near-term financial returns moreso than developing a usable product. They’re eyeing an exit, so they just need to inflate financials to get maximum return