this post was submitted on 27 Feb 2024
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And remember, because I feel this always needs to be said with such sums...
193 million isn't enough for him, and 193 million plus whatever millions he made in years prior isn't enough for him. He's going public because he's a broken, disturbed human being that looks at his unethical levels of wealth, enough for most of the other humans that live here to live 2 dozen extravagant lifetimes, and still demands mooooooaaaaaar.
Why isn't this widely accepted as severe mental illness?! This is hoarding disorder.
These aren't big ocean house sums. These are buying politicians sums, and they are only achievable through exploiting other human beings and selfishly pocketing most of the value of their labor because you can get away with it.
After they introduced reddit gold, they made enough money to finance the service beyond anyone's lifetime. Now, all that money is gone.
Reddit has been mismanaged, just like almost every silicon valley or venture capitalist driven business. The goal isn't to make a business profitable, let alone one that is sustainable or serves society, the goal is to meet a certain arbitrary metric that only serves shareholders at the expense of anything and everyone else.