Idiot took advice from another idiot and is in shambles. I feel bad for all the staff that worked for years expecting a big pay day, but that day was never coming. I don’t see how anyone can make money off of reddit like experience and not destroy it.
It’s worse than an idiot taking advice from another. Musk does a lot of stupid shit because of his ego, and how he’s handling Twitter is one of them. But there’s still some awareness and method in his madness.
Huffman though? He’s trying to implement the same exact steps that Musk followed, in a different platform, and hoping that the result will be even remotely similar. It won’t - the environment is completely different; Twitter never had to handle power pressures from voluntary mods, with a long backstory of strikes. And Musk is honest enough to say a “no, fuck you”, while Huffman is doing that typical Reddit thing where one says “oh my dear, we care about you” while doing the opposite, adding fuel to the fire.
Another thing that Huffman didn’t consider is that investors attracted by a “lean and mean” approach already placed their bets in Twitter. They won’t care about Reddit.
Nice article.
I think it makes people stronger if they are able to change their mind after hearing counter arguments. That bit is definitely missing for him. He is not only jeopardising the trust of the community, but also that of the advertisers and of future investors. I’m not sure which investor will be excited about an IPO.
He now got a giant mess. Sometimes it’s good to step back and look what’s going on. I hope he does that soon, but after spending to 2 days on Lemmy, I won’t return. The damage is done.
The company (i.e. spez) wants to use massive prices to drive away it’s paying and non paying apps alike and kill all access outside their app and new website which most users hate. Also remove nsfw. For great profit.
Moderators and users do have other ideas.
Marty, you’re not thinking fourth dimensionally!
More users on their apps allows them to get higher user-engagement stats for their new IPO, as well as allowing them to increase view-counts on advertising which allows them to generate more revenue.
Never forget the tenth Ferengi Rule of Acquisition: Greed is eternal.
