One of the weirder phenomena of the low interest rate era in tech was a tendency to see companies primarily as investments. The goal was not to have a functional business, but an exit, often via IPO or acquisition. I have begun to wonder if that explains what Reddit CEO Steve Huffman has been up to lately.

Umm…yeah.

  • Onii-Chan@kbin.social
    link
    fedilink
    arrow-up
    4
    ·
    1 year ago

    Holy fuck, that’s a fantastic comparison. Re-reading that quote in Dwight’s voice fit far too well.