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Tumblr is losing $30M each year, CEO says
(techcrunch.com)
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this post was submitted on 12 Jul 2023
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Trend chasing like this always shows me what CEOs are just morons with no vision
It's a bit like the whole "infrastructure ain't sexy" argument. As the chief executive administrator, you're paid to "strategize", when sometimes, you just need to keep the engines running and the bills paid, but in today's society that's not praised. You need to capture people and investors' ADHD-span, make megalomanous plans that can't possibly ever come true or be some guy who fires everyone to attempt to grow profit margins.