I mean, that void clearly looks like it has an opinion.
Yeah, but paying $300 for one is crazy for the average home user. If I am spending company dollars, then sure, there is a reason to go for the brand name. But for my home setup I want something between cheap and crazy expensive.
The entitlement of the younglins these days. I swear, they are getting soft. I have to take the current year, and add twenty, but the lazy ass youth just have to subtract their birth year from the current year. Maths will suffer because they don't have to do addition. Pure insanity and liberal malarkey.
Oh yeah, /s
The beauty of this is the pendatic fixation on the definition of profanity. Sure, no one is going to think OMG is profanity but it means the definition.
I would my money on Prigozhin. Putin has a broken army and the Wagner's are pissed. Russians on Russian fighting is not going to bode well, especially when one side is very angry.
Technically the truth. It's a paramilitary coup.
Yes, but then they would need to hire mature devs. I interviewed at Reddit a few years ago and the "staff" engineer was a smug 25 year old. Their engineering culture is one of elitism and a shocking lack of humility. IMO, the rot from the CEO goes all the way down. It wouldn't surprise me if someone had your idea, but the organization is incapable of execution.
An NFT as your avatar? Wow, it's dumber than I thought.
I would argue that this whole thing will delay or devalue the IPO. Institual investors will look at this rather public fight and question his leadership. And the whole attempt at damage control makes him look bad. The only investors that will look past this fiasco are those who are doing the long play, and even then, they likely won't want Spez involved.
From a risk perspective, Reddit has just highlighted it's biggest risk: the volunteer moderators. The only way Spez will be able to fix that is to replace moderators with AI or paid moderation teams. At an estimated value of $3.4M, and a company that is not profitable, that increases the risk in terms of the business model.
In general, social media is inherently flawed for profits. The path to monetization is ads and data, and the fact that Spez is now squeezing the users make me think that the value of the data and the ads is not producing the returns to compensate for dumb ideas like the NFT project.
The point is to hit reddit where it hurts - ad revenue. There will be a slight spike in interests as people laugh, then the lack of original content will cause people to be bored. New subreddits will have to be created and built from the ground up. Moderating a subreddit with 40m subscribers is hard.
Spez needs to realize that going to war with the users is a dumb move.
Ironically, if Reddit has been up front and said they were killing third party apps, and kept their mouths shut they would have faired better. For a stupid play like this, speaking only makes it worse. This is going to be taught in business school on how to kill a business.
Asa backend dev, it should be a 503 error. I live in 503 land.