RedClouds@lemmygrad.mltoLemmy.World Announcements@lemmy.world•Reddit CEO Digs In Heels As User Outrage Engulfs WebsiteEnglish
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1 year agoCapitalism unfortunately does not care about the investors there to support the platform. When 80% of stocks are held by the richest 10%, the market moves according to their desires. Money, money, and more money.
Nah, he doesn’t care. Between how much he has now, and what he gets in the IPO, he has “fuck you” money now. He knows this is bad publicity, but it won’t matter in the long run.