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What is Reddit CEO Steve Huffman doing? (www.theverge.com)

submitted 1 year ago by Madison_rogue@kbin.social to c/RedditMigration@kbin.social

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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.

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[–] Lemmylefty@lemmy.world 20 points 1 year ago (8 children)

Remember, this is the guy who said this about his chances in the event of societal collapse:

Huffman has calculated that, in the event of a disaster, he would seek out some form of community: “Being around other people is a good thing. I also have this somewhat egotistical view that I’m a pretty good leader. I will probably be in charge, or at least not a slave, when push comes to shove.”

Source from The New Yorker.

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