They rise in interest rates and the end of easy VC money has swung the dial back to: Companies actually to generate profit and not just show user growth to be attractive to investors.
Yep, but also, I think spez is done. He’s just cashing out and fuck you etc… etc…
He’ll catch enough to successfully eject and thats that for him. Reddit will die. But we’ll have survived, and the open web will continue.
Yes, he will cash out but I feel it will only be a fraction of what he hoped to get.
He will be comfortably rich but to someone who expected to be obscenely rich, he will see it as a failure.
Serves him right for pissing on Aaron Swartz’s grave. In fact, it’s hardly justice.
I’m not convinced Reddit will die. I think it will continue to limp along in its zombie state. But I kind of wish you were right, just because I’m still a bit mad about it.
I think it will continue to limp along in its zombie state.
Well, Digg still exists…
