this post was submitted on 23 Feb 2024
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Remember when Spez said it was "It's time we grow up and behave like an adult company"? Apparently, that means paying himself $193 million and single-handedly tanking Reddit's profitability right b... (www.npr.org)
submitted 10 months ago by L4s to c/technology
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Remember when Spez said it was "It's time we grow up and behave like an adult company"? Apparently, that means paying himself $193 million and single-handedly tanking Reddit's profitability right b...::undefined

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[–] [email protected] 68 points 10 months ago (20 children)

So, with all these negative opinions of reddit and spez, I'm both curious what the business world generally thinks of him, and their plan for the business.

Ultimately, the interesting thing will be if investors will give any money when they IPO.

I personally wouldn't, but because I don't like the leaders. Some people don't care, they just want returns where ever they come.

I'm a bit of a hater for this company, and hope their IPO is a flop. We'll see.

[–] [email protected] 29 points 10 months ago (7 children)

Plenty of CEOs are psychopaths, it's practically a requirement to rise to the top. The business world would see him as one of their own.

[–] PirateMike94 9 points 10 months ago (2 children)

Makes you wonder which came first: the psychopathy or the CEO position. Could be an interesting study to be performed, for sure.

[–] [email protected] 13 points 10 months ago (1 children)

The psychopathy. This isn't unique to CEOs, it applies to nearly anyone in a position of power since the dawn of time.

[–] bobgusford 2 points 10 months ago (2 children)

As they say, power corrupts. So, really we should ask what psychopathic tendencies the CEO had before and after his/her rise to power.

[–] [email protected] 6 points 10 months ago

In business, I think it's less that power corrupts. CEO positions aren't being randomly handed to good people. The preexisting psychopathy, i.e. the ability to value money and profit over their fellow humans' livelihoods, is exactly what makes them suited for that position.

[–] [email protected] 1 points 10 months ago

My guess is sociopathy. Same with politicians.

[–] [email protected] 7 points 10 months ago (1 children)

Pretty sure there were many psychopath cavemen but only like 1 or 2 CEO cavemen probably

[–] PirateMike94 1 points 10 months ago

Haha. Fair point!

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