Technology

Ohanion was also a fucking prick, shitting up the company while he was there. All the Ellen Pao stuff and the r/IAMA clusterfuck that led to the first big Reddit shutdown? Yeah that was all Ohanion's doing. Then he let Pao take all the heat for his decisions and get ousted.

What more can you say about a man who lets cats with silicone implants have sex with him?

It's sad, really. So much humanity just bought for a sum. So much offered with nothing expected in return. There's always someone who will try to profit from stuff like that, and they're always horrible, horrible people.

Do you have any way of verifying that it is actually gone? I bet it's just gone from view but the data is still there.

I ran the PowerDelete tool last night to nuke my profile

Note that the profile only shows the last 1k comments - I did a GDPR request to get my data (took em a few weeks - they have a month the time to do so) and then used that data to find all my comments and replace a whole bunch of comments with GPT-generated bullshit about spez being a poopyhead.

I won't pick up my shit and move, I'll kill the plants, salt the earth and poison the well. Fuck 'em. It's all for shittificating the site for YEARS.

The people with all the money don't care about anything like this. They don't even care about stewardship/long term value building except maybe the Dupont's and old moneyers. Why wait around trying to make or build something when I can just ride the hype train and make sure I get off and onto the next one before the house of cards falls down?

TSLA's market cap is 618 billion dollars

GM's is 45 billion dollars

Shell Oil's market cap is 200 billion dollars

I've decided that's what's wrong with everything at the core -- the only virtue is money and it doesn't matter how you get it. Spez or anyone else could be doing way worse and everyone would shrug.

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.

A lot of people invest looking not too close, it seems. Those with some knowledge of what Reddit is likely wouldn't, but I think the plan may work.

Member when everyone was Happy Ellen Cho was gone? Peppridge Farm remembers when that asshole promised not to asshole. He lied.

All of Silicon Valley is just like the show. Some friends of mine couldn't even watch it because it hit too close to home.

The trust is already gone.

People end up doing what they have always done, and go elsewhere.

They went to Reddit to begin with, and they can just as readily leave it.

Wasnt that back when you could make anyone a mod, without their permission?

If we're gonna point to things that spez actively has done, then theres plenty of shit..

Like knowingly letting all the pedo subs exist and run rampant (until the news media caught wind and hurt advertising)

"he wasn't actually paid in money. it was just the value of the gold bullion he received".

Is that better somehow? I never understood this logic. Money itself is existentially just paper with no value until you spend it on something, and its value also rises and falls based on other factors. It's basically stock in the US economy.

Why is it not okay to give someone one kind of paper but not another?

Separating these things is how the rich avoid paying taxes.

Stocks and options that he's about to unload in the open market, assuming they will be vested. I think that's the real reason why they are opening up the IPO to Redditors. They want a fair amount of the stock - but not too much! - sold to people with an emotional attachment to it, who won't get in the way of their selling.

Note the Trump people playing the same exact game with DWAC.

His pay was $300k something. So it was almost all stock. To convert his ownership stake into shares ahead of the IPO as you mentioned.

He supposedly owns around 3-4% of Reddit. And they're trying to IPO at an initial valuation of $5B. So when that goes to shit like it probably will this theoretical $192M drops dramatically.