Huffman said he saw Musk’s handling of Twitter, which he purchased last year, as an example for Reddit to follow.
The writing is on the wall. Those who are staying on Reddit despite everything u/spez said recently are literally asking to be shit on and will fully deserve it.
Imagine looking at the chaos of Twitter and thinking “wow, that’s a great idea. I need to do the same”
Twitter is seeing declines in usage and has quickly fallen from its position of having an outsized place in the social conversation to a position of being a train wreck everyone is enjoying watching.
Imagine thinking that, then saying that out loud before an IPO.
Actual quote from u/spez leading up to the IPO: “we are not profitable"
Well, he has to disclose that anyway before the IPO so w/e, think he’s trying to have two profitable months before the IPO and then it implodes