robotdeathsquad,
@robotdeathsquad@mastodon.social avatar

Every time you hear the Reddit CEO talking about how they need to become profitable, remember they raised $250m and then spent the last couple years building this: https://nft.reddit.com

#reddit #HuffmanOut

amplus,

@robotdeathsquad I've been using reddit for the last 10 years and I never knew that was a thing... Good catch. That ceo really is ridiculously incompetent

boldiegoldie,

@robotdeathsquad they gave them away for free at one point because nobody used them lol

synlogic,
@synlogic@toot.io avatar

@robotdeathsquad I was a subreddit mod there a long time ago. unpaid volunteer work. Reddit has been abusing millions for over a decade both by benefitting from the labor of unpaid volunteers and unpaid content creators. early on I loved Reddit. but I grew to hate it and quit it totally

kelce,

@synlogic @robotdeathsquad Yes, when you think about it what does reddit actually do for the community beyond maintain servers? The unpaid moderator bit is wild.

jargoggles,

@kelce @synlogic @robotdeathsquad
That's not fair. They also have a shitty app that they maintain and are going to force everyone to use despite the fact that they didn't have to pay a dime for other people to develop much, much better apps.

mangotable,
@mangotable@famichiki.jp avatar

@robotdeathsquad the recent nft / crypto venture capital frenzy reminds me of the late 90s dot com craziness. Tech venture is so trend / pack oriented.

robotdeathsquad,
@robotdeathsquad@mastodon.social avatar

@mangotable It just really puts their current bullshit in context. Why was NFT avatars ever the plan? And if you're going to invest all that $$ into it, and have it not work, shouldn't you take some responsibility for that not turn around and blame a guy that makes $500k/yr on an iOS app because it's better than yours?

mangotable,
@mangotable@famichiki.jp avatar

@robotdeathsquad I look forward to a greatly reduced market cap if they try to IPO later this year.

titociuro,
@titociuro@mstdn.social avatar

@robotdeathsquad @sebj One doesn’t get profitable nuking the source of your wealth. He’ll find out. Painfully.

snappy_ranger,

@robotdeathsquad There should be an ACTIVE petition calling for Steve Huffman to resign as CEO of Reddit.

robotdeathsquad,
@robotdeathsquad@mastodon.social avatar

@snappy_ranger I gotta assume the Board gave him an ultimatum, so I'm guessing there kind of is, in a way.

stux,
@stux@mstdn.social avatar

@robotdeathsquad 250m :amaze: 💸

Why would anyone in their minds do that..

jan,
@jan@toot.io avatar

@robotdeathsquad Is NFT still a thing?

JungleGeorge,

@robotdeathsquad how did anybody ever try and sell NFTs with a straight face 😒

glennsills,
@glennsills@dotnet.social avatar

@robotdeathsquad True, but business dudes are gonna be like that. Just move on. Do you really need Reddit?

duckles77,

@glennsills @robotdeathsquad
Considering the first result to almost any google inquiry for how to fix some problem is a reddit link.... yeah... unfortunately for now we kinda need reddit.

glennsills,
@glennsills@dotnet.social avatar

@duckles77 @robotdeathsquad You know I've been hearing that a lot lately and I don't think I believe it. I google a lot and while I occasionally see reddit in the search result it is seldom at the top (although it occasionally is). This seems a bit like salesmanship from Reddit to me.

BinaryDigit,

@robotdeathsquad oh ew :blobcatboo:

veedems,
@veedems@mastodon.social avatar

@robotdeathsquad I never understood it when it launched. Seemed like a dumb thing that no one outside of the crypto bros wanted. What a waste of effort.

bryanjclark,
@bryanjclark@mastodon.social avatar

@robotdeathsquad oh my god

robotdeathsquad,
@robotdeathsquad@mastodon.social avatar

@bryanjclark Put in context his AMA has real tiny 🎻 vibes.

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