this post was submitted on 16 Jun 2023
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That kid is in over his head here. He was "hired" as CEO after Ellen Pao's high heels poked through the glass floor, despite him having no education or experience in leadership of that level. There was no one else willing to pick it up at that time. He was like "ok, I'll do it" (as per his own introduction) and users were like "ok, he was there from the start, maybe he understands us. He's one of use, he also can't iron a shirt."
I'm all for letting the common man take control, but this is clearly a guy who thinks he's the next tech-jesus or something, just because the userbase grew out of Facebook.
The actions he's doing now only confirms that he's trying to get his payout and then let it rot. He is just like you and me. Get a check, go home. No visionary ideal, not virtues. Yeah well, at least I have some integrity.
I wouldn't trust him to operate a broomstick let alone a billion dollar company.
Reddit is over with.
I think that the Pao plot arc always planned on bringing Spez back.
Reddit - especially then - had a sort of reverence for the OG founders and discussion would often model them as the "real" redditors and people who really understood the community, changes since they sold were blamed on corporate interests and people were forever complaining that "shit like this wouldn't happen if ..." various founders or original staff were still around. I think it was always misplaced, but it was the culture at the time.
So Pao was brought in as a scapegoat - she was going to make wildly unpopular changes, take the heat, take a dive, and be replaced. She'd get a fat bag, an absolutely glowing reference on her CV, and a huge jump in her career - then Reddit would bring in the popular original founder that redditors liked and respected, and everyone would feel optimistic again. The changes would remain, the community would feel like they'd got their pound of flesh, that they had been appeased, and the site could get back on track.
Don't get me wrong, he's been a hack all along, he's been willing to sell his values to the highest bidder pretty much all along.
And now Spez is playing the same role. He's taking the face position and eating the heat over a bunch of shitty corporate boardroom decisions - that he definitely was party to - in order to inflate the IPO valuation and his cut of the cash. They're going to try and make it look profitable enough and healthy enough that someone else takes the hot potato and then make for the goddamn hills once they're not bagholding anymore.
It's wild that even robotic, psychotic Zuck is more in touch with his company than Stevie Huff-Huff.
Like at least Zuck seems to know what he wants. Metaverse is an insane idea but it's an idea. What Steve Huffing-man wants is money. Clearly. Nothing more. It's pathetic.