Reddit Refugee

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Joined 1 year ago
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Cake day: June 5th, 2023

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  • CEO Steve Huffman told me in an interview last week, “90-plus percent of Reddit users are on our platform, contributing, and are monetized either through ads or Reddit Premium. Why would we subsidize this small group? Why would we effectively pay them to use Reddit but not everybody else who also contributes to Reddit?”

    It’s called a “loss leader,” Steve.

    Dude’s sounding like the kind of guy that cuts IT, security, and janitorial because they don’t bring in revenue. But then, he did say he’s following the Musk model. Which is, basically, that.






  • Yeah, the “Manson Family”. The murders he is best known for (Sharon Tate and co.) were actually performed by his followers. He was convicted on the basis of conspiracy. Though apparently he was directly involved in a couple other murders as well.

    Anyway, supposedly the Manson Family had this idea about a major race war (predicted by The Beatles’ White Album, of all things). They expected to wait out the war and then emerge and rule the ashes. Though Manson himself denied that scenario he was following, I think some of his followers supported it.