this post was submitted on 08 Aug 2024
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A Boring Dystopia
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I don't think the "investment" in Reddit is the usual "invest in company because it will make money directly", but "use wall st money to give stronger incentives about controlling the narrative than ad revenue was previously able to give".
I bet employees have to agree to a hefty NDA to remain employed there. I hope someone breaks that NDA at some point.