Re:I am Steve Huffman, the new CEO of Reddit. AMA. (2015)
by wkdneidbwf on Wednesday June 14, 2023 @11:58PM
(#36336210)
what you’re describing isn’t all that compatible with vc funding. reddit is what, 10 rounds and $1.3b deep?
they certainly cannot say, “hey board, we decided we’d like to just be a modest profit company”. spez would be out of a job.
the other option would be not taking funding and building a business organically. would reddit have been able to become reddit if they hadn’t taken all that vc money? i’d say probably not but i don’t know anything about anything.
they certainly cannot say, “hey board, we decided we’d like to just be a modest profit company”. spez would be out of a job.
the other option would be not taking funding and building a business organically. would reddit have been able to become reddit if they hadn’t taken all that vc money? i’d say probably not but i don’t know anything about anything.