As a moderator of a large subreddit (who also doesn't particularly care about Reddit), I'm shocked by how much distain spez (the CEO) has for the users of Reddit. Hey, I get it... running a social media company is really, really hard and monetizing it is even harder.

But I just genuinely can't understand how he thinks it makes sense to publicly disparage pretty much everyone who uses his site. There's no way he can make Reddit better if he's decided every single person who contributes content or curation to it is the enemy.

I guess he looked at Elon, and thought "man, I hate the people on my site as much as he does, and he's getting away with it." The difference is (and I'm no Elon fan), Elon has enough fans to power through. Nobody even knows who spez is.

Oh my, $150K for 7% equity sounds really good. I would offer 30% equity for that amount.

I've been trying to raise $20K for the last 10 years and never managed though one time someone took pity on me and gave me $20K in cryptocurrency as a gift. I managed to stake that on a crypto project in such a way that it was soon generating me around $35K to $70K per year and I used the money to fund myself to work on a Decentralized Exchange for 3 full years which is now operational.

Still nobody will invest in me.

Not wanting to sound negative but can you explain how you are not going to shutdown in a year.

Cheese recently announced the closure of all accounts by the next month. It has the same ideas as your startup (except it’s targeting Asians).

Nailed for being the only guy stupid enough to write instant messages bragging about misleading the FAA.

As a longtime corporate grunt, I can guess exactly how management leaned on him. He should have left and let the scumbags find another patsy to do their dirty work.