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Not arguing one way or another, but I personally would categorize the implied allegation (Reddit is being unwise in how it manages its finances, on the heels of
by shostack 12y ago
Not arguing one way or another, but I personally would categorize the implied allegation (Reddit is being unwise in how it manages its finances, on the heels of a large investment round being announced) as a bit more than "mild."
Was this the best way to respond? Probably not. Did it warrant some kind of response? Probably.
- nknighthb 12y agoReddit deliberately portrays itself as unwise in how it manages its finances. It's a key part of their corporate image. If any of the investors didn't know this, they didn't do any due diligence. Companies wasting money isn't an unusual theme, either. Even on the days I've been happiest in my employment, I could probably name you a half dozen ways in which I believed the my employer(s) were spending unwise amounts of money on things they shouldn't be.