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Yep. He didn't want to buy it in the end. Once he was forced to, he fired almost everyone to lower overhead as much as possible. He also pulled some heroics in doing so, if you read about the "moving the servers" fiasco, which was an impressively intrepid bit of "getting your hands dirty" getting shit done. I don't know to what extent he has made or could make it profitable, but I don't think he wants it to die. It dying, though, isn't the worst thing, and here he can turn it into a Braveheart moment to boot, winning hearts and minds -- like mine. I see what he's doing, but I love it; fuck advertisers. They've ruined the Internet. Or, rather, monetization in the abstract has. It's disgusting to me how he was asked about trying to bend the knee to suits like Iger, turning the platform into some anemic, anodyne corporate candy world of devout Good Behavior, an eternal kindergarten where we're all trapped forever with the advertisers as our mental jailors, since that's how profits can flow most frictionlessly. What he's doing is stupid -- people's 401ks are on the line. But it's wild how it doesn't seem to bother anyone how that's an argument for spinelessness. It's a New Hampshire license plate "live free or die" moment, and 90% of posters here are advocating for content slavery with tone policing and personal attacks. |