this post was submitted on 15 Jun 2023
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[–] linoor@kbin.social 0 points 1 year ago (1 children)

to be fair, he probably can't really do that. If he did I would imagine that shareholders would just replace him.

[–] KagariY@kbin.social 1 points 1 year ago (1 children)

he could do it at the cost of having the company not go for IPO. but we all know he is after the moolah

[–] Kichae@kbin.social 1 points 1 year ago

He might also not really have the ability to do that, either. If the board, controlled by VCs and entities that are looking to offload their stake in never-been-profitable Reddit want the company to go public, the company is going public. With or without spez.