Sometime this month, Reddit will go public at a valuation of $6.5bn. Select Redditors were offered the chance to buy stock at the initial listing price, which it hasn’t announced yet but is expected to be in the range of $31-34 per share. Regardless of the actual price,
I am so tired of this bullshit. Every time I’ve turned around, for the past thirty years now, I’ve seen some variation on this same basic song and dance.
Yet somehow, in spite of supposedly being burdened with so much expense and not given their due by a selfish, ignorant public, these companies still manage to build plush offices on some of the most expensive real estate on the planet and pay eight- or even nine-figure salaries to a raft of executive parasites.
When they start selling assets and cutting executive salaries, or better yet laying them off, then I’ll entertain the possibility that they need more revenue. Until then, fuck 'em.
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What “entitlement?”
I don’t expect anyone to start a web site or service or to give me or anyone else access to it at all, much less for free.
I’m just making the very narrow point that when a company chooses to do all of that, and manages to make enough money to build a plush corporate headquarters on some of the most expensive real estate on the planet and pay its executives millions or even tens or hundreds of millions of dollars, then starts crying about not making enough money, that’s self-evident bullshit.
If anybody’s acting"entitled" in that scenario, it’s the greedy corporate weasels who spend billions on their own privilege, then expect us to cover their asses when they come up short.