this post was submitted on 16 Jun 2023
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Crack theory: kn0thing knew about it (lemmy.ml)
submitted 1 year ago by [email protected] to c/[email protected]
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Let's backtrack to 2020. Back then there was some protest in USA about cop violence and racism, it had repercussions in Reddit (with a bunch of subs closing down in protest, as usual). kn0thing used this opportunity to resign from the board of directors of Reddit, claiming that he wanted to be replaced with a black candidate.

Perhaps kn0thing knew what would happen? Not the exact events, mind you; but he knew Reddit Inc. and spez well enough to know that they'd eventually fuck it up, lose a lot of money, and lose face. So he jumped off ship earlier, pockets and reputation unharmed.

What do you think about this?

(u/kn0thing, RL name Alexis Ohanian, is the co-founder of Reddit, alongside Steve "piece of shit" Huffman and Aaron Swartz.)

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[โ€“] [email protected] 4 points 1 year ago (3 children)

There's no way he could have known. Plus whatever the endgame, spez won't "lose" money.

The impending IPO will at worst make him a little bit less rich than predicted

[โ€“] [email protected] 1 points 1 year ago

I may be wrong but I think that he knows well enough how spez and the company behave, to somehow think "those guys will screw it up". And he doesn't look like the type of person who's socially motivated enough to give up his position for the reason that he claimed.

The impending IPO will at worst make him a little bit less rich than predicted

Perhaps way less rich. I think that he predicted two days of protest and not much else, but things clearly blew out of proportion. In this sense, he'd be losing money in comparison with what he wanted.

[โ€“] [email protected] 1 points 1 year ago

It's possible he knew the company would have to change drastically to IPO. There is no way they were not talking about IPO'ing for years before officially announcing it.

[โ€“] [email protected] 1 points 1 year ago

I just hope he gets to meet som of the reddit folks in person some day...