754
Wise one
(lemmy.world)
POST @joyoftech@mastodon.world
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Jul 2023
754 points (98.3% liked)
Memes
45656 readers
944 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
You have to do the bad things slowly, over time, so people forget each one before the next happens. Twitter and Reddit decided they could make everything worse all at once.
That's due to VC money drying up because of the US Federal Reserve raising interest rates. Operating at a loss is no longer profitable, especially in the short term.