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voidsrus t1_j16hj9i wrote

>Reddit has been predicting Twitter implosion for months now.

laying off most of your institutional knowledge does not present short-term problems, it presents long-term problems. it's been less than 2 months.

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>Turns out Reddit's emotional impulses aren't a good barometer on the health of a business.

taking on $1 billion a year in interest payments you can't afford and making most of your revenue stream run for the hills is something not only a reddit user can figure out is going to cause problems for a business. that's why the stock the deal was financed with is cratering.

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