- cross-posted to:
- technology@lemmy.zip
- cross-posted to:
- technology@lemmy.zip
The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Gee, that’s too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.
Sadly I’m sure he already has a golden parachute prepared.
They all cashed out after the IPO. They’re probably laughing at the bag holders right now.
There may still be lawsuits, however. There are still many ways that he could lose a lot of what he gained.
🤞
I think you mean presidential pardons
i remember spez and his c-suites dumped the stock a while ago.
He’ll cry his way to a trophy home and yacht
I can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.
Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That’s 11 years more than most other rich scumbags get.
And that just goes to show:
The only time rich people are held accountable in the US, is when they fuck with other rich people’s money.
The most bizarre part of the Theranos scandal is that any medical lab tech/scientist could have told you, right from the initial pitch, the entire thing was a massive scam. There was literally no reason to ever think this technology was feasible and a mountain of reasons it wasn’t.
Elizabeth Holmes only got in trouble for lying to people who should’ve done their “due diligence”
The patients / families of the patients that Theranos lied to and mislead never got justice.
i read an article when the theranos sht has been going down, around 2016, look how long it took to charge her. a patient hormone level was higher than normal indicating some form of malignancy, she took chemo only to find out she dint have any. and another indicating her bizarre behaviours too.
Tech execs have absolutely massive egos.
her pitch was single droplet of blood to diagnosis diseases.
I’m aware. I’m also a medical lab scientist and the entire thing screamed bullshit from the start, not necessarily due to the feasibility of testing on small volumes, but things like calibration and quality control.
The worst of all this is that from the top of our heads we came up with a woman and three black dudes. Other than Madoff I don’t remember any white dude getting any deserved retribution other than the recent United Healthcare CEO.
But after that 11 years didn’t she come out of prison still rich?
She went into prison in 2023 so she will be there for a while yet.
I don’t think her wealth is known exactly but she and her company lost billions during the scandal.
She married a hotel heir, she’s still doing fine.
She was also just on the cover of People or some other such supermarket cash register rag.
I mean she stole from rich people so I hope she’s doing good
and not the patients live she ruined, even caused harm to, in one article a patients certain hormones was extremely high , indicative of type of reproductive cancer.
Madoff died in a jail cell, that’s gotta count for something.
Yeah that’s cool and good. Same with Epstein.
Except he didn’t live long enough to rat anyone out. That’s the only downside to that story.
He was 100000% assassinated
ghislaine is still alive, she isnt talking though.
I shit, I didn’t know Madoff died
There is also something about those 3 people I can’t put my finger on….
lol that was my immediate thought too. But I didn’t want to bring it up because even with the racist implications those guys all definitely suck and should be in prison.
I don’t know if Sam Bankman-Fried is a huge piece of shit. He’s definitely a liar and a scammer though. But he was like rich as anything and then lost it all. Now he’s trying to curry favour with Trump to get out of jail.
If anyone is trying to gain favor from trump that’s enough to tell me about their character.
Also, yes sbf is a huge piece of shit.
Ewww
Lets keep this about Rampart.
Heve Stuffman
Greedy pigboy flew too close to the sun.
I too want to board the schadenfreude train. Choo choo. Fuck u/spez
He will exit filthy rich way before that. That’s the point.
Would he not have already sold most when they went public?