Money and rules around said money. Reddit might not be profitable but it’s still a business. They have a team of people who’s job is to make sure the business continues. Spez can do a lot of stuff but he’d have a rebellion if he tried to press the off button. And he’d have a lot of debts.
Money is a trivial obstacle to overcome for many people. There’s nothing stopping Elon from deleting every tweet, for example, because Twitter is no longer public and it is genuinely his property.
He can’t do a lot of stuff though. You’re giving him too much credit to know how to do stuff. he’s a ceo which is just a puppet for the investors. A job that is only to appear as if he’s looking after finances for investors placed at the head of the business. That’s his only job. He doesn’t have to worry about how to actually make the money. He’s never ‘earned’ a red cent in that he knows how labor works. He just has to say things that sound like he knows how to make money. He’s the middle-est of managers. He’s the most replaceable human on earth. A snail could replace him and no one would feel the difference in the day to day workings.
Money and rules around said money. Reddit might not be profitable but it’s still a business. They have a team of people who’s job is to make sure the business continues. Spez can do a lot of stuff but he’d have a rebellion if he tried to press the off button. And he’d have a lot of debts.
“Lehman Brothers might not be profitable but it’s still a business”
Also, search LLC.
Money is a trivial obstacle to overcome for many people. There’s nothing stopping Elon from deleting every tweet, for example, because Twitter is no longer public and it is genuinely his property.
He can’t do a lot of stuff though. You’re giving him too much credit to know how to do stuff. he’s a ceo which is just a puppet for the investors. A job that is only to appear as if he’s looking after finances for investors placed at the head of the business. That’s his only job. He doesn’t have to worry about how to actually make the money. He’s never ‘earned’ a red cent in that he knows how labor works. He just has to say things that sound like he knows how to make money. He’s the middle-est of managers. He’s the most replaceable human on earth. A snail could replace him and no one would feel the difference in the day to day workings.