this post was submitted on 23 Feb 2024
968 points (97.4% liked)

Technology

59358 readers
6724 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
968
Remember when Spez said it was "It's time we grow up and behave like an adult company"? Apparently, that means paying himself $193 million and single-handedly tanking Reddit's profitability right b... (www.npr.org)
submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world
123 comments fedilink hide all child comments
 

Remember when Spez said it was "It's time we grow up and behave like an adult company"? Apparently, that means paying himself $193 million and single-handedly tanking Reddit's profitability right b...::undefined

you are viewing a single comment's thread
view the rest of the comments
[โ€“] danielbln@lemmy.world 6 points 8 months ago* (last edited 8 months ago) (1 children)

Are you asking why stock of a single company is different from "stock" of the richest country and only superpower on earth?

Also, money is liquid, can be spent immediately. Stock is not liquid, it has to be traded, vested, etc. and given enough stock will tank yje value if too much of it is liquified at once.

[โ€“] maynarkh@feddit.nl 6 points 8 months ago

Yeah, they don't sell it or trade it usually, they use it as collateral for loans in cash.