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.
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.