You learn a lot about how people behave online on Reddit, honestly | Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
“If Elon takes over Twitter, he is in for a world of pain,” writes Yishan Wong, the former CEO of Reddit. “He has no idea.”
Wong goes on to suggest a version of Matt Levine’s Elon Markets Hypothesis. According to Wong, Musk doesn’t “understand what has happened to internet culture since 2004. Or as I call it, just culture.” Wong’s specific example was Bitcoin — Musk’s public interest in cryptocurrency is relatively recent — but it’s also true that at least one hedge fund made a bunch of money by noticing Musk was interested in GameStop and immediately selling.
What’s very funny is that Wong reveals Silicon Valley’s real bias, which is toward coding fun stuff. (This…
