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True, but there's one very happy shareholder and that's enough. The rest of them are just holding the bag.
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That is news to me. This is pretty bleak for a normal person - it's profitable to take an established community, turn it into a propaganda echo chamber, scale down engineering until it kinda works and all that on a whims of a billionaire and it's even profitable.

I guess this is why we can't have nice things.

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