The title is a bit sensationalist. Looks like two CEOs of smaller tech companies talked about this casually on a podcast, while the title implies a _much_ larger number of people.
It’s typical Vice Media and many other news sites whose revenues are dependent on drawing page views.
Take a very minor issue and amplify it loudly to make it seem much bigger than it is…draw in page views and make money.
I loathe this type of click-baiting…but on the bright side, the media companies that specialize in this stuff (Vice Media, BuzzFeed, et al) are often failing ones looking to salvage what’s left of their existence.
For example, Vice is drowning in debt to the tune of $1.1 billion[1]and is finding it impossible to sell for a price that’ll leave anything on the table for equity investors.
They tried the SPAC scam route [2] but I guess that didn’t work out for them.
boeingUH60|3 years ago
Take a very minor issue and amplify it loudly to make it seem much bigger than it is…draw in page views and make money.
I loathe this type of click-baiting…but on the bright side, the media companies that specialize in this stuff (Vice Media, BuzzFeed, et al) are often failing ones looking to salvage what’s left of their existence.
For example, Vice is drowning in debt to the tune of $1.1 billion[1]and is finding it impossible to sell for a price that’ll leave anything on the table for equity investors.
They tried the SPAC scam route [2] but I guess that didn’t work out for them.
1 - https://www.theinformation.com/articles/vice-media-makes-cos...
2 - https://www.yahoo.com/entertainment/vice-media-raises-85-mil...
killingtime74|3 years ago