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Reddit seeks to launch IPO in March (www.reuters.com)
submitted 2 years ago by to c/technology@lemmy.world
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[–] 35 points 2 years ago (1 child)

Keeps doing things no user/customer asked for

I'm pretty sure the advertisers - their real customers - asked them to show more ads.

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  • [–] 33 points 2 years ago (2 children)

    Huffman is ostensibly following Elon Musk's lead, and last I checked, Musk had pretty effectively chased away a massive amount of what one might call "rational" advertisers. Reddit is absolutely following a similar path, and soon enough there will be advertisers who no longer want to be associated with a toxic brand.

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  • [–] 14 points 2 years ago

    spez doesn't care. He's realized that, despite his best befuddled efforts, reddit is failing and that no one else will hire him for a cushy CEO job. He wants to take his bag and leave while the getting is still (relatively) good.

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