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[–] 24 points 2 years ago* (last edited 2 years ago) (2 children)

They are about 2 years too late.

The rise in interest rates and the end of easy VC money has swung the dial back to: Companies actually need to generate profit and not just show user growth to be attractive to investors.

The IPO will not go as spez dreamed for so long.

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  • [–] 4 points 2 years ago

    I agree. The economy is shit right now and I would be amazed that anyone in their right mind would invest in a company whose already lost half their value in just a few years (at least, that's what I've heard. They supposedly went from 10B to 5.5B or something like that). And like you said, interest rates are a factor as well.

    The mods are jumping ship or just straight up abandoning the site, and the slew of NSFW content, real or not, is damaging its advertisement potential. It's a lemon.

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