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.
Time to fire up the protests again and shut down major subreddits again.
I give it 2 months before they axe or further cripple old.reddit prior to IPO, should give Lemmy another wave of new users.
Oh, not a good time to do that. I wonder if something forced their hand to do an IPO during an economic downturn.
Im sure content will just exponentially increase in quality once the only thing that is important is "stonks go up".
A certain Steve miller band song comes to mind.
Hope Spez eats shit lol
I think this is a great time for remaining Reddit users to do a 3 month Reddit detox.
Oh man. This is gonna be fun. I already got all the stuff I need off the site. I can't wait.
Puts on that IPO.
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