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[-] friend_of_satan@lemmy.world 683 points 1 year ago

Who cares. Reddit is dead to me, and spez murdered it.

Reddit was amazing. I will always enjoy and fondly remember what it was like before Spez fucked up one of the most reputable cultures and brands in internet history. Fuck that guy... just... what a fucking shithead to destroy something so wonderful.

[-] Kyle_The_G@lemmy.world 137 points 1 year ago

I just wanna look at memes, cats, and news and hang out in the comment section without being exposed to ads, is that too much to ask?I hope their IPO sucks and they get shorted i to oblivion while they bleed off users month over month, because thats whats going to happen if they keep pulling this sort of stuff.

[-] _number8_@lemmy.world 25 points 1 year ago

when is the IPO (what is an ipo) happening? i want to see their stock graph fall and jerk off to it

[-] Kyle_The_G@lemmy.world 37 points 1 year ago

I dunno there have been rumours that their IPO is just around the corner for years now, idk how they justify it reddit just isn't set up for that sort of growth model. Its users (at least before all the nonsense) I'd say are on average more likely to use 3rd party apps, ad blockers and not engage with the kind of activity that normally creates revinue (thats frankly why I'm here I'm a reddit refugee from appolo). My guess is all this activity is prep for going public but I just can't see it going well.

[-] postmateDumbass@lemmy.world 9 points 1 year ago

Reddit was a nice upgrade to usenet newsgroups

[-] bobs_monkey@lemm.ee 16 points 1 year ago

IPO = Initial Public Offering

It's basically when a private corporation goes public and offers shares of their company to the public for the first time, as well as listing on a major stock exchange. It's worth noting that private corporations can issue stock to individual shareholders, those shares just aren't traded on the open market.

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this post was submitted on 09 Dec 2023
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