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Reddit: Return Of The Junk Stock IPO
(www.forbes.com)
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this post was submitted on 12 Mar 2024
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They are in tension with the more pressing goal of extracting revenue. But how do you extract revenue from a site that's mostly just "user content" + "ads" in an era when ad revenue is plummeting?
Maybe if they increase the prices on Reddit Gold?
They got rid of Reddit Gold and other awards. It's now "super upvotes" or something to that effect.