this post was submitted on 10 Jun 2023
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When i read that i was honestly astonished how they expected anyone to invest in reddit at all
Exactly! I’m not a rich investor person, but nobody with a brain would invest in a company bleeding money, and that was such a terrible move to admit. If their PR isn’t a half-working AI after firing all those people, they should’ve been horrified between that and the Christian Selig/Apollo comments.
You also can’t count on Reddit becoming a meme stock, especially with absolutely zero regard for the users who make these meme stocks happen.