this post was submitted on 30 Jun 2023
514 points (99.0% liked)
Memes
45309 readers
2038 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The beautiful thing is their valuation probably also went down
3rd party (so unreliable) numbers suggest they lost around 6% user engagement. I woukd guess that serving adds to all the people that switched from 3rd party to official apps probably made up for it in the short term.
they'll be lucky yo sell before their IPO.