this post was submitted on 20 Mar 2024
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Reddit power users balk at chance to participate in IPO as Wall Street debut nears (www.cnbc.com)
submitted 7 months ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] anarchyrabbit@lemmy.world 8 points 7 months ago

Rather take your money to the casino kids. I think the reddit IPO will crash and burn. Not only because spez is a total fucking tool destroying the platform. But the reddit model will be tough to be a booming profitable business. All they really have is add revenue and users will start seeing through the smoke and mirrors no matter how hard they try to disguise them as normal posts. We have already seen this type of manoeuvre is not easy with Twitter.