Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.
Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.
Let the enshittification
begincontinue. Now that stockholders will be expecting increasing profits, I don’t see how Reddit can remain free to use.I feel like Greedy Pigboy and Reddit Inc. as a whole deserve to be punished, for all that “my precious data! No, it is not the users’, IT IS MINE! MY PRECIOUS!” fiasco. Enshittification will happen either way.
Exactly. Reddit has been building this huge knowledge base for well over a decade. Built by the users themselves. He knows what he’s got.
I think I’ll go ahead and log back in and delete all my old posts and comments. Fuck him.
I deleted all my comments barring one which was a reply to Spez himself calling him a spineless coward after lying about the Apollo dev.
I editted all my comments, replacing whatever the text was for a message telling that greedy little pigboy to go fuck himself, and to train his AI on that. Every single one that I could find, because Reddit history sucks as much as its search.
I did that back when the API thing was happening.
I did it
People did that, and they restored the posts…
All other social media platforms are free.
It is just there will be difference between users and customers (those who pays money to promote something or get data on users). And users are not customers.