Reddit must now answer to its shareholders as well as its vocal users.

  • Optional@lemmy.world
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    3 months ago

    Hey member that time AOL bought Warner Brothers. And everybody was all “wow these internet companies are here to stay!”

    Lol

  • happybadger [he/him]@hexbear.net
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    3 months ago

    I finally offboarded r/modernart to lemmy.ml/c/modernism today in anticipation of the IPO launch. Already reddit heavily censors and recuperates anything radical. That’s only going to get much worse along with advertising and bots. I can’t see the website lasting in its current form and that’s already pathetic. Lemmy is poised to really take off as reddit ratfucks itself.

    • timicin
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      3 months ago

      i doubt it matters since huffman already got his money.

      i wonder if any moderators regret making him rich at the expense of their own time and effort; with nothing to show for it

    • ColeSloth@discuss.tchncs.de
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      3 months ago

      It was $34 I’m waiting for options to pop up so I can buy puts and make money on it dropping to $25 over the next 6 weeks.

      *I got my puts bought today when share price was $51. I went for four months out on expiration. Wish me luck! Or come back in July and offer condolences.