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Reddit@lemmy.world · 8 months ago

Reddit faces new reality after cashing in on its IPO

arstechnica.com

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Reddit faces new reality after cashing in on its IPO

arstechnica.com

Blaze@discuss.tchncs.de to

Reddit@lemmy.world · 8 months ago

cross-posted to:
[email protected]

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

cross-posted from: https://lemmy.zip/post/12276054

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

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Hypx@fedia.io
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8 months ago
Reddit has never been a business capable of generating significant profit. It only exists because it was less monetized than the alternatives. By abandoning this philosophy, Reddit is guaranteed to be the next Digg.

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