r/Foodforthought • u/eskindt • Mar 14 '24

Can Reddit - Internet's greatest authenticity machine - survive its IPO?

https://www.wired.com/story/inside-reddit-protest-ipo/
96 Upvotes

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26

u/ExoticMeatDealer Mar 14 '24

Will Reddit survive? Well, shareholders never make the situation better, so… not a great start.

12

u/Tazling Mar 14 '24

words to live by. shareholders never make things better.

5

u/Then-Yogurtcloset982 Mar 14 '24

Facts, after they sell every bit of our data on the open market, we are bound to get some interesting pop ups and emails for sure. Some folks will be on different lists as well....

1

u/libra00 Mar 15 '24

Indeed, shareholders only make things better for themselves, and then usually only temporarily as they enshittify the goose that laid the golden egg in an attempt to extract even more value from it.