this post was submitted on 19 Oct 2023
2951 points (97.7% liked)
Memes
45746 readers
1563 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
they may have won this battle but the war is still ongoing. reddit is a public company, and it is a modern website, which means it is going to get shittier and shittier and it is never going to stop. i still go there for sports and news but anything of substance or merit i try to share here instead because fuck them. i think over time it'll hollow itself out even more.
I don't think they are public yet, the reason they pulled their little stunt in the first place is to prep for their IPO release. I think the general uproar probably set them back a while, but I'm sure the IPO is coming.
Oh after all this shit, did they still not do their IPO they were talking about forever? Jfc that place is a joke.
Not yet, don't think they were expecting the revolt they ended up with. Investors aren't going to be too excited to buy an IPO whose consumers are that upset when they try to monetize their platform.
I’m a bit surprised to hear that. I don’t visit there anymore and only get my Reddit news from the occasional Reddit bashing post here.
And from those posts, there are a lot of people saying the protests don’t do shit.
If they are still waiting on this IPO so many months later, then clearly they made a boo boo lol.
I wouldn't say that it worked, more that it did some damage. They are still going to go public, which means it's going to eventually be fully monetized. This just did some damage to their quarterly, which is still a win in my book.