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In unsurprising news, Reddit prepares IPO (www.businessinsider.com)

submitted 11 months ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 33 points 11 months ago (1 children)

Well, I guess we may get a surge of anticapitalist users soon.

[–] [email protected] 14 points 10 months ago (1 children)

I mean, they'd be coming to the right place.

[–] [email protected] -5 points 10 months ago* (last edited 10 months ago) (4 children)

I'd say so to some extent, but some users are so anti-capitalist it's actually a problem

[–] [email protected] 6 points 10 months ago

This is literally the anti-Capitalist reddit. It was made precisely to answer Reddit with better, decentralized structure so as to avoid the problems Reddit has.

Is being radical itself bad? If the only solution for a given problem is drastic, immediate change, such as Climate Change requiring a major Overhaul of infrastructure, agriculture, and consumption as quickly as physically possible, is this solution bad simply because it's radical?

Personally, I think worker ownership is a necessary solution to the constant deterioration of Capitalism. I am, therefore, a radical. I don't believe Capitalism can be salvaged, only band-aids applied as temporary measures. What's wrong with this POV?

[–] [email protected] 3 points 10 months ago

That's just like, your opinion, man.

[–] [email protected] 2 points 10 months ago

If you mean hexbears, they're edgy teenagers

[–] [email protected] 1 points 10 months ago

To be fair, those users were here first, we're the invaders