BudgieMania@kbin.socialtoSNOOcalypse - document, discuss, and promote the downfall of Reddit.@lemmy.ml•In unsurprising news, Reddit prepares IPO
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10 months agoI think there are a lot of extreme measures that would theoretically increase its profitability that they have not yet taken, most of which I have to assume are in the cards in the foreseeable future.
Most of them are, of course, measures that would severely impact user experience in a very negative way, but it’s clear at this point that they are drunk on hubris and believe users will stay no matter what.
That’s true, I have to imagine a significant amount of the people driving the push for the IPO are only doing so to drive value up, cash out and vanish