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ardi62@lemmy.wtf to Technology@lemmy.mlEnglish · 2 years ago

Reddit seeks to launch IPO in March

www.reuters.com

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Reddit seeks to launch IPO in March

www.reuters.com

ardi62@lemmy.wtf to Technology@lemmy.mlEnglish · 2 years ago
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  • Pons_Aelius@kbin.social
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    2 years ago

    They are about 2 years too late.

    The rise in interest rates and the end of easy VC money has swung the dial back to: Companies actually need to generate profit and not just show user growth to be attractive to investors.

    The IPO will not go as spez dreamed for so long.

    • lemmyvore@feddit.nl
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      2 years ago

      It would be such a pity if it turns out the protests caused him to miss the good window.

      • cosmic_slate@dmv.social
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        2 years ago

        deleted by creator

  • bdonvr@thelemmy.club
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    2 years ago

    I give it 2 months before they axe or further cripple old.reddit prior to IPO, should give Lemmy another wave of new users.

    • stallmer@sopuli.xyz
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      2 years ago

      If I were them I would definitely keep it up at least until the IPO so they can still count that traffic.

  • balancedchaos@lemmy.world
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    2 years ago

    Oh, not a good time to do that. I wonder if something forced their hand to do an IPO during an economic downturn.

    • BritishDuffer@lemmy.world
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      2 years ago

      Yeah, spez wants to get paid before the whole thing comes crashing down.

  • belated_frog_pants@beehaw.org
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    2 years ago

    Im sure content will just exponentially increase in quality once the only thing that is important is “stonks go up”.

  • Faceman🇦🇺@discuss.tchncs.de
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    2 years ago

    A certain Steve miller band song comes to mind.

    • Pons_Aelius@kbin.social
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      2 years ago

      Take The Money and Run?

      I was thinking more along the lines of: The Gambler

      You got to know when to hold 'em, know when to fold 'em

      Know when to walk away and know when to run

      Except they should have walked away about 4 years ago…when their chip stack was a much larger pile. Now they are trying to run with what they have left.

  • FartsWithAnAccent@lemmy.world
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    2 years ago

    Hope Spez eats shit lol

    • FartsWithAnAccent@kbin.social
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      2 years ago

      I agree with you, Lemmy World version of me.

      • FartsWithAnAccent@lemmy.world
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        2 years ago

        I see you, Kbin me.

      • FartsWithAnAccent@kbin.social
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        2 years ago

        Yeah you do buddy, yeah you do.

  • Truck_kun@beehaw.org
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    2 years ago

    I think this is a great time for remaining Reddit users to do a 3 month Reddit detox.

  • BarrierWithAshes@kbin.social
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    2 years ago

    Oh man. This is gonna be fun. I already got all the stuff I need off the site. I can’t wait.

  • Jo Miran@lemmy.ml
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    2 years ago

    Puts on that IPO.

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