Will Reddit ever cave in? : reddit

this post was submitted on 11 Jun 2023

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submitted 2 years ago* (last edited 2 years ago) by TheTrueCryptid@lemm.ee to c/reddit@lemmy.ml

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Exactly as the title says, do you guys think Reddit will buckle and at least be more reasonable or maybe even reverse their current decisions?

Edit: if not lemmy to the moon 🚀

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[–] Davidvanb@lemmy.ml 34 points 2 years ago (1 children)

No. They are trying to finalize an IPO. No amount of anything is going to stop them from this cash grab.

[–] linearchaos@lemmy.world 2 points 2 years ago

The IPO will catch on fire, burn up and fall over into the swamp. The last thing you need in the 11th hour of an IPO is bad press and protests.

The move overall smacks of desperation. The investors aren't blind. Spez is openly calling out that they're not profitable, on the eve of the IPO.

Honestly, all things considered in his rock solid stance I'm expecting more of a fire sale.