SNOOcalypse - document, discuss, and promote the downfall of Reddit.

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

submitted 10 months ago by cygnus@lemmy.ca to c/snoocalypse@lemmy.ml

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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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[–] Anticorp@lemmy.world 3 points 10 months ago

It's mind boggling to me that Gen Z doesn't know anything about computers or the Internet, despite growing up using both their entire lives. All they know how to do is use simplified apps to browse social media, send text messages, and take pictures. Apparently Gen X is the only generation that had a large portion of the generation that understands the inter-workings of the internet and computers. We've had to constantly help both our parents and our kids with computer problems.