this post was submitted on 07 Jan 2024
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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
174 comments fedilink hide all child comments
 

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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[โ€“] lvxferre@lemmy.ml 74 points 10 months ago* (last edited 10 months ago) (2 children)

I feel like Greedy Pigboy and Reddit Inc. as a whole deserve to be punished, for all that "my precious data! No, it is not the users', IT IS MINE! MY PRECIOUS!" fiasco. Enshittification will happen either way.

[โ€“] cyborganism@lemmy.ca 40 points 10 months ago (4 children)

Exactly. Reddit has been building this huge knowledge base for well over a decade. Built by the users themselves. He knows what he's got.

I think I'll go ahead and log back in and delete all my old posts and comments. Fuck him.

[โ€“] Nythos@sh.itjust.works 19 points 10 months ago* (last edited 10 months ago) (1 children)

I deleted all my comments barring one which was a reply to Spez himself calling him a spineless coward after lying about the Apollo dev.

[โ€“] leftzero@lemmy.world 4 points 10 months ago (1 children)

I editted all my comments, replacing whatever the text was for a message telling that greedy little pigboy to go fuck himself, and to train his AI on that. Every single one that I could find, because Reddit history sucks as much as its search.

[โ€“] Anticorp@lemmy.world 5 points 10 months ago

I did that back when the API thing was happening.

[โ€“] ademir@lemmy.eco.br 3 points 10 months ago

I did it

[โ€“] nukul4r@feddit.de 1 points 10 months ago

People did that, and they restored the posts...