So reddit has their IPO, cnbc duly enlisted to help, spez got paid off to wreck things (cheaply), then it gets shorted to kill it... - eviltoast

I’m seeing an obvious and expensive endgame here, including trying to sell reddit baggage to its users without giving them power.

There’s /superstonk, the killed /ppshow crowd went back to /bbby, there’s /teddy, Dr T is now on /householdinvestors…how many know about this place as an alternative and can it stay up if they show up?

  • VolunTerry@monero.townEnglish
    3·
    9 months ago

    Chalk reddit up to another centralized platform that once showed sparks of promise and now is just another fully coopted and controlled cesspit.

    I personally don’t plan to go near the IPO as a profit play in either direction, and wouldn’t invest capital in the business itself on principle alone. But to each their own.

    I hope more continue to move to decentralized alternatives.