Mordiken
@Mordiken@lemmy.world
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- Comment on Reddit power users balk at chance to participate in IPO as Wall Street debut nears 10 months ago:
Yeah I don’t think mods and “power users” that stayed after last year are necessarily against reddit succeeding, just not willing to buy in at a 6.5bil valuation for a company that can’t turn a profit and lost 90+ mil last year and 700+ cumulative.
I got the invite but didn’t do anything about it because:
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I assumed the invite had been sent to just about everyone;
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I like going there, but not enough to give them money… Or disable my adblock… Or switch to the accursed “modern layout”…
Come to think of it, I don’t like reddit at all, Just the communities that exist there.
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