Breakingviews - Reddit’s golden geese foul up its IPO plans
www.reuters.com
Thousands of moderators overseeing the site’s subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature, columnist Anita Ramaswamy writes.

Thousands of moderators overseeing the site’s subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature, columnist Anita Ramaswamy writes.

  • 2muchcaffeine4u@lemmy.fmhy.ml
    16·
    1 year ago

    I mean some people are complaining about the price. But I don’t care about the price necessarily, as I’m not “protesting”. I’m simply tired of participating in the shittification of social media sites while they seek to monetize us. So them charging anything, or attempting to be profitable, is inherently the turnoff for me, because there is an inevitable path that a for-profit social media website takes.