▲ 1987 ▼ Reddit's API protest just got even more NSFW (mashable.com) submitted 3 years ago by L4s@lemmy.world [M, B] to c/technology@lemmy.world 404 comments fedilink hide all child comments
[–] chackl@lemmy.world 106 points 3 years ago (2 children) Can’t wait for the Reddit IPO to fail permalink fedilink source hideshow 4 child comments replies: [–] NaibofTabr@infosec.pub 64 points 3 years ago (2 children) Fidelity has been dropping the valuation of its stake in reddit, and that's only as of May 31st. We don't know yet how the value will respond to all this drama, but I suspect it will go down more. The IPO might not fail, but they probably won't get what they wanted out of it. Unfortunately this probably means that the platform will sell to people who expect to get use out of it for direct public influence of some kind (marketing/politics). permalink fedilink source parent hideshow 4 child comments replies: [–] fuklu@lemmy.fmhy.ml 17 points 3 years ago Sadly they’ll still get rich as shit if valuation drops a lot so there isn’t much incentive to treat the community better. permalink fedilink source parent [–] beibiddybibo@lemmy.world 11 points 3 years ago I invest in quite a few tech companies and I was considering investing in Reddit, but there's no way in hell I would now. I can't be the only potential investor they have alienated. permalink fedilink source parent [–] Speculater@lemmy.world 1 point 3 years ago Just don't short it day one, it'll pump and dump. Wait for it to 3x, then short it. permalink fedilink source parent
[–] NaibofTabr@infosec.pub 64 points 3 years ago (2 children) Fidelity has been dropping the valuation of its stake in reddit, and that's only as of May 31st. We don't know yet how the value will respond to all this drama, but I suspect it will go down more. The IPO might not fail, but they probably won't get what they wanted out of it. Unfortunately this probably means that the platform will sell to people who expect to get use out of it for direct public influence of some kind (marketing/politics). permalink fedilink source parent hideshow 4 child comments replies: [–] fuklu@lemmy.fmhy.ml 17 points 3 years ago Sadly they’ll still get rich as shit if valuation drops a lot so there isn’t much incentive to treat the community better. permalink fedilink source parent [–] beibiddybibo@lemmy.world 11 points 3 years ago I invest in quite a few tech companies and I was considering investing in Reddit, but there's no way in hell I would now. I can't be the only potential investor they have alienated. permalink fedilink source parent
[–] fuklu@lemmy.fmhy.ml 17 points 3 years ago Sadly they’ll still get rich as shit if valuation drops a lot so there isn’t much incentive to treat the community better. permalink fedilink source parent
[–] beibiddybibo@lemmy.world 11 points 3 years ago I invest in quite a few tech companies and I was considering investing in Reddit, but there's no way in hell I would now. I can't be the only potential investor they have alienated. permalink fedilink source parent
[–] Speculater@lemmy.world 1 point 3 years ago Just don't short it day one, it'll pump and dump. Wait for it to 3x, then short it. permalink fedilink source parent