161
submitted 2 years ago by [email protected] to c/[email protected]

IPO = Initial Public Offering, where shareholders offer to sell their shares to the public, shifting a company from a "private company" (it belongs to me, you, and that guy) to a "public company" (it belongs to anyone who pays enough for the shares).

The userbase has been always touchy when it comes to IPO, and rightfully so; they know that the new owners will only care about squeezing the platform dry. As such, I predict a new flood of Redditfugees to Lemmy and Kbin.

you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 28 points 2 years ago

It's gotten really bad. Since the protests a lot of subs seem to be just gone and a lot of the old subs that are still there are mostly just bots reposting top posts, with a bunch of bots reposting top comments. Someone made a bot who tracks those repost bots and calls them out (which Reddit could do from within their backend automatically), and some submissions had like 60-70 percent removed bot comments. And of course all of them had a bunch of gullible idiots talking to them.

[-] [email protected] 4 points 2 years ago* (last edited 2 years ago)

Interesting, any link to that bot analysis?

[-] [email protected] 1 points 2 years ago

Same, really interested in that data

this post was submitted on 29 Nov 2023
161 points (96.5% liked)

SNOOcalypse - document, discuss, and promote the downfall of Reddit.

4736 readers
1 users here now

SNOOcalypse is closing down. If you wish to talk about Reddit, check out [email protected], [email protected] and [email protected].


This community welcomes anyone who wants to see Reddit gone. Nuke the Snoo!

When sharing links, please also share an archived version of the target of your link.

Rules:

  1. Follow lemmy.ml's global rules and code of conduct.
  2. Keep it on-topic.
  3. Don't promote illegal stuff here.
  4. Don't be stupid, noisy, obnoxious or obtuse (S.N.O.O.)
  5. Have fun, and enjoy the popcorn! 🍿

founded 2 years ago
MODERATORS