What's next: Reddit is likely to go public next week.

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[–] 25 points 2 years ago (2 children)

Plus even if you just look at it as a tool, it does turn a profit, via being a tool. That's why a business gets a few, despite them originally costing them money. There's expected value in the hammer. It exists, physically, and it has turned a profit plenty before.

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  • [–] 2 points 2 years ago (1 child)

    My intention is that the value of the thing is what it can be used for. Its a tool that can be used to spread propaganda, and control the narrative. For the owner it’s a means to an end. Guess i should have clarified.

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  • [–] 2 points 2 years ago* (last edited 2 years ago)

    That works for privately owned companies-- the current example is Twitter, which is useful for pushing propaganda.

    It doesn't work for publicly owned companies, because public investors are only interested in profitting

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