• GingaNinga@lemmy.world
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    11 months ago

    I just wanna look at memes, cats, and news and hang out in the comment section without being exposed to ads, is that too much to ask?I hope their IPO sucks and they get shorted i to oblivion while they bleed off users month over month, because thats whats going to happen if they keep pulling this sort of stuff.

    • _number8_@lemmy.world
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      11 months ago

      when is the IPO (what is an ipo) happening? i want to see their stock graph fall and jerk off to it

      • GingaNinga@lemmy.world
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        11 months ago

        I dunno there have been rumours that their IPO is just around the corner for years now, idk how they justify it reddit just isn’t set up for that sort of growth model. Its users (at least before all the nonsense) I’d say are on average more likely to use 3rd party apps, ad blockers and not engage with the kind of activity that normally creates revinue (thats frankly why I’m here I’m a reddit refugee from appolo). My guess is all this activity is prep for going public but I just can’t see it going well.

      • bobs_monkey@lemm.ee
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        11 months ago

        IPO = Initial Public Offering

        It’s basically when a private corporation goes public and offers shares of their company to the public for the first time, as well as listing on a major stock exchange. It’s worth noting that private corporations can issue stock to individual shareholders, those shares just aren’t traded on the open market.

    • athos77@kbin.social
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      11 months ago

      I’ve been hanging out in imgur, which is generally nice for memes and cats, and kbin for news. It’s been surprisingly effective.