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Federate. Anonymize. Consensus based moderation. Without that we succumb to tyranny.
this post was submitted on 28 Mar 2025
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I didn't even know they did their IPO yet - I knew they were planning it for years though.
IPO = enshittification guaranteed
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Are those the reasons for the drop though? I've been completely oblivious to this.
That's because we give absolutely, and that's verified, zero fucks about *eddit and his piece of shit, pretending to be a human being, of a ceo
Amazing - it's almost like people here DGAF about reddit or what happens to it.
♥️✨
Couldn't have happened to a nicer company. Cheers.
I would need to verify the timelines but I am pretty sure this has jack all to do with Luigi Mangione
And... maybe look at the stock market as a whole. Again, grain of salt without a proper analysis, but this doesn't look much different than the entire stock market that is constantly fluctuating as we wonder what industries will get hit the hardest by the hourly tariffs and which are going to get exemptions and so forth.
I think it's plausible to have uncertainty as an investor given Musk pressured Huffman into censoring criticism against him. To me, seems like he has some pictures of Huffman that would make his jailbait moderating days look tame.
You VASTLY overestimate how much anyone cares.
The president is a rapist with multiple high profile affairs and strong ties to epstein's pedophile island. It took the better part of four years for people to decide that spending time on a twitter that was increasingly just pro-nazi rhetoric, snuff, and porn was a bad idea... and they only did that because a different corporate owned social media site finally switched to open registration.
It doesn't matter what reddit leadership does or might have done. People will use the site until the Influencers switch to a different one. Simple as that.
I do think most attempts to explain stock prices is pointless. And it's just back where it was a year ago.
But if we're going to explain any narrative I think this one makes the most sense. I could also try to guess where the price will be in 5 years, which is also impossible. Why not guess 0? If we're having fun I might as well be optimistic.
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Correlation doesn't imply causation
Very true in all things
What a damn minute...