this post was submitted on 30 Jun 2023
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Fidelity deepens valuation cut for Reddit and Discord (techcrunch.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] spaceribs 0 points 1 year ago* (last edited 1 year ago)

Now just imagine for a moment, the same company in the late 2000s taking a completely different path. Imagine they offered the moderators to become worker-owners and Reddit became a cooperative rather than investor owned.

Imagine how much better the world would have been, and weep for the timeline capitalism just extracted from everyone.