this post was submitted on 11 Mar 2024
369 points (95.1% liked)

Technology

59674 readers
4997 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
369
Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)
submitted 8 months ago by [email protected] to c/technology
153 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[โ€“] designated_fridge 6 points 8 months ago (1 children)

I've never seen the view of an IPO so heavily affected by bias. Superusers hate Reddit but so what - what matters is whether soccer moms are scrolling and being shown ads. No one cares that the most costly users are unsatisfied. You and me both are nothing to investors.

Is there some objective analysis of this IPO? All I'm seeing is "I'm a superuser who spent a lot of time on Reddit in 2007 and it was far superior back then. The stock will tank."

[โ€“] [email protected] 1 points 8 months ago

Yeah, reddit is astroturfed to hell and back. unless its something programming, the idiots on reddit are usually wrong.