cygnus@lemmy.ca to SNOOcalypse - document, discuss, and promote the downfall of Reddit.English · 10 months ago
- cross-posted to:
- internet@lemmy.eco.br
Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.
The emergence of FLOSS micro-social media as an answer to Capitalist social media’s decline is wonderful to see, honestly. Makes me hopeful that leftist structures will continue to gain traction, even if it’s slow.