Nineteen years since its founding, the social media site is finally going public.
You thought it was going downhill before, but now that it will need to answer to money men, who want profits at all costs, it’s going to be sterilized eventually, piracy and porn are on borrowed time in my opinion.
$193mm for the Spez, this world sucks sometimes. I wonder how long the current Reddit admins stick around once the IPO goes live, I wouldn’t be surprised if they cash out and run once their options go live.
I think we just found out why they needed to charge for the API all of the sudden.
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They paid Lemur Boy $200 million dollars? Talk about failing upward. With that kind of money, it’s no wonder he told Reddit users to fuck off. He’ll never have to worry about criticism, or anything, ever.