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.

  • Cyborganism@lemmy.ca
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    11 months ago

    Let the enshittification begin continue. Now that stockholders will be expecting increasing profits, I don’t see how Reddit can remain free to use.

    • Lvxferre@lemmy.mlM
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      11 months ago

      I feel like Greedy Pigboy and Reddit Inc. as a whole deserve to be punished, for all that “my precious data! No, it is not the users’, IT IS MINE! MY PRECIOUS!” fiasco. Enshittification will happen either way.