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by mynameisvlad
1104 days ago
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Just because every single comment complaining (rightly) about Reddit’s current behavior does not include a comparison to Facebook does not mean it’s ignored. People can dislike two things at once, and it doesn’t need to necessarily be said. Three, even, if they’re feeling frisky. Unless there’s a post specifically about Reddit and Facebook, then you shouldn’t expect people to even bring up Facebook. It’s at best barely relevant. |
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The outrage from users that Reddit is trying to do what everyone in the tech industry does makes no sense
And furthermore, if they give up the IPO focus, let’s say they don’t do the obvious and sell to Meta
What do they do? Layoff 80% of employees? Cut down the servers? Obviously if they are going to screw over the investors, no one will give a penny to another funding round
If, theoretically, the investors really don’t have a majority of votes, like someone here mentioned, the 2021 funding round was the last one, Reddit just burns it’s cash until it shuts down