Long ago I posted on Reddit that publicly traded companies are the plague for our society as they are pushing to the eternal growth at the expense of their users.

I do agree that privately held companies are also looking for profit but the difference is that they are not subject to the immense pressure to exponentially grow.

And now the Reddit IPO comes to prove just that. I am fairly confident that if not for this IPO Reddit wouldn’t try so hard to push those changes and would still thrive.

But at the end of the day, I am happy that it helped me to discover Lemmy and this debacle is why I am here and not there.