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Read all about it at the above link. There’s way too much to process here. This is going to be wild.
Problem they’re trying to solve is their investors are demanding that they IPO.
You’re trying to add revenue incomes and alphabet soup to increase their stock price.
I wonder who the hell would even invest in reddit at this point, it’s a mess.
I’m right there with you.
If someone asked me to give them cash, I’d look at reviews, find the spez ama and tell them to f off.
But maybe the still convince people that they have millions of active users and those eyes are worth the cash.
They probably plan to say crypto was their goal, the API lockdown was to stop bots from farming coins and people just took it all wrong.
They spin it like a massive success, but the books won’t lie. All the content goes to the bots. Digg 2.0 on its way.