IPO = Initial Public Offering, where shareholders offer to sell their shares to the public, shifting a company from a “private company” (it belongs to me, you, and that guy) to a “public company” (it belongs to anyone who pays enough for the shares).

The userbase has been always touchy when it comes to IPO, and rightfully so; they know that the new owners will only care about squeezing the platform dry. As such, I predict a new flood of Redditfugees to Lemmy and Kbin.

  • @LemmyIsFantastic
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    01 year ago

    Have you seen how much bot content is here? Glass houses and all.

    • LvxferreOPM
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      101 year ago

      Three key differences: bot content here is marked, avoiding it is as easy as checking a box in your profile, and Lemmy not being sold.

        • LvxferreOPM
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          1 year ago

          Don’t get me wrong, I do not think that bot content should be the rule here. I think that it’s useful in a few situations, but the main content should be organically created by chimps with funky hair patterns.

          What I’m saying here is that Lemmy is using bot content in a saner way than Reddit does, specially given the context.