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Why buy it? The CEO has publicly stated they don’t make money while killing two major revenue streams.
They are about 2 years too late.
The rise in interest rates and the end of easy VC money has swung the dial back to: Companies actually need to generate profit and not just show user growth to be attractive to investors.
The IPO will not go as spez dreamed for so long.
It’s happening
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Now it’s just a question of whether old.reddit will be killed off before the IPO or shortly afterwards. Either way, I doubt it makes it to the summer.
I hope you’re right.
I hope it doesn’t ruin what we have here
It won’t
I welcome the Reddit refugees as a former Reddit user
