this post was submitted on 04 Feb 2024
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[–] [email protected] 2 points 9 months ago (2 children)

When is it? Feels like I've been hearing about reddit IPO for 3 years now.

[–] [email protected] 5 points 9 months ago

I'm almost starting to wonder if that's the plan. Just keep saying "IPO IPO IPO" to get funding from over-eager VCs who want a piece of the IPO before it becomes widely available.

But then you just never IPO. Keep making minor to moderate mistakes along the way so you can be all "weeeeell we would have IPO'd but insert thing here so we want to wait another 6 months to let it die down". Repeat until you're ready to quit, then actually IPO and ride the initial IPO high all the way down via golden parachute.

[–] [email protected] 2 points 9 months ago (1 children)
[–] [email protected] 4 points 9 months ago (1 children)

Then watch as the porn purge begins. Then the site will slowly die.

[–] [email protected] 3 points 9 months ago* (last edited 9 months ago)

That's what I'm predicting, too; past IPO the site will become a shadow of its former self. It won't be just porn being banned, but also:

  • subreddits will be seized by the trademark owners, creating a chilling effect
  • content policy will be completely revamped. No more "we're trying to protect you lol" façade, it'll be right into "we don't care about users or trash like this, we care about brands"
  • DMCA will be enforced on an "it's a user so it's assumed to be guilty unless it can prove the contrary".
  • r/assholedesign and r/hailcorporate will get banned
  • they'll revamp the ad spaces to give you a harder time blocking them
  • old.reddit? "I dun unrurrstand, y u live in the past? we remove it lol"

I just wish that this all happened before the IPO. Sadly, it won't.