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From @christianselig@mastodon.social on the #RedditBlackout:(media.kbin.social)

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tchambers@kbin.social
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LChitman@kbin.social
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Absolutely, I agree. Whether or not it is good or successful, I reckon the owners will consider Reddit more marketable to advertisers in a couple of months. The ‘milquetoasting’ of Reddit has been going on for a long old time now but I think they’re close to their endgame.

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nude@kbin.social
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Its pretty wild though that he claimed that reddit isnt profitable right now if they are indeed planning on an IPO in the near future.
I know the world has a short memory, but its a pretty bad claim for a CEO to make who wants to sell off the platform

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ivanafterall@kbin.social
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Especially as the platform is actively losing members. Even if you bank on maintaining a large enough number, you’ve admitted the company wasn’t profitable even before it’s challenges. What chance is there of profitability this late into the game, if that’s the case!?

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