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Re:Reddit experiments on users, forcing them to install app ... by sclarisse on Monday June 12, 2023 @08:29AM (#36292365)
The key point in that is that many IPO buyers are willing to believe in imaginary revenue that will never be extracted. Extracting revenue as a goal in and of itself uses a different playbook than IPOing.
Re:Reddit experiments on users, forcing them to install app ... by itronitron on Monday June 12, 2023 @09:00AM (#36292716)
Yeah, IPO (or VC) capital at this point is a Pavlov's dog trained to expect riches from every additional bit of private information in the data feed.