News for hackers. Stuff that matters.
Re:Reddit Protests Escalate as Rebel Mods Are Kicked Out by brucethemoose2 on Saturday July 22, 2023 @01:52PM (#36828201)
> What is the end game for Reddit here?

IPO or sell.

That is it. The bag the buyer(s) are left holding is not their problem.

What really boggles my mind is that the market would buy a burning building like this. Maybe there is some more money to squeeze out, but surely not enough to recover the alleged valuation.

Re:Reddit Protests Escalate as Rebel Mods Are Kicked Out by klyrs on Saturday July 22, 2023 @03:20PM (#36828963)
I've been shipping Musk and reddit... mostly imagining the havoc if reddit goes IPO and Musk can manipulate r/wallstreetbets