their IPO has been in the shitter since they first were talking about it in 20fucking16. in 2018, their private placement memo leaked, this huge document for investors. it admitted that over 50% of all traffic on reddit is porn.
it's now 2023 and they haven't been able to shake that problem. they won't ban porn because the traffic numbers will collapse.
their IPO has been in the shitter since they first were talking about it in 20fucking16. in 2018, their private placement memo leaked, this huge document for investors. it admitted that over 50% of all traffic on reddit is porn.
it's now 2023 and they haven't been able to shake that problem. they won't ban porn because the traffic numbers will collapse.
Hoes were mad as fuark when they removed porn subs from /r/all as it meant people couldn't stumble upon their prostitution as easily.