Reddit has never turned a profit in nearly 20 years, but it just filed to go public anyway | CNN Business
Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday.
It will never happen, but I'd love to see Spez and the troons that are spit roasting him thrown out of Peddit HQ after a hostile takeover by someone willing to be the adult in the room.
Who the fuck would actually buy reddit though? There's zero value in it and really that's the case for the data as well because most of the time it's reddit spergs bickering with each other endlessly who have no idea what they're posting about and any expertise on that site left out of frustration. I remember quite vividly seeing posting about this too, genuine people who were willing to give the time of day got fed up dealing with the horrible retards on there who wouldn't behave normally.
With twitter you can make the argument because of the connections it had and how many high profile people were shilling their accounts there it had value for public discourse to make sure somebody that was at least less of a blatant glowie could take over. Reddit mods and admins literally banned anything of value that site had and they did it far worse than twitter did even though twitter is generally recognised as a shithole part of the internet.
Only an encentric billionaire like Elon with a non-financial motivation would outright buy it. I think that's why Elon bought Twitter. Not to make a profit but to be able to shitpost without getting tranny jannied.
But keep in mind that the average tranny janny isn't thinking like you or a smart investor. They're retarded and if the stock comes with voting rights that might be another motivation, although I doubt they would be able to afford enough to meaningfully increase their influence beyond what their powermod positions grant them.
I'd love to see reddit's equivalent of "the twitter files". Actually no I wouldn't want to see that because it's most likely every groomer's child porn toolkit, but I'd love to see spez getting implicated in various shady crimes there. If someone looked through their backups I'm sure editing people's comments on T_D is only the tip of the iceberg.