Clbull@lemmy.world to Technology@lemmy.worldEnglish · 4 months agoReddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Yearswww.forbes.comexternal-linkmessage-square174fedilinkarrow-up1814arrow-down121
arrow-up1793arrow-down1external-linkReddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Yearswww.forbes.comClbull@lemmy.world to Technology@lemmy.worldEnglish · 4 months agomessage-square174fedilink
minus-squarejettrscga@lemmy.worldlinkfedilinkEnglisharrow-up79arrow-down1·edit-24 months agoThe premise of the question is flawed in my opinion. It only needs to be profitable because they put themselves in that situation by going public. A social platform run by users should only need to break even. I have no idea why a web forum needs to be on the stock market. Now it’s another example of Enshittification of the internet.
minus-squarePatFusty@lemm.eecakelinkfedilinkEnglisharrow-up11·4 months agoThat’s why I said given where they are now, how would it even be possible. What can they do outside of raise prices of reddit stickers or ad-free reddit.
minus-squarejettrscga@lemmy.worldlinkfedilinkEnglisharrow-up24·4 months agoYeah that’s fair. Merchandising is the only palatable idea I can think of. More likely to happen: Twitter’s verified user subscription strategy More ad posts with paid-priority (priority hidden from users) Layoffs with AI as miracle cure Selling user data for AI training (check) Paid API access (check) But it’s really hard to ignore that its function isn’t really designed for profit and it’s wacky that we have to humor the idea.
minus-squareAltima NEO@lemmy.ziplinkfedilinkEnglisharrow-up12·4 months agoIronically, if they charged moderators to be moderators, theyd probably pay for it. Some of those people were nuts.
The premise of the question is flawed in my opinion. It only needs to be profitable because they put themselves in that situation by going public.
A social platform run by users should only need to break even. I have no idea why a web forum needs to be on the stock market.
Now it’s another example of Enshittification of the internet.
That’s why I said given where they are now, how would it even be possible. What can they do outside of raise prices of reddit stickers or ad-free reddit.
Yeah that’s fair.
Merchandising is the only palatable idea I can think of.
More likely to happen:
Twitter’s verified user subscription strategy
More ad posts with paid-priority (priority hidden from users)
Layoffs with AI as miracle cure
Selling user data for AI training (check)
Paid API access (check)
But it’s really hard to ignore that its function isn’t really designed for profit and it’s wacky that we have to humor the idea.
Ironically, if they charged moderators to be moderators, theyd probably pay for it. Some of those people were nuts.