If the market for initial public offerings recovers in the new year, one company that aims to go public early on is Reddit. An IPO will put the spotlight on the prospects for Reddit’s advertising business, which has fallen short of ambitious growth targetsoutlined by executives two years ago. ...
same here, since 2008. Pretty much every user of the site was on the same standard default subreddits. I don’t like what Reddit has become but I don’t blame them like a lot of people here.
Honestly they were a corporation from the get-go, out to make money once it became popular. They built something no one else did.
But going forward, the little reddit escapade from their corporate suite shows that freedom of speech can only thrive when there is no driving profit motive.
Spez wanted to be Zuck and just like Zuck, he allowed bad people to abuse the site in order to hurt others.