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To: GulliverSwift

Reddit will be next. They have announced an IPO. A few years ago they valued the company at $10 billion then a year later it was $5 billion. No current valuation as the IPO details are being worked on. That is a 50% drop. I figure they will be committing stock fraud and give out fake user numbers.

The news article I saw was at Yahoo and the comments were almost all negative towards Reddit. They censor and ban users all the time. Not just a ban but a permanent ban where they track your pc or cell phone if you create another account and log in.

You cannot have a successful business doing that.
The owners will become rich, the company will decline and the investors will lose lots of money and like Vice and many others will disappear.


7 posted on 02/29/2024 12:31:38 AM PST by minnesota_bound (Need more money to buy everything now)
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To: minnesota_bound

Reddit lost almost all their conservative users when they banned r/The_Donald in 2020. That user base is still going strong today at https://patriots.win/

So essentially they threw away a huge clientele.

I post memes and links from PDW here all the time.


8 posted on 02/29/2024 1:49:05 AM PST by FreedomPoster (Islam delenda est)
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To: minnesota_bound

The only people reddit bans or censors are conservatives. just the thought of saying “ a man cant give birth is akin to poking a hole inside a volcano. You will quickly realize that was a bad idea on that site.


9 posted on 02/29/2024 3:27:48 AM PST by Ikeon (Why is it acceptable to be a fool but, wrong to point it out? )
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