Posted on 12/16/2021 5:54:30 AM PST by wastedyears
https://www.barrons.com/articles/reddit-initial-public-offering-ipo-news-51639645252?siteid=yhoof2&tesla=y
(Excerpt) Read more at barrons.com ...
I like Reddit…but this signals the end of its “Wild West” aspects. Some parts are not super woke. Going public will stifle that.
A year ago would have made more sense. This is not a good bet.
Will members be offered stock from IPO?
Big Tech took over the internet and ruined it. Reddit will have the same fate.
Yep. Another corner of relatively free thought, information exchange, and expression certain to get scrubbed.
The phrase that popped into my head after my post was “Disney-ification.”
Apt characterization.
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