IPO = Initial Public Offering, where shareholders offer to sell their shares to the public, shifting a company from a “private company” (it belongs to me, you, and that guy) to a “public company” (it belongs to anyone who pays enough for the shares).
The userbase has been always touchy when it comes to IPO, and rightfully so; they know that the new owners will only care about squeezing the platform dry. As such, I predict a new flood of Redditfugees to Lemmy and Kbin.
Who will be the sucker that buys a site full of bots reposting content for other bots to “discuss”?
Vulture capital. They don’t really care about what they’re buying as long as they get some profit out of it.
That would require reddit to actually be making a profit…
during the entire API fiasco some people had a look at their financials and the conclusion was that they should be making a profit if their revenue numbers are remotely correct. Somewhere in this pit of dung they have several money pits of unknown nature
Or if Reddit can bullshit that the site can be profitable “soon”.
It’s not even good for support anymore. Anytime a search engine gives me a Reddit link, at least 10% of the comments have been deleted. The best information has been gutted.
It’s gotten really bad. Since the protests a lot of subs seem to be just gone and a lot of the old subs that are still there are mostly just bots reposting top posts, with a bunch of bots reposting top comments. Someone made a bot who tracks those repost bots and calls them out (which Reddit could do from within their backend automatically), and some submissions had like 60-70 percent removed bot comments. And of course all of them had a bunch of gullible idiots talking to them.
Interesting, any link to that bot analysis?
Same, really interested in that data
You and him seem really confused to expect any actual data out of an anecdote, but you do you. ¯\_(ツ)_/¯
[Speaking as a mod]
You don’t have data, you were sharing an anecdote, that’s 100% fine. But chill on the passive aggression.
Nah, sorry. I have this dipshit troll tagged already from a month ago. He does this crap all the time.
If you see trolling behaviour in this community, please report it, either through the report button or through DM. With evidences that the user is trolling (that’s important).
Don’t try to solve it through aggressions, passive or active, as they encourage other users to behave the same, and make the community less fun for everyone. OK?
Are you saying reports do not link to the actual reported comment and I have to manually add the reference link myself?
And this interaction was in another community. Besides, I’ve given up on reporting anything on this particular instance, as most mods on here seem to not take actions against tankies, even when they’re straight up insulting people or spreading disinformation. I was about to block this community as well anyway after dropping my initial reply to someone else, as I do this now to all the Lemmy.ml ones that pop up in my feed.
What makes you think we expect any data? It was just a kind request if you had any lying around, if not that’s perfectly reasonable. No reason to get dickish about it.