this post was submitted on 05 Aug 2023
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The real test of win/lose is if they are able to turn a profit
I'd be surprised if they could. They're copying Elon, after all.
So the next move will be to rename the site to a single letter of the alphabet.
R
Y
B
They haven't in 10 years, I wouldn't hold my breath.
The FED & BCE jack's the cost of borrowing money, so once a "I just borrow more it's basically free" now it's "those dollars gotta bring money in or we're bust".
Interesting times for Reddit...
Long term.
No, short term. Spez is looking to sell, he doesn't care how it looks after the sale goes through.
Agree, he is straight up destroying the site for the IPO and will bail the second he can cash out