Technology

37719 readers

490 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

alyaza@beehaw.org

TheRtRevKaiser@beehaw.org

gyrfalcon@beehaw.org

rs5th@beehaw.org

Los@beehaw.org

coldredlight@beehaw.org

SemioticStandard@beehaw.org

TheRtRevKaiser@kbin.social

remington@beehaw.org

166

Report: 75K loyal Redditors can snag shares before Reddit goes public (arstechnica.com)

submitted 8 months ago by Powderhorn@beehaw.org to c/technology@beehaw.org

39 comments fedilink hide all child comments

This is one of the more scathing pieces to come out on Ars about Reddit. As the site did not respond to inquiries, all that was available to report on was profoundly negative statements that Advance is unlikely to enjoy seeing.

you are viewing a single comment's thread
view the rest of the comments

[–] SatanicNotMessianic@lemmy.ml 19 points 8 months ago

It’s going to be a glorious disaster. Didn’t they slash the initial IPO estimate about six months after announcing it and shortly before the whole API thing? I haven’t cared enough to follow it closely, especially since abandoning the platform, but it really seems like the stakeholders wanting to cash in on a sinking ship before it finally goes down.