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…
Or if Reddit can bullshit that the site can be profitable “soon”.
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
Are they SBFing islands for their hoity parents?
I think I heard this before …
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Interesting, any link to that bot analysis?
Same, really interested in that data
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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.
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sure buddy, it’s the beginning of a bad faith argument and gaslighting, suree… If it helps you sleep better we can all pretend that’s what it is and not just some random people genuinely interested in that data.
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[Speaking as a mod]
You don’t have data, you were sharing an anecdote, that’s 100% fine. But chill on the passive aggression.
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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?
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Lots of little suckers, as opposed to any big single one. An IPO means its going to hit the stock market. You could buy a share, and then go to a shareholder meeting and yell at them if you wanted. Theoretically.
That reminds me of this super genius billionaire guy…
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.
Have you seen how much bot content is here? Glass houses and all.
Three key differences: bot content here is marked, avoiding it is as easy as checking a box in your profile, and Lemmy not being sold.
Enjoy your small subset off posts I guess
Don’t get me wrong, I do not think that bot content should be the rule here. I think that it’s useful in a few situations, but the main content should be organically created by chimps with funky hair patterns.
What I’m saying here is that Lemmy is using bot content in a saner way than Reddit does, specially given the context.
What are you smoking bud