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.
In related news, I’ve got a pile of human feces and used toilet paper for sale. There are trolling “jokes”, misogynistic rants, bot comments, and incel screeds written on the toilet paper. Any bidders?
Have you considered an IPO of your toilet bin? You could get rich!
0.01€/kg
After carefully processed and composted, that is pure gold for agriculture and soil recovery.
I long expected a sub to show up of people’s bathroom results. Never looked for it. Didn’t want it myself. But fully expected it.