themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 10 days agoReddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappointsfinance.yahoo.comexternal-linkmessage-square459linkfedilinkarrow-up11.04K
arrow-up11.04Kexternal-linkReddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappointsfinance.yahoo.comthemachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 10 days agomessage-square459linkfedilink
minus-squarebandanawearingbanana@lemmy.worldlinkfedilinkEnglisharrow-up4·10 days agoWhy the hell is Reddit publicly traded? Like what is the product even?
minus-squareEp1cFac3pa1m@lemmy.worldlinkfedilinkEnglisharrow-up6·10 days agoWell the product was the users, but since it’s mostly bot traffic now I’m not really sure ¯\_(ツ)_/¯
minus-squareEnchiladaRaisins@lemmy.ziplinkfedilinkEnglisharrow-up3·10 days agoEverybody now! “If the service is free to you, then you are the product!”
minus-squareisleepinahammock@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·10 days agoThe same could be said for newspapers.
minus-squareTollana1234567@lemmy.todaylinkfedilinkEnglisharrow-up1·9 days agothey went public 1-2 years ago, spez wanted to be “richer” so he sold off some shares,which made him richer.
Why the hell is Reddit publicly traded? Like what is the product even?
Well the product was the users, but since it’s mostly bot traffic now I’m not really sure ¯\_(ツ)_/¯
Everybody now! “If the service is free to you, then you are the product!”
The same could be said for newspapers.
they went public 1-2 years ago, spez wanted to be “richer” so he sold off some shares,which made him richer.