this post was submitted on 09 Jun 2023

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/u/spez finds out (lemmy.blahaj.zone)

submitted 1 year ago by AineLasagna@lemmy.blahaj.zone to c/memes@lemmy.ml

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[–] jerkface@lemmy.ca 4 points 1 year ago* (last edited 1 year ago)

It's the IPO. This has been the plan since day one (or at least since Conde Nast). Reddit hasn't been operating at a loss for almost twenty years out of the goodness of their heart. It doesn't matter how much the users hate it, the users are what is for sale.