This is a rant post and I apologize but I had to talk about this. Most subs are coming back online and not saying ANYTHING about the next steps. Only a handful of subs are going indefinite. I checked the front page for the first time today after leaving the a couple hours before the day of the blackout and what do I see? Subs are up, and comments and upvotes are up to the general average before the blackout.
I checked r/gaming to see their recent post (WHICH HAS OVER 68k UPVOTES), and I see a comment with over 500 upvotes saying in a nutshell, “You guys need to calm down, they’re a company and need to make money”.
Along with a couple other comments saying similar things. Are you fucking serious? You can’t even have the fucking balls to say, “This is a company that has consistently screwed over its users and I need to take a stand and quit my addiction”? You’re just gonna sit and do nothing? Fuck you. You’re no fucking better than u/spez. You’re all a bunch of fucking hypocritical liars for shitting on spez and the admins while talking about how you’re “done” with Reddit and you won’t support this.
Go touch grass you fucking addicted cowards. I’m glad I made the switch to Lemmy if it means I don’t have to interact with dumbfucks like you.
Doesn’t that result in the general public owning shares that gradually decrease in value while the current owners make money at the current value? Seems like index funds will be paying for it unless the actual amount the Reddit owners sell it for goes down before the sale.
Satisfying I guess, but frustrating that the people that did the damage get a payout while the public holds the bag while it deflates.
Your are right but thats the same as in many other IPOS. If you buy shares from a company you have to inform yourself where you spend your money.
Yeah, it’d just be nice if it lost all that value before going public and ended up a loss for the VCs instead of retirees.