This article was published yesterday but I did not see it posted here. Please merge if there’s already a post about this.

“Reddit’s winding path to a potential initial public offering hit its latest bump after the site’s plans to make more money from access to its data drew condemnation from volunteer moderators.”

  • DarthYoshiBoy@kbin.social
    link
    fedilink
    arrow-up
    1
    ·
    1 year ago

    What a load of garbage takes that was. It didn’t present any side other than the provably false one that Reddit is projecting. I can hardly believe that passes for reporting even in this day and age. 💩

    • RooPappy@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      This line: “The move may be an effort by the firm to improve its financials ahead of a potential initial public offering.”

      Isn’t that confirmed bullshit? I thought every developer had already said that the API costs were so high that they were going to shut down. Are there developers who were willing to pay?

      You don’t improve your financials by putting a price on things. You only improve them if you actually collect money.