themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 11 days agoReddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappointsfinance.yahoo.comexternal-linkmessage-square476linkfedilinkarrow-up11.08Karrow-down18 cross-posted to: reddit@lemmy.world
arrow-up11.07Karrow-down1external-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 · 11 days agomessage-square476linkfedilink cross-posted to: reddit@lemmy.world
minus-squarebandanawearingbanana@lemmy.worldlinkfedilinkEnglisharrow-up4·11 days agoWhy the hell is Reddit publicly traded? Like what is the product even?
minus-squareEp1cFac3pa1m@lemmy.worldlinkfedilinkEnglisharrow-up6·11 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-up3·11 days agoEverybody now! “If the service is free to you, then you are the product!”
minus-squareTollana1234567@lemmy.todaylinkfedilinkEnglisharrow-up1·11 days agothey went public 1-2 years ago, spez wanted to be “richer” so he sold off some shares,which made him richer.
minus-squareisleepinahammock@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1arrow-down1·11 days agoThe same could be said for newspapers.
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!”
they went public 1-2 years ago, spez wanted to be “richer” so he sold off some shares,which made him richer.
The same could be said for newspapers.