I’m seeing an obvious and expensive endgame here, including trying to sell reddit baggage to its users without giving them power.
There’s /.superstonk, the killed /ppshow crowd went back to /bbby, there’s /teddy, Dr T is now on /householdinvestors…how many know about this place as an alternative and can it stay up if they show up?
Chalk reddit up to another centralized platform that once showed sparks of promise and now is just another fully coopted and controlled cesspit.
I personally don’t plan to go near the IPO as a profit play in either direction, and wouldn’t invest capital in the business itself on principle alone. But to each their own.
I hope more continue to move to decentralized alternatives.