this post was submitted on 07 Jan 2024
237 points (100.0% liked)

SNOOcalypse - document, discuss, and promote the downfall of Reddit.

180 readers
1 users here now

SNOOcalypse is closing down. If you wish to talk about Reddit, check out !reddit@lemm.ee, !reddit@lemmy.world and !RedditMigration@kbin.social.


This community welcomes anyone who wants to see Reddit gone. Nuke the Snoo!

When sharing links, please also share an archived version of the target of your link.

Rules:

  1. Follow lemmy.ml's global rules and code of conduct.
  2. Keep it on-topic.
  3. Don't promote illegal stuff here.
  4. Don't be stupid, noisy, obnoxious or obtuse (S.N.O.O.)
  5. Have fun, and enjoy the popcorn! ๐Ÿฟ

founded 1 year ago
MODERATORS
 

Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] marco 2 points 10 months ago

A few years ago I would have bought some stocks to support them ... Now, I'd counsel anybody to stay away from that stock because the company could further alienate and lose most of their active users at any time.