1227
‘Reddit can survive without search’: company reportedly threatens to block Google
(www.theverge.com)
this post was submitted on 20 Oct 2023
1227 points (98.1% liked)
Technology
59447 readers
3593 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I just had to check, reddit isn't publicly traded yet. My best explanation was that spez had a strawman short 200x the amount of reddit stocks and then run the site so hard into the ground that even Musk would go whoa and Malagassy geophysicists would be getting strange readings on their seismographs.
Now? No, they're not actively trying to kill reddit. It's the classic case of someone who got lucky with a startup and didn't hand it off before crashing it.
They should have IPOd in 2020, like everyone else did, but they didn't. Why is anyone's guess. Greed, skeletons in the closet, or whatever, doesn't really matter, they missed the boat
He did hand it off. Then he clawed his way back in amid the Ellen Pao stuff and it's generally been going downhill the whole time.