If the market for initial public offerings recovers in the new year, one company that aims to go public early on is Reddit. An IPO will put the spotlight on the prospects for Reddit’s advertising business, which has fallen short of ambitious growth targetsoutlined by executives two years ago. ...
  • spudwart@spudwart.comEnglish
    6·
    11 months ago

    This will trigger an enshittification cycle.

      1. Underperformance per-quarter resulting in anti-user actions to increase profits.
      1. Users leave because of anti-user actions.
      1. Profits will decrease as users leave until the end of quarter.
      1. Return to Step 1.