Reddit power users balk at chance to participate in IPO as Wall Street debut nears
Reddit power users balk at chance to participate in IPO as Wall Street debut nears
Reddit is inviting some users to participate in its IPO this week, but moderators told CNBC that they're not taking the company up on its offer.
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In its filing, Reddit also names as competitors Wikipedia, Snap, X, Pinterest, Roblox, Discord and Amazon’s Twitch.
What the fuck?
Roblox?
Did they use ChatGPT to write their fucking filing? Jesus
Twitter is the only thing on that list even remotely close
I'd replace Wikipedia with Stack Overflow to make it more accurate, too.
No, Wikipedia is a competitor to Reddit, in the category of "where can I find an answer to this thing I want to know, since Google is absolute shit anymore?"
Wikipedia
You mean they see the non-profit organisation as a rival?
How can they possibly compete with a company that doesn't lose millions of dollars a year??
Roblox owns guided which is a discord like gaming voice chat service that also includes all those community features. Soo maybe that's the connection?
That makes more sense. Here I was thinking Roblox was still all in the videogame child labor market