Did Reddit admins get addicted to crack?
Reddit Migration@kbin.social – 106 points – 
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Reddit Migration@kbin.social – 106 points – Reddit Migration@kbin.social – 106 points – Reddit Migration@kbin.social – 106 points –
I'm way too pessimist to believe that IPO won't succeed, the world isn't fair and bad guys do win...
Why call it pessimistic? You dodged a bullet here, you surfed the wave when it was at the top, now it's time to move to another wave.
I expect there'll be an IPO, Reddit's owners seem fully intent on cashing out at this point. But it's not going to get them anywhere near the amount of money that they were hoping for, and that they probably could have got if they hadn't driven off a cliff like this.