Reddit gets ready for IPO, setting a top valuation of $6.4 billion

Chris Remington@beehaw.org to Technology@beehaw.org – 119 points –
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How quick after IPO do they ban porn and how quick after that does the site fail?

As the site has never posted a profit in all its 18 years of operation, when has it not failed in a business sense?

They know it will be big backlash so they got to wait till the move is profitable. Knowing these morons though, they will do it as soon as business times brings it up.

When has banning porn ever been profitable? Look at tumblr.

Some one somewhere is dumb enough to select the worst possible business decision for their niche audience. Look at tumblr.

Some one is going to see banning porn will bump up ad revenue without caring that it kills the platform. Got to keep the inverters happy.

Or OnlyFans 😆 They almost went out of business. It was really disingenious to have a porn site..... ban porn? 🤔 😶

I don't think porn is a huge part of Reddit though. I always loved the way they had these great amateur communities of real exhibitionists, but lately things have been ruined anyway with more commercial people just teasing their onlyfans.

But due to the niche communities there, I think reddit banning porn would be a real opportunity for lemmynsfw. A mainstream community is much harder to move but a niche community can move pretty rapidly.