Question: People who still frequent Reddit, has it gone back to business as usual or are the protests still having effect?

NotSpez@lemm.ee to Reddit@lemmy.world – 609 points –

I haven’t gone back since Apollo shut down, and not planning to, but I am curious.

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Yeah, tanking your valuation is the exact opposite of you want to do before going public. Not to mention that AFAIK pre-ipo stock buying isn't a thing.

It truly was humorous to hear people with absolutely no business education talk so confidently about how big of a mistake the execs made. As if people with advanced degrees in business and years of experience didn't know exactly what they were doing.

They knew they'd lose a few million subscribers, but they also knew the people they're losing were people that they weren't going to profit off of.

I also had a chuckle at people thinking that the current mod teams were the only people in the world who would be willing to exert control over millions of people for free.

pre-ipo stock buying isn’t a thing

It absolutely is, and there are even companies out there that specialize in private stock sales and trades.