Reddit aims for IPO in second half of 2023 - The Information
www.reuters.com
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Social media platform Reddit Inc is looking to go public later this year, likely in the second half, the Information reported on Tuesday, citing people familiar with the matter.

I’m not sure if this is appropriate to post here, but this may have a significant impact on The Fediverse if it causes migration?

This is very good news for Lemmy.

Ada
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32Y

I’m not sure that I’m keen for Lemmy to become the next Reddit.

Oh, I am.

Muad'Dibber
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12Y

Same, same. At least we can block the freeze-peaches instances when they pop up.

Ada
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22Y

Maybe I’m just gun shy from moderating Reddit subs…

poVoq
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102Y

All brace for the next phase of enshittification shortly after.

Muad'Dibber
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22Y

Great article. Brought this to mind:

Might be a good time to spin up some more instances, to brace for the impact of the reddit migrants.

I hope this will be our new Reddit.

Was the target not March 2022?

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