• thecdc1995@lemmy.world
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    1 year ago

    Well there’s the problem

    Reddit, which is based in San Francisco, has in recent years tried to turn from a rough-and-tumble internet message board into a full-fledged social media business by adding executives and strengthening its advertising capabilities.

    • IAccidentallyCame@lemmy.dbzer0.com
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      1 year ago

      The financial shit heads weasel their way into everything and fuck it up on us. This is what I like about this setup here, from the ground up it doesn’t seem like it can be bought our and IPO’d.

        • IAccidentallyCame@lemmy.dbzer0.com
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          1 year ago

          Yeah, I don’t want to see humanity keep on going like this. The profit incentive in some ways can increase the speed at which something develops, but it feels like we’re outgrowing it now that we have so many good communication/collaboration tools.

          The profit squeeze on everything feels like it does more harm than good.

        • Temple Square@lemmy.world
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          1 year ago

          I know. Like why can’t “we have enough revenue to operate the business” be good enough?

          It’s either go big and go broke for these clowns.

        • MercuryUprising@lemmy.world
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          1 year ago

          Because of greed. Not even just the founders, they could even be benevolent, but someone from the competition can just get greedy and attempt a buyout or try to cripple you by becoming bigger and constantly harassing your company. We have to bring back antitrust punishments and ban megamergers that have been running rampant.

      • Eldritch@lemmy.world
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        1 year ago

        not wholesale. any one of them could spin up an instance and try to monetize it. But they would never be able to shut the rest down or stop them.