IPO = Initial Public Offering, where shareholders offer to sell their shares to the public, shifting a company from a “private company” (it belongs to me, you, and that guy) to a “public company” (it belongs to anyone who pays enough for the shares).

The userbase has been always touchy when it comes to IPO, and rightfully so; they know that the new owners will only care about squeezing the platform dry. As such, I predict a new flood of Redditfugees to Lemmy and Kbin.

    • Lvxferre@lemmy.mlOPM
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      1 year ago

      Vulture capital. They don’t really care about what they’re buying as long as they get some profit out of it.

    • DarkThoughts@kbin.social
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      1 year ago

      It’s gotten really bad. Since the protests a lot of subs seem to be just gone and a lot of the old subs that are still there are mostly just bots reposting top posts, with a bunch of bots reposting top comments. Someone made a bot who tracks those repost bots and calls them out (which Reddit could do from within their backend automatically), and some submissions had like 60-70 percent removed bot comments. And of course all of them had a bunch of gullible idiots talking to them.

            • Neshura@bookwormstory.social
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              1 year ago

              What makes you think we expect any data? It was just a kind request if you had any lying around, if not that’s perfectly reasonable. No reason to get dickish about it.

            • Lvxferre@lemmy.mlOPM
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              1 year ago

              [Speaking as a mod]
              You don’t have data, you were sharing an anecdote, that’s 100% fine. But chill on the passive aggression.

                • Lvxferre@lemmy.mlOPM
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                  1 year ago

                  If you see trolling behaviour in this community, please report it, either through the report button or through DM. With evidences that the user is trolling (that’s important).

                  Don’t try to solve it through aggressions, passive or active, as they encourage other users to behave the same, and make the community less fun for everyone. OK?

                  • DarkThoughts@kbin.social
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                    1 year ago

                    Are you saying reports do not link to the actual reported comment and I have to manually add the reference link myself?

                    And this interaction was in another community. Besides, I’ve given up on reporting anything on this particular instance, as most mods on here seem to not take actions against tankies, even when they’re straight up insulting people or spreading disinformation. I was about to block this community as well anyway after dropping my initial reply to someone else, as I do this now to all the Lemmy.ml ones that pop up in my feed.

    • Candelestine@lemmy.world
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      1 year ago

      Lots of little suckers, as opposed to any big single one. An IPO means its going to hit the stock market. You could buy a share, and then go to a shareholder meeting and yell at them if you wanted. Theoretically.

      • Lvxferre@lemmy.mlOPM
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        1 year ago

        Three key differences: bot content here is marked, avoiding it is as easy as checking a box in your profile, and Lemmy not being sold.

          • Lvxferre@lemmy.mlOPM
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            1 year ago

            Don’t get me wrong, I do not think that bot content should be the rule here. I think that it’s useful in a few situations, but the main content should be organically created by chimps with funky hair patterns.

            What I’m saying here is that Lemmy is using bot content in a saner way than Reddit does, specially given the context.

    • Dem Bosain@midwest.social
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      1 year ago

      It’s not even good for support anymore. Anytime a search engine gives me a Reddit link, at least 10% of the comments have been deleted. The best information has been gutted.