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.

  • 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.