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this post was submitted on 19 Jun 2023
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Shower Thoughts
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@hiyaaaaa23 It's because he's only worried about broader public perception, not the opinions of his own users (except insofar as those impact that public perception). So he goes to the mainstream news media, especially after seeing he didn't have any talent for engaging with the Reddit community in that AMA. The dude's worried about his IPO, and he should be.
@BakoBitz
@hiyaaaaa23
There was a pretty nasty article on Reuters which I would consider a nail in the IPO's coffin.
Emphasis mine:
When Reuters says that, it means that everyone else knows their schedule to IPO (at minimum) is dead in the water unless they want to have the most laughable initial offering in history.
Long-term, their ability to recover from this seems mostly dependent upon the power users who moderate, and generate meaningful content's willingness to stick around.
Those who remain indifferent are unlikely to fall within the group specified above.