this post was submitted on 04 Feb 2024
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Pretty much what happened with reddit which lost all its power users.
Yes, with a difference: Reddit knows it but doesn't care due to the imminent IPO.
When is it? Feels like I've been hearing about reddit IPO for 3 years now.
I'm almost starting to wonder if that's the plan. Just keep saying "IPO IPO IPO" to get funding from over-eager VCs who want a piece of the IPO before it becomes widely available.
But then you just never IPO. Keep making minor to moderate mistakes along the way so you can be all "weeeeell we would have IPO'd but insert thing here so we want to wait another 6 months to let it die down". Repeat until you're ready to quit, then actually IPO and ride the initial IPO high all the way down via golden parachute.
IIRC around March or so.
Then watch as the porn purge begins. Then the site will slowly die.
That's what I'm predicting, too; past IPO the site will become a shadow of its former self. It won't be just porn being banned, but also:
I just wish that this all happened before the IPO. Sadly, it won't.