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Reddit seeks to launch IPO in March
(www.reuters.com)
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this post was submitted on 18 Jan 2024
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Contrary to many in here, I don't think this will cause another exodus from reddit. those who might be concerned by this have already left or reduced their time on the platform
If Facebook hasn't had a mas exodus, neither will Reddit.
Facebooks death is slow and ongoing, and I'm pretty sure Reddit's will be too.
I don't know where you are getting your numbers. maybe it's your selection bias, but facebook's userbase keeps groing, and even if its getting less teenager engagement, those teenagers are flocking to Meta's other platform Instagram.
Or ~threads~ 🙄
If you move from facebook to instagram or threads why move at all?
Because many more people are concerned with where their friends are and what’s cool.
Yeah I understand that but I mean it's same hands so why try at all.
Because they don’t care who owns what platform. They care that they’re different and only some of their friends are on one of them and not the other.