Reddit's cofounder said that at first the company felt like 'a homework assignment that got out of hand' rather than a business
www.businessinsider.com
Reddit's cofounder Steve Huffman said in its early days he filled up most of the site with content using different accounts until it got more users.

Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.

    • Cowbee@lemmy.ml
      71·
      6 months ago

      This is literally the anti-Capitalist reddit. It was made precisely to answer Reddit with better, decentralized structure so as to avoid the problems Reddit has.

      Is being radical itself bad? If the only solution for a given problem is drastic, immediate change, such as Climate Change requiring a major Overhaul of infrastructure, agriculture, and consumption as quickly as physically possible, is this solution bad simply because it’s radical?

      Personally, I think worker ownership is a necessary solution to the constant deterioration of Capitalism. I am, therefore, a radical. I don’t believe Capitalism can be salvaged, only band-aids applied as temporary measures. What’s wrong with this POV?