Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday.
Great twist: users can by stocks. They can profit from their online activity, from their attention.
What looks great becomes weird if you think through it. You get a fraction of the profit of advertising that plasters your online home, a fraction of the text inputs, and you only get it if profit is positive. Before that you put your money in a stock that is very likely to fall down as there is obviously no interest of big money.
Best way to fck yout user base. Glad to be here in fediverse
Great twist: users can by stocks. They can profit from their online activity, from their attention.
What looks great becomes weird if you think through it. You get a fraction of the profit of advertising that plasters your online home, a fraction of the text inputs, and you only get it if profit is positive. Before that you put your money in a stock that is very likely to fall down as there is obviously no interest of big money.
Best way to fck yout user base. Glad to be here in fediverse