• Banzai51@midwest.social
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    1 year ago

    That’s not the point for Reddit. They need to show a path to profitability for investors on the Reddit planned IPO. They plan on harvesting every last ounce of user data, and those third party apps deny them that every last ounce of data. That is why they won’t back down.

    • generalpotato@lemmy.world
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      1 year ago

      I commented another place in the thread here about how Huffman is bsing about this “profitability” angle and I can’t link to it. :-( Path to profitability for reddit is a pre-seed 1 funding conversation that should have already been iterated on and solved by now, especially if they are going to IPO. Even if they were to harvest user data, that can be done with transparency, but they just don’t want to do it.