What’s next: Reddit is likely to go public next week.

  • Carighan Maconar@lemmy.world
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    8 months ago

    Plus even if you just look at it as a tool, it does turn a profit, via being a tool. That’s why a business gets a few, despite them originally costing them money. There’s expected value in the hammer. It exists, physically, and it has turned a profit plenty before.

    • WraithGear@lemmy.world
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      8 months ago

      My intention is that the value of the thing is what it can be used for. Its a tool that can be used to spread propaganda, and control the narrative. For the owner it’s a means to an end. Guess i should have clarified.

      • Revan343@lemmy.ca
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        8 months ago

        That works for privately owned companies-- the current example is Twitter, which is useful for pushing a propaganda.

        It doesn’t work for publicly owned companies, because public investors are only interested in profitting