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Reddit’s Moderator Revolt Casts Shadow on Potential IPO
(www.barrons.com)
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This line: "The move may be an effort by the firm to improve its financials ahead of a potential initial public offering."
Isn't that confirmed bullshit? I thought every developer had already said that the API costs were so high that they were going to shut down. Are there developers who were willing to pay?
You don't improve your financials by putting a price on things. You only improve them if you actually collect money.