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

    • Carighan Maconar@lemmy.world
      link
      fedilink
      arrow-up
      25
      ·
      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
        link
        fedilink
        arrow-up
        2
        ·
        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
          link
          fedilink
          arrow-up
          2
          ·
          edit-2
          8 months ago

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

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