this post was submitted on 23 Apr 2025
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[–] CarbonatedPastaSauce@lemmy.world 189 points 2 days ago (36 children)

We need a decent replacement for this, stat. Once they go into IPO mode it's gonna get real shitty, real fast.

[–] catloaf@lemm.ee 169 points 2 days ago (9 children)

This is them going into IPO mode.

Matrix is a reasonable replacement.

[–] quartz@kbin.earth 16 points 1 day ago (1 children)
[–] Darorad@lemmy.world 63 points 1 day ago (1 children)

Initial Public Offering.

Its where a company offers stock for public sale, and gets listed on the stock market.

Generally this corresponds with a company pushing hard to maximize profits over other metrics like user growth.

[–] quartz@kbin.earth 9 points 1 day ago
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