Technology

59589 readers

3300 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

680

Reddit: Return Of The Junk Stock IPO (www.forbes.com)

submitted 8 months ago by KingThrillgore@lemmy.ml to c/technology@lemmy.world

149 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Kinglink@lemmy.world 2 points 8 months ago

What else do you think they should spend their money on?

Serious question, they're a social media site, their whole goal is to sell ads to consumers, which is all R&D cost and server cost. User acquisition at this point is minimal, Sales is basically "We have a lot of users, want to talk to them." The goal is to create ways that sales can sell to consumers to make money.

Doesn't help the consumer base is actively hostile to advertisements.