As I said in the previous thread I thought one of the idea behind the killing of... | Hacker News

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haunter on Oct 21, 2023 | parent | context | favorite | on: Reddit mods dumped tokens hours before blockchain ...

As I said in the previous thread I thought one of the idea behind the killing of the 3rd party apps was to force everyone to use the official app > it has the crypto wallet so Reddit can promote it. Yet 2 months later they kill that too. Very strange (guess it didn't fit the IPO plans)

JumpCrisscross on Oct 21, 2023 [–]

> guess it didn't fit the IPO plans

From what I heard, this is exactly it. Going public as a crypto-tainted company would have reduced the pool of buyers and lowered the stock price.

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