Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.
just bookmarked this post to remember it when some nerd tries to tell me again that federation solves all our problems in the wordl 😅
Yea, I do think there’s a bit of cult-hype around federation and decentralisation and has been for a while here in the Fedi. Which is really just tech hype … the idea that some technology magically solves problems.
In reality, better social media requires more than just a technology.