this post was submitted on 31 Jul 2026
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Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints (finance.yahoo.com)
submitted 1 day ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
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[–] kestrel7_7@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

The current system has folks raising cap-ex by selling bits of control in their company, but this is a thread about how that system has failed to both expand capacity and increase the utility of reddit. So. IDK, they could raise money with bonds or grants or something. It doesn't really matter too much because the current system simply doesn't work in practice either.