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Joined 1 year ago
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Cake day: August 2nd, 2023

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  • “Lockup” is an investment term. When a company has an IPO (Initial Public Offering, which is the day they become publically available for stock trades), the big shareholders and company employees who are invested ahead of the IPO are “locked” from selling their shares for a certain number of days. This isn’t required, but most companies having an IPO end up having a lockup period set as well.

    In regards to this headline, it just means that the initial investors and big shareholders are now free to sell their shares, which they are apparently doing in droves!


  • The whole social aspect of Venmo is one of the stupidest things to have ever been created. I use Venmo because it’s the most widely used platform, but all of my transactions are private.

    Do people even scroll through the public feed of their friends? Why does anyone care that their friend paid another friend (who they likely don’t even know) $10 for a burger and fries? So fucking dumb.




  • It goes much deeper than just coffee shops and other public wifi. There are people in oppressive countries that have to use VPNs to get around their country-wide bans of certain sites, such as anything that provides access to information. Reddit used to be a sanction for tons of information sharing. But now, with Reddit going public, they have to appeal to their shareholders, who probably have business or other deals in those oppressive countries. So, even if Reddit is simply trying to force users to be trackable, it still behooves the shareholders to make information and knowledge more difficult to access to certain people.






  • kenopsik@lemm.eetoTechnology@lemmy.world*deleted by creator*
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    8 months ago

    Yep, advertiser don’t care how they got those clicks. They just want the numbers to go up so they feel like their “investment” is doing something. Tricking people into thinking it’s user content, showing half naked girls for a dumb mobile gambling game, showing fake products… they don’t care. Advertisers only have one thought: “Hurr Durr Numbers Go Brr”


  • Every day the same thing ad nausea. Fascism bad. Sexism bad. Phobia bad. Musk bad. Orange man bad. Inflation bad. Boomers bad. Cats good. Name my rescue dog. Celebrity good. Celebrity dead.

    That’s not just Reddit. That’s the entire Internet right now. Reddit or Lemmy, X or Mastodon, Facebook or anything else on the Fediverse. It’s all the same. We are living in a time of mass fear because of several different reasons. War, climate, economy, personal rights… pick whatever topic you want. There’s a reason to be angry about it.

    We need to go back to the days of happy people sharing their passions, rather than angry people attacking each other. But that won’t happen anytime soon.









  • kenopsik@lemm.eetoMemes@lemmy.mlBut I can't sleep
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    9 months ago

    In this economy??

    Fabricated poverty and homelessness, medical and educational debts, corporate greed and consumerism, accumulating environmental issues that nobody with the ability to make change is willing to pursue, non-stop wars, political turmoil…

    I don’t know. I think the dead have it better.