I never expected them to change their mind, they know what they want and they know what sort of people they want on their platform and frankly it is not us.

Plenty of people including me are very glad about being pushed in a more fedi direction, and genuinely enjoy it here. Probably most of those people are older like me and feel very much at home with a bit of jank, with Mastodon's topic-based following system, etc etc. Because that's what the internet was like when we were first exploring it. We will 100% stick around.

For younger or less techy people though, the only thing that really gets them to use services is how easy it is. And that's fine too. We can have our own corner of the internet here to be dorks in, and they can have their own corner over there, and we can all still be friends just...you know...from a distance.

somebody else pointed this out, but it's honestly bizarre he's going in on the "we aren't making any money" ploy in preparation for the ipo

what's the pitch to the investors? "please by shares in this unprofitable company, in the hope that we can become profitable by pissing off our userbase"?

I wonder if they expect to be able to have chatGPT supply all the memes.

Just a textbook case of not knowing the free labor was the product.