Doesn't that result in the general public owning shares that gradually decrease in value while the current owners make money at the current value? Seems like index funds will be paying for it unless the actual amount the Reddit owners sell it for goes down before the sale.
Satisfying I guess, but frustrating that the people that did the damage get a payout while the public holds the bag while it deflates.
People are leaving Reddit over their moderation rules? I thought the CEO did something with the API.
But I mean, yeah, people who have compatible instance rules will federate and the people on those instances will have agreed to those rules. I think you might be overestimating how restrictive typical rules are, unless you think transphobia being called "not okay" is too restrictive.