What’s next: Reddit is likely to go public next week.

  • thantik@lemmy.world
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    8 months ago

    Yes it does. Hammers are like $0.20 to make, and sell for like $6. And they don’t cost millions to keep working either. This isn’t the example you think it is, hahaha.

    • Carighan Maconar@lemmy.world
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      8 months ago

      Plus even if you just look at it as a tool, it does turn a profit, via being a tool. That’s why a business gets a few, despite them originally costing them money. There’s expected value in the hammer. It exists, physically, and it has turned a profit plenty before.

      • WraithGear@lemmy.world
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        8 months ago

        My intention is that the value of the thing is what it can be used for. Its a tool that can be used to spread propaganda, and control the narrative. For the owner it’s a means to an end. Guess i should have clarified.

        • Revan343@lemmy.ca
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          8 months ago

          That works for privately owned companies-- the current example is Twitter, which is useful for pushing propaganda.

          It doesn’t work for publicly owned companies, because public investors are only interested in profitting