zephyr@lemmy.world to No Stupid Questions@lemmy.world · 2 years agoWhy do some people still have hope for Reddit?message-squaremessage-square175fedilinkarrow-up1150arrow-down17file-text
arrow-up1143arrow-down1message-squareWhy do some people still have hope for Reddit?zephyr@lemmy.world to No Stupid Questions@lemmy.world · 2 years agomessage-square175fedilinkfile-text
minus-squareBig P@feddit.uklinkfedilinkarrow-up3·2 years agoReddit is a VC backed startup so this was always going to happen. I am surprised it took so long, to be honest.
minus-squareKadath (she/her)@lemmy.worldlinkfedilinkarrow-up1·2 years ago VC I swear the only acronym I can think of is Vietcong. What do you mean by that?
minus-squareExusgu@lemmy.worldlinkfedilinkarrow-up1·2 years agoIt stands for “venture capital”. Investors invest money in a company in hopes they’ll make lots of money on the deal in the future. Often high risk and high reward.
minus-squareKadath (she/her)@lemmy.worldlinkfedilinkarrow-up1·2 years agoThank you. The context makes sense now.
Reddit is a VC backed startup so this was always going to happen. I am surprised it took so long, to be honest.
I swear the only acronym I can think of is Vietcong. What do you mean by that?
It stands for “venture capital”.
Investors invest money in a company in hopes they’ll make lots of money on the deal in the future. Often high risk and high reward.
Thank you. The context makes sense now.