So the claim is interest rates will never get low enough to make unprofitable social networks that are growing enticing IPOs again? Or at least for years? If t

So the claim is interest rates will never get low enough to make unprofitable social networks that are growing enticing IPOs again? Or at least for years? If that's the case I guess private acquisition is another way out, but I think kicking the can down the road and waiting for sentiment to change makes sense. No doubt interest rates play a role in appetite for risk, but also there's a lot of public cash out there looking for growth companies even in a higher interest rate environment and I can see Reddit taking that route even if it's not the perfect outcome. Ultimately, remaining private and trying to grow a sustainable, profitable business isn't going to be what they choose. I didn't even get into the porn situation, which may be why they decide to just go the tumblr route and try and cash out to a larger tech co though.