I dont think the smoke and mirrors is going work any more... Maybe, but it appears me we are seeing the business cycle return to first principles and things l

I dont think the smoke and mirrors is going work any more... Maybe, but it appears me we are seeing the business cycle return to first principles and things like user engagement, user growth, Daily Active Users, etc that were all used to cover up bad business models and non-profitability in the age of free money are over... an IPO that does not have reddit turning an actual profit (not made up API Money in the future but actual revenue generated from actually selling something to actual clients in an actual market) will be a failure.