1230
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 20 Oct 2023
1230 points (98.1% liked)
Technology
58201 readers
3810 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
My theory is that reddit just doesn't make enough money to stay open without external funding, and as they started running out of that they desperately hired anyone they thought could make the company enough money to stay afloat.
And the dumbass ideas we keep seeing from them are the result of that. Anything to get a buck, no matter what it means to the user experience.
I think its about their plan to go public and some hedge fund bros told them if they want a sugar daddy then they have to implement more agressive ads and subscription fees to juice valuation. I hope it massively backfires.