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Reddit invites mods to “feedback” conversations with the admins
(www.theverge.com)
SNOOcalypse is closing down. If you wish to talk about Reddit, check out !reddit@lemm.ee, !reddit@lemmy.world and !RedditMigration@kbin.social.
This community welcomes anyone who wants to see Reddit gone. Nuke the Snoo!
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Personally, I don't see it as all that difficult. The platform is an aggregator. They have falsely (naively?) overvalued their product. It's easy to make money by taking care of the community who creates their content, but the key is 'don't be greedy' and they can't help themselves.
The core issue of most US corporations is thst they're chasing impossible long term growth strategies to extract quick money. If they aimed for reasonable growth, people could join the company and plan to retire off their pension. Tech doesn't do that kind of 'old business bullshirt'