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[-] zipzoopaboop@lemmynsfw.com 6 points 3 months ago

Fyi Reddit is one of the few recent tech IPOs that increased in value

[-] Sauerkraut@discuss.tchncs.de 4 points 3 months ago

I hope that won't last for long. I made a joke that Reddit was circling the drain with how hateful and political every subreddit was becoming and then they permanently banned all of my accounts. 10 years on reddit, 10 years of putting effort into my posts and comments with over 250k total karma and I was banned for a half serious joke. My appeal was instantly denied as well. It was unreal. After the API changes that was the final straw for me. Fuck Reddit. I was joking before but now I really am hoping that the company sinks.

[-] YeetPics@mander.xyz 3 points 3 months ago

Could it be because the owners are milking it until it's dead?

[-] Buddahriffic@lemmy.world 3 points 3 months ago

I don't think the "investment" in Reddit is the usual "invest in company because it will make money directly", but "use wall st money to give stronger incentives about controlling the narrative than ad revenue was previously able to give".

I bet employees have to agree to a hefty NDA to remain employed there. I hope someone breaks that NDA at some point.

[-] lath@lemmy.world 6 points 3 months ago

He's rich and giggling. Quite likely does not give a shit.

[-] Mwa@thelemmy.club 6 points 3 months ago

I remember i almost bought reddit premium

[-] Buddahriffic@lemmy.world 4 points 3 months ago

I was awarded Reddit gold a few times. The private subreddit it gave access to was underwhelming. There were also mixed feelings about someone liking my comment so much that they gave Reddit money for it. I'm sure there were better ways to spend that money that also wouldn't have affected me much. I generally prefer relies anyways.

[-] Mwa@thelemmy.club 2 points 3 months ago

I generally prefer relies anyways.

Same thought i was the only one

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[-] fmstrat@lemmy.nowsci.com 5 points 3 months ago

I'll say this here, too: Based on the phrasing, this is probably competition for Patreon, not for current styled subreddits.

[-] runner_g@lemmy.blahaj.zone 6 points 3 months ago

And OnlyFans

[-] nexussapphire@lemm.ee 4 points 3 months ago

I mean openai already has.😄

[-] NastyNative@mander.xyz 3 points 3 months ago
[-] TotalCasual@lemmy.world 3 points 3 months ago

Reddit is dying. Spez is a degenerate freak, a scam artist, and a Nazi. The OpenAI training platform / propaganda website begins to circle the drain. Microsoft is starting to lose the last iota of goodwill they once had.

Nothing about Reddit looks good into the future and no one, with serious cash, is going to invest in a dying platform run by a scam artist, a freak, and a Nazi.

The questions now are, "How long?" and "What's next?"

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[-] Cbright09@lemmy.world 2 points 3 months ago

I'm Just hoping that more sub reddits move over I know a few have that I use thought (which are dead) it was during the time spez pull this bs just seems like every company lately has gotten more greedy with their product

[-] probableprotogen@lemmy.dbzer0.com 2 points 3 months ago

I absolutely would download a subreddit thank you very much

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this post was submitted on 08 Aug 2024
946 points (98.9% liked)

A Boring Dystopia

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