If you're waiting for spez to admit how wrong he was and blah blah, don't. All he cares about is his payday when the site goes public. He'll never admit his decision was wrong because he'll get booted as CEO
Their valuation went from 15bil to 5bil and I fully expect it will be halved again before they, if ever, actually IPO. Reddit already wasn't worth what Spez thought it was and this whole situation is just showing investors it's worth even less if the user base can revolt in the way that it has.
I disagree with this a little bit. Reddit as a whole had huge value from its content by the users, otherwise it wouldn't be found at the top of Google searches, used for AI training, and have investors and advertisers interested in the traffic. It had a lot of crap too over time, and the bot and other infiltration didn't help things. Was it worth 15b, I don't know, but the simple act of blacking out even a few major subs certainly did make some ripples for having small value.
That is why when Apollo stopped working, I logged in one last time to grab all my “content”, edit everything to say “this content has been deleted by the user in protest for Reddit’s API price changes.” Then deleted everything and left.
Just one user but it was content I created so I get to bring it with me.
Any way, Hi everyone and thank you for this cool place!
I don't expect anything positive to come out of Reddit after the direction they chose to go. Spez has proven who he is and what's important to him and that won't change. I was just curious as to what effect no 3rd party apps was having on the user experience, since they kept saying it's only 10% and that they didn't care and wouldn't be noticed.
It can take a long time for a giant to fall.
Some modifications to modmail broke toolbox and the toolbox creators have (mostly) checked out. So that's fun.
Do you also ask your friends how the girlfriend you just broke up with is doing without you?
Just forget about Reddit and move on, who gives a shit?
You better tell the mods to delete a good portion of the posts and this entire magazine then... I think it's perfectly normal question to ask and be curious about, if you don't want to hear about Reddit maybe don't sub to this magazine and contribute to the conversation about it?
Actually, yeah, I have asked my friends how the girlfriend who dumped me is doing. Caring isn't something you can click on and off like a light switch.
Thanks, you said it better than I could.
@Bendersmember Content generation has slowed and from what I can tell, comment participation is way down. Right now, after going through and subscribing to a number of magazines, my kbin feed is more useful and active than reddit ever was, although the audience is clearly smaller (but seriously growing since last week). The quality of the content is better, and it's much easier to filter out the shitposting.
The clearest place to see content drought this is in /r/all - the top posts are all 3 - 15 hours old. Before the blackout, it would refresh in a matter of minutes, not hours.
That's kinda what I figured, didn't expect it to be a ghost town, so that makes sense.
I could tell by the loud users declaring that Reddit is gonna be better and everyone else were just whiners that content would slow down quite a bit. Didn't get a vibe of those types putting out engaging content haha.
One thing I'd point out is that it's a holiday weekend in the US, one of the traditional weekends for going out and doing stuff with family or friends. So some of the slowdown may be related to that.
That is true but I would like to point out that lemmy.world just grew by 40% in the last 12 hours.
These growth rates for reddit alternatives are insane. I love it.
who else is impressed about the general stability of all the services?
I was totally expecting everything to be down half the time due to sudden unexpected skyrocket demand over past few weeks. But it has been 98% good. About the same as reddit.
I would agree if 1/4 of the country wasn't covered in a fog equivalent to smoking a pack of cigarettes while another 1/4 is getting 115F temps. We had to wear masks a couple days ago... outside. When the 80 year old weatherman-for-life on the news says he's never seen anything like this, you know it's bad. I wasn't paying attention to the weather and was confused a week ago when I went outside and everything smelled like a delightful campfire but there was no visible smoke.
And folks aren't at the stores. I had to grab a few 4th of July things today and went to Costco and Target. I was 1 of maybe 10 people in both. On a normal Saturday, even during rainstorms and blizzards, there are usually 15-20 minute lines at checkout with all registers open. I walked right up to the register and only half were open.
So people are either traveling or stuck inside, both prime mobile Reddit conditions.
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