Lvxferre@lemmy.mlM to SNOOcalypse - document, discuss, and promote the downfall of Reddit.@lemmy.mlEnglish · 1 year ago
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The title is a bit clickbaity but the article is worth a read. To keep it short:
IMO it was a Pyrrhic victory. Sure, the protests ended, and most users are still stuck in that shithole… but the reputation damage won’t be reversed, Reddit managed to seed its competitors (as this one) with the necessary userbase to make them functional, and odds are that Reddit will keep going in its death spiral. And that doesn’t even take into account the amount of bad press that it generated, that will hurt IPO numbers for sure.
Yes to both. And that means that the mods who stayed are no longer going to trust Reddit Admins.
Also, the IPO is coming, and there will be stupid policies that are meant to drive up the stock price at the expense of the community.
Look forward to more waves of people abandoning Reddit in the future.