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Reddit valuation cut by 41% since 2021

BonnieMcFarlaneMe2

bonnie obsessed ❤️
Forum Clout
85,493
IMG_2695.png
 
G

guest

Guest
No shit. Someone discovers Reddit for the first time and makes an account, right off the bat there's a ~25% chance it is immediately and permanently shadow banned by their psychotic spam filter. If not, they cannot post in ANY of the major subreddits as they all have minimum age and karma requirements. So just to use their site as a newcomer, you have to create an account, hope you aren't arbitrarily banned right off the bat, then sit on your account for about a month and somehow get people to upvote you past the minimum karma threshold to even use the site. Once you can finally use the site like a normal person after a couple months, all it takes is one unpopular opinion and you are downvoted into oblivion and can no longer participate. Their 100% volunteer moderation team, who do it for free, is comprised of the most stuck-up, narcissistic, God complex-having group of condescending, arrogant pricks. A small number of them have managed to take over all of the major subreddits, and basically control all of Reddit and turn it into an echo chamber.


It's funny because they've been wanting to go public since like 2013 when they hired Ellen Pao as their CEO. They thought they just had a little bit of housekeeping to do in terms of content control, but in reality it fell off a cliff and can never go back. It doesn't help that the actual board of directors and owners are TDS suffering deranged lunatics as well.
 

FranksWirecutters

Glow nigger. Got any of those IPs for me?
Forum Clout
31,428
They're about to kill it more. They're restricting their api to monetize it which will kill off 3rd party apps like reddit is fun. That kicks a lot of people off because the native app is still garbage and RIF was the unofficial official app. They are also talking about restricting/ditching porn which takes another big chunk out.
 

BonnieMcFarlaneMe2

bonnie obsessed ❤️
Forum Clout
85,493
They're about to kill it more. They're restricting their api to monetize it which will kill off 3rd party apps like reddit is fun. That kicks a lot of people off because the native app is still garbage and RIF was the unofficial official app. They are also talking about restricting/ditching porn which takes another big chunk out.
Ditching porn was what sunk Tumblr. They’re really going to have nothing left on Reddit.
 

Dennyislife

Forum Clout
21,646
They're about to kill it more. They're restricting their api to monetize it which will kill off 3rd party apps like reddit is fun. That kicks a lot of people off because the native app is still garbage and RIF was the unofficial official app. They are also talking about restricting/ditching porn which takes another big chunk out.
Yeah I use the Reddit is fun app and browse. Once that's blocked I doubt I will bother
 
Forum Clout
10,888
No shit. Someone discovers Reddit for the first time and makes an account, right off the bat there's a ~25% chance it is immediately and permanently shadow banned by their psychotic spam filter. If not, they cannot post in ANY of the major subreddits as they all have minimum age and karma requirements. So just to use their site as a newcomer, you have to create an account, hope you aren't arbitrarily banned right off the bat, then sit on your account for about a month and somehow get people to upvote you past the minimum karma threshold to even use the site. Once you can finally use the site like a normal person after a couple months, all it takes is one unpopular opinion and you are downvoted into oblivion and can no longer participate. Their 100% volunteer moderation team, who do it for free, is comprised of the most stuck-up, narcissistic, God complex-having group of condescending, arrogant pricks. A small number of them have managed to take over all of the major subreddits, and basically control all of Reddit and turn it into an echo chamber.


It's funny because they've been wanting to go public since like 2013 when they hired Ellen Pao as their CEO. They thought they just had a little bit of housekeeping to do in terms of content control, but in reality it fell off a cliff and can never go back. It doesn't help that the actual board of directors and owners are TDS suffering deranged lunatics as well.
Yeah. I'm not even able to ask r/telegram it's possible to create an account without confirming your phone number. They have like one post a day...but I don't have minimum karma.
 
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