this post was submitted on 13 Jun 2023
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What these guys don't realize is the "value" of their website is their users content. They tend to feel like they're the value, that they've done something great. You see this in both Musk and Zuck. They're the heroes of the internet. Except what is Reddit exactly, what is it's value? It is only the users. These guys parade around the knowledge of other people as if it's their own value and want to become rich off it. I'm sick of this Silicon Valley bullshit, honestly. That whole mindset is toxic from start to finish. And we see the finish on all of them: screw over the people who create the content for the next round of VC cash, or IPO.
I hope Lemmy or whatever comes next can resist this culture of "burn it to the ground for the payday".
An old meme but checks out.
The scumbag Steve hat really gives it the age of a fine wine.
They think they are too big to fail and enough users will stick around up voting repost bots that it will be profitable.
That, and also they'll continue running their own bots to upvate the repost bots to make it look like there's lots of engagement right up until the very instant that somebody else is holding the bag.
I wouldn't be surprised if reddit's own employees short the company once it goes public.
They’ll be right. The quality of everything, not the least of which is internet scrolling, that the general public accepts is horrendous.
Somebody else put it best here that Reddit won’t die, it will still be around for all those people. Hopefully the rest of us move on and Reddit becomes “Oh huh? That place is still around?”
For anyone who doubts this, note that Digg still exists.
Sadly, I’m not sure they’re wrong.
Remember secret Santa?
I was talking to my tech kids (programmers for a very well known company) I told them how puzzled I was. The guy that created secret Santa was gung-ho to create a new one the second reddit announced they were closing it down. Then he disappeared.
The kids then explained non-compete and why it's always included with contracts.
Reddit closed secret Santa down but wouldn't let him bring a similar thing back.
Why? What is wrong with them?
PS this is conjecture only I haven't spoken to him as he truly is MIA
Secret Santa was back when Reddit still had a semblance of community, which I realize now means trust. I’d never trust a Reddit secret Santa these days. Heck, I’ve done successful 4chan secret Santas and I’m still not brave enough to want a modern Reddit secret Santa.
Least with a 4chan secret santa I'd know there's an 80% chance of my gift being poop and cum instead of being surprised by it.
I actually ended up getting a really nice and thoughtful gift. (And cookies which I absolutely did not eat.)
Smart!
@setsneedtofeed this is not news! This is ?? You are destroying your "brand" - who wants to subscribe to this?
Mate, why are you posting on random comments complaining about them being news? What are you on about?