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[–] 221 points 2 years ago* (last edited 2 years ago) (2 children)

Fuck Reddit. Scumbags.

RIP Aaron.

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  • [–] 159 points 2 years ago (5 children)

    When can we start shorting the stock? /s

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  • [–] 95 points 2 years ago (2 children)

    If you really want to sabotage, just upload lots of videos to subreddits that you can't advertise on.

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  • [–] 83 points 2 years ago (10 children)

    so use Reddit for exclusively porn? way ahead of you

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  • [–] 92 points 2 years ago (2 children)

    Im betting porn only has a year or 2 left on reddit. They already been slowly purging for years. Got to keep the advertisers happy.

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  • [–] 57 points 2 years ago (10 children)

    There was some other social media site that banned porn a few years ago, I think it was Tumblr? I wonder how that worked out for them.

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  • [–] 40 points 2 years ago* (15 children)

    Hmmm, let's see.


    • Failing company rooted in a more traditional framework they're trying to break out of

    • Said company has no idea what they're doing and keep doing ridiculous things to "break out of" traditional framework

    • Keeps doing things no user/customer asked for

    • Said company has no real effective long-term game-plan and keeps changing tack because of bad previous choices

    • There's a good chance the company could go completely bust because of lack of good business plan and solid leadership


    Redditors: Reddit is the new GameStop!! DRS!! MOASS!!!

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  • [–] 35 points 2 years ago (1 child)

    Keeps doing things no user/customer asked for

    I'm pretty sure the advertisers - their real customers - asked them to show more ads.

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  • [–] 33 points 2 years ago (2 children)

    Huffman is ostensibly following Elon Musk's lead, and last I checked, Musk had pretty effectively chased away a massive amount of what one might call "rational" advertisers. Reddit is absolutely following a similar path, and soon enough there will be advertisers who no longer want to be associated with a toxic brand.

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    [–] 138 points 2 years ago (5 children)

    Well we have 6 weeks to prepare for the next mass exodus lads and lassies

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    [–] 114 points 2 years ago (2 children)

    Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian, Reddit became best known for its niche discussion groups and its users voting "up" or "down" on the content posted by other members.

    I appreciate this extremely sly shade at Steve Huffman.

    He's not an entreprenuer because he didn't do dick between leaving Reddit and coming back to Reddit whereas Ohanian had a few other companies in his back pocket.

    I mean, Ohanian sucks, too, but this sentence is just Reuters kicking dirt in Steve Huffman's smarmy little bitch face and I'm fucking here for it.

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  • [+] 124 points 2 years ago (4 children)
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  • [–] 42 points 2 years ago (2 children)

    And Huffman’s programming skills weren’t even that great because they quickly brought in Aaron Schwartz to make it all work, yet they always conveniently leave him off of the founders’ list.

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  • [–] 32 points 2 years ago (2 children)

    This is literally the story of almost every successful tech venture. Even in the company I work for, the CEO was a former salesperson while the dev who started it all was still a dev after 20 years. He singlehandedly created the entire product catalog but no one outside of the company knows his name. The CEO's name is all over everything, including a "book" he "wrote".

    There's always a low profile nerd somewhere in the background who is absolutely key to the whole operation but they rarely get cred.

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  • [–] 100 points 2 years ago (12 children)

    Oh good, some breathing room to finish Voyager's new onboarding flow

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    [–] 86 points 2 years ago (2 children)

    Goodness I hope the gamestop nerds find a way to absolutely destroy this. If there is any chance of a scheme working, I will invest.

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    [–] 84 points 2 years ago (1 child)

    Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian, Reddit became best known for its niche discussion groups and its users voting "up" or "down" on the content posted by other members.

    Disgraceful, disgusting, lying scum. Say his name: Aaron Swartz

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  • [–] 72 points 2 years ago (1 child)

    Seems like a terrible investment, I can’t see what they can possibly do to add value. Everybody who wants to use Reddit is already on it and anything they do to try and milk it will just lose them users.

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  • [–] 25 points 2 years ago* (last edited 2 years ago) (1 child)

    I've had the impression for a long time that Reddit could stand to lose a large part of its users in order to be more profitiable. The nerds getting into long winded "ackchually" "debates" are making the site worse for the meme scrollers and they are also not the type to click on ads. They're not trying to attract more users, they want to maximise revenue from the existing pool. I don't think it's a coincidence Reddit has been slowly moving away from "discussion board" and towards image and short video (like the other three big platforms) because that's where the money's at.

    My prediction is that shortly after the IPO we'll see .old go away, and a further sterilizing of subreddits ability to forge unique identities. The only question I have is how do they expect to attract sufficient moderators, buuuut they haven't had trouble after the API debacle so maybe there are more people willing to provide free labor than I assume!

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  • [–] 68 points 2 years ago

    Cool. That'll be a fun trainwreck to watch.

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  • Ooh, I can finally short!

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  • [–] 55 points 2 years ago (1 child)

    Contrary to many in here, I don't think this will cause another exodus from reddit. those who might be concerned by this have already left or reduced their time on the platform

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  • [–] 44 points 2 years ago (6 children)

    I’d expect another big exodus around then.

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  • [–] 66 points 2 years ago (16 children)

    Yes. Best thing we can do is be ready (from a tech perspective) and welcoming (from a human perspective). They'll come or they won't.

    Compared to summer, Lemmy now has thousands more users, hundreds of active communities (no where near Reddit yet on niche subjects), actual made-on-lemmy content in a bunch of places, and a bunch of apps that mostly have the bugs worked out. It's probably fair more appealing now to join than it was in summer.

    We still have roadblocks: general confusion about federation (the email analogy seems to be working best), difficulty properly explaining how to sign up, a harder time finding communities, and it's impossible to migrate between instances without starting fresh.

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    [–] 39 points 2 years ago (16 children)

    I've never bought options before, but I'm in for 10grand and shorting the shit out of this.

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    [–] 39 points 2 years ago

    I'm curious how they will tank their worth by then, as is tradition.

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  • [–] 34 points 2 years ago

    Wouldn't be surprised to see lemmy activity spike in March. Probably not as big as during the API debacle, but still.

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  • [–] 34 points 2 years ago

    Easiest short of my life.

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  • [–] 25 points 2 years ago (2 children)
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    [–] 21 points 2 years ago

    Buying puts on that bitch on day 1.

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