The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

  • db2@lemmy.world
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    13 days ago

    Gee, that’s too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.

  • dparanoidandroid@lemmy.world
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    13 days ago

    Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.

    • bigb@lemmy.world
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      13 days ago

      More or less. There aren’t as many bots, and everyone is generally aware of traditional Internet etiquette (i.e. don’t be an asshole). Lemmy also feels as homogenous as early Reddit: college-educated white people in western countries.

      I started joining forums back in the late nineties and I’ve learned every place on the Internet is in flux. Things always change. Back in the day, stuff would happen like we would lose hosting because someone got sick of running a niche phpBB forum or the moderation team would change. When social media kicked off, changes were driven by money. Facebook was a big gaming platform in my college years (Farmville), which feels completely foreign to today’s Facebook.

      The smaller the community, the more stable it is. Some of those 20-year forums still exist, albeit in a much more diminished state. If a site/platform gets popular, that’s when things can change quickly.

      Lemmy has already changed since I joined and I’m sure it will become something different in the future.

  • flop_leash_973@lemmy.world
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    13 days ago

    Once a company becomes publicly traded it always gets worse. Once the shareholders are closer to the executive compensation packages than the customers/users it is all downhill. It is like clockwork.

    Might take a year, might take 10, but the result is inevitable.

  • ChristmasIslandZone@lemmy.world
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    12 days ago

    Got banned over there a month ago, came here hoping to find something of a Sonic community in the same vein as the one over there (very involved in that fanbase, did a lot of my discussion on reddit), has not materialized yet, not enough fans over here, hopefully that changes at some point. I thought at first that it was the open support of Luigi’s alleged actions that got me banned, I could be ok with that, I get it, supporting violence and whatnot, I broke the rules, and they were sensible rules more or less, but the longer I look at the current happenings over there, the more suspicious I am that it was because his name came up at ALL, multiple times. That’s annoying. That feels less justified.

    Also becoming more and more glad it happened when it did. Lot of overt, fascist appeasing censorship going on over there. Like it’s not even subtle. There’s no ambiguity in it, it’s just “this post criticized or disparaged Musk or Trump in some way. (Removed from Reddit).”

      • ChristmasIslandZone@lemmy.world
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        11 days ago

        !sonic@pawb.social is the biggest one I’ve found but it’s VERY inactive. You’d be better off going to a Sonic forum like the Sonic Stadium message boards, but those are a little less penetrable than something like reddit because EVERYONE there is a huge, dedicated fan, and it can get really strongly opinionated.

  • iridebikes@lemmy.world
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    13 days ago

    I left Reddit today. I’m not looking back. I’m absolutely done with these organizations that bow to fascist whimsy and demands. Pathetic stuff from Steve and the admins at Reddit. I hope their stock tanks and they lose their ass.

    • Ironfist79@lemmy.world
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      13 days ago

      Reddit banned me for saying mean things about Elon and I’m not going back. Good riddance.

      • Coyote_sly@lemmy.world
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        13 days ago

        Same reason I left. Why hang around to get yelled at by bots about “living in a liberal Reddit echo chamber” WHILE the entire site is sucking fascist dick the entire time?

        I remember when I got banned for saying that hey maybe it isn’t hate speech to say that Israel shouldn’t murder children.

        • iridebikes@lemmy.world
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          13 days ago

          Israel has killed more women and children than any other demographic. They have committed a genocide and the US president has called for an intensification and expansion of the genocide. Even going so far as to say he wants to ethnically cleanse Gaza.

  • surph_ninja@lemmy.world
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    12 days ago

    I’m fairly certain they misled investors on their last earnings call. I noticed some banned accounts suddenly had their ban lifted right before the call, and then reapplied right after.

    On the last investor call, they said they had a lot of returning users. This was after their election ban hammers, and prior to the Luigi ban fest.

    Can’t wait to see how they try to spin things on the next one.

  • MithranArkanere@lemmy.world
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    13 days ago

    That idiot CEO is doing idiot CEO things.

    Everyone knows that if he keeps bowing down to Musk’s pressure and enshitificating the platform, people will leave for greener pastures as soon as there’s an enticing alternative like they did with X.

    CEOs surround themselves with the most conceited and naive of all echo chambers.
    They live in an imaginary world in which their backward opinions work better than what has been proven to work time and time again by every research ever done on any subject. They will one day wake up to a blue sky, claim it’s actually pink with green polka dots, and blame “the woke agenda” or some such nonsense when they are obviously proven wrong.

    The closest analogy I’ve ever heard for what modern CEOs have become is “Like a bunch of Naked Emperors jerking each other off while shitting all over everyone below them”. As accurate as disgusting.

  • trotfox@lemmy.world
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    13 days ago

    Reddit was one financial thing I never followed at all when it went public. Simply didn’t care. Don’t know what it even opened at originally.

  • Dearth@lemmy.world
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    13 days ago

    I was offered a chance to buy into reddit’s IPO. I knew it was a bad idea and I’m glad i didn’t

    • Regrettable_incident@lemmy.world
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      13 days ago

      Yeah, they messaged all my accounts asking if I wanted to buy in. I actually considered it for an instant, then thought nah, fuck that.

  • MehBlah@lemmy.world
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    13 days ago

    I started to short them last month. Oh well. I knew all this anti free speech stuff is hurting them. They are only retaining the sycophants and the clueless niche people who never go out of their little bubble.

  • puck@lemmy.world
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    13 days ago

    Does using rdx benefit Reddit at all? I don’t have a Reddit account anymore but I sometimes check it with rdx but I think im ready to cut ties altogether.