And saw a bunch of posts about the third party apps closing down, and lots of negativity about that whole fiasco.
… And I realized I hadn’t been there for a week… And frankly didn’t miss it. I am really loving the beehaw (and Lemmy as a whole) community. Thanks for being open, welcoming, responsive, engaging, and just generally nice people. I’m happy to be here. :)
You are not wrong, but Reddit will never be the same. This whole IPO business is effectively the death of Reddit as we know it, to be replaced with a mediocre TikTok clone. It takes strong leadership among execs and ownership for profit-driven corporation to stay the course and remain successful.
Reddit has neither. Just a legacy and incumbency.
I think the key thing that will screw them is violating the trust of the volunteer moderator force that basically makes reddit what it is. I don’t think reddit appreciates how much of their business relies on a completely volunteer, unpaid workforce.
If the mods decide to quit en masse and and either stop moderating or turn subreddits private on their way out then reddit is done for.