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.
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.
Reddit has very weak leadership in my opinion.
I wouldn’t be betting on them, especially when their user base is going to want them to stand up for them and the Elon fiasco shows Spez won’t.
It’s a tinderbox before the next large Reddit protest happens again and more niche communities splinter off to the fediverse.
Reddit is the Titanic, leadership is the iceberg, and the fediverse is the welcoming ocean.
I think fediverse being the ocean is apt.
We’re just here, with wave after wave eroding the shore of the island that is Reddit.
Would lemmyy be brittania,
I think I linked to it before here months ago but Reddit won’t let mods go dark without prior authorization. The mods basically gave up any means of meaningful protest outside of leaving by capitulating during the API revolt.
The mods that didn’t capitulate were forcibly removed
Powermods also control dozens of subs each.