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Reddit has definitely had noticeable changes over the past 5+ years as they’ve gone through further VC rounds of funding that demand more ROI-centric changes.
by siruncledrew 5y ago
Reddit has definitely had noticeable changes over the past 5+ years as they’ve gone through further VC rounds of funding that demand more ROI-centric changes.
I can’t imagine the ways it will change as a public company once numbers are public to scrutiny and the shareholder makeup shifts.
It seems the intrinsic problem with platforms like Reddit (at least from what’s been witnessed over the last 8 years) is that they will inevitably “hit a wall” in a way that will become incompatible with shareholder interests.
By that I mean at some point that hockey-stick growth is going to inevitably taper off and reach terminal velocity before declining as the platform reaches unsustainability. Then, Reddit is going to have to throw shit at the wall and hope something sticks to please investors, or grow by acquisition, which is like a Tylenol level solution. I just don’t see how an advertising and virtual badges driven social platform is ever going to be compatible with the expectations of running a public company to produce returns like in some other industry or sector.
- colordrops 5y agoGood, reddit is a stagnant control-freak dinosaur that has monopolized forums and needs to be disrupted.