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This has been fun to watch. Reddits been working to deteriorate its quality for a long time. The major disappointment is that they aren't a publicly traded comp
by RosanaAnaDana 3y ago
This has been fun to watch. Reddits been working to deteriorate its quality for a long time. The major disappointment is that they aren't a publicly traded company so there is no way to make money on their downfall.
- super256 3y agoI thought the whole idea of locking down the API, heavily promoting reddit awards + avatars and pushing of the official app is done to have growth and a better valuation when they go public?
- RosanaAnaDana 3y agoYou can have/ believe anything you like. If you think those things increase their value, and want them to go public, I want them to go public too. I just don't agree/ have the same thesis about their value and where it is derived that you do.
- super256 3y ago> If you think those things increase their value I do! But just the paper value. The maximum value for humanity would be if they would've just kept going like a few years ago, I guess? But I can understand if investors want ROI.
- Eji1700 3y agoI mean, everyone had similar views about twitter and it's still kicking around just fine.
- _zn02 3y agoFor some value of "just fine" https://www.businessinsider.com/leaked-twitter-documents-ad-revenue-down-elon-musk-denials-report-2023-6 https://www.businessinsider.com/leaked-twitter-documents-ad-... Not that it's worth much but I recently deleted my Twitter account (and then a few weeks later, also, my Reddit account)
- bmelton 3y agoWorth noting that CPM revenues on Facebook are down about 53% in that same timeframe, so it is possible that "most advertisers have returned" and that "Twitter ad revenues are down 59%" are both true statements.
- Eji1700 3y agoI mean personally I have almost never used twitter and I wish it'd burn to the ground just on the principle that it creates trash content and arguments by design. Still, for all the fire and brimstone predicted (and I was one of them) it's running, and probably capable of running at a loss for quite some time.
- juuular 3y agoNot quite 'just fine', lol
- liotier 3y agoSort of.
- RosanaAnaDana 3y agoIf Elon had kept the company public, any one with two neurons able to fire would have been shorting it and would have cleaned up. With his leadership and decision making, Twitter would have gone to 0 by now.
- slig 3y ago>With his leadership and decision making He has other companies that you can short if you truly believe this.
- skinnymuch 3y agoThis is specifically related to Twitter and Elon. Not just Elon.
- Root_Denied 3y agoOnly one I can think of is Tesla that's public, and it certainly has its own issues. SpaceX is private (and Shotwell seems to be running it just fine), Twitter is private, Musk is no longer involved with Paypal, Boring Co. is private... am I missing anything?
- rootusrootus 3y agoThere have definitely been some people making money on TSLA's decline. They had to wait a while, sure.
- Eji1700 3y agoThe short argument is so silly. Plenty of people were 100% right about what was coming in 08. 99% of them would've gone broke shorting it. Knowing it's fucked it's the same as knowing WHEN it will fall and having the money to hang in there while you get ripped apart as everyone pretends otherwise.
- super256 3y agoLooking at the most recent cases of Doge, Twitter and Tesla a while ago, I'd say that Musk is skilled in accumulating goodwill and capital. Honestly, I think going public again with Twitter could be a smart thing. Not now, but later when more ppl dropped their grudge. Retails would probably be more inclined to buy Twitter stock rather than banks. There are also rumours that Twitter will be cash flow positive by the end of the year.
- Nowado 3y agoLet bluesky open. Digg was doing fine until it was gone within a week.
- 2pEXgD0fZ5cF 3y agoThe reddit redesign is still a marvel of technology, in a negative way. I can not comprehend how it is even possible to make a piece of software, be it online or offline, that mainly just has to display text (and the occasional video, thumbnail or image), so incredibly slow and bug ridden. It's truly baffling. The editor for comments is buggy, regularly posts comments twice, can't handle copy/paste properly, "there was a problem" and "you broke reddit" error messages on refresh are a common occurence, and just opening a thread takes more than 5 seconds on average. The video player does not work most of the time. Then I saw the official reddit app, and it manages to be low quality in all kinds of places the website redesign managed to miss. Being on the mobile web version constantly nags you to download the official reddit app, and the nagging popup causes the position you were in the comments to be reset, for extra annoyance. Without old.reddit or 3rd party clients I find Reddit unusable.
- weaksauce 3y agoi'm baffled too. it's so slow and unusable in almost every way. old reddit is so much snapier and usable. It feels like reddit devs are "innovating" to justify their salaries imo.
- goda90 3y agoI was checking the schedule for a local event. The website was designed so that the schedule items would appear as you scrolled. On desktop there were photos and stuff alongside it, but on mobile it was literally just text with some styling. The performance was sad for such a simple website. All jittery. If it had been plain text, CSS and images, it would've loaded and rendered just fine.
- balaji1 3y agoExcept for reading thru some shared Reddit posts or Google search results, I find Reddit very unintuitive. Maybe Reddit never put in many dopamine triggers like other social media (but Twitter is more than dopamine hooks). And maybe they didn't monetize hard also. These days, building community is better in other tools now: eg. WhatsApp works (shrug). Knowledge-share type discussions is better even in google groups tbh. Maybe Reddit is a good place to vent haha?