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Too many sales. Too many dollars handed out today for expected value in the future. The trouble is people showed up for what Reddit was. Let us call that the
by ddingus 3y ago
Too many sales. Too many dollars handed out today for expected value in the future.
The trouble is people showed up for what Reddit was. Let us call that the Aaron Reddit. That Reddit was sustainable and could be expressed as by users for users.
That vision picked up a ton of users who love threaded, frank, unfettered discussion. It was never going to make millions, but it would have endured for a very long time.
All that changed upon each sale. And this last one is brutal, leaving current owners holding the bag.
These changes to crank out big returns are toxic to a very high percentage of users. And they are where the content comes from too.
Someone else is going to reproduce the original Reddit vision and when they do, this one will dry up just like Digg did.
- toomuchtodo 3y agoGentle parallels to Ready Player One. Edit: “Oasis” sounds like a fine name for a non profit alternative to what Reddit coalesced.
- ddingus 3y agoIndeed!