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> But I grew up in a 2008 that was unlike anything on display here. Reddit in 2008 had open groups for sharing ("legal") sexually suggestive photos of underage
by P_I_Staker 3y ago
> But I grew up in a 2008 that was unlike anything on display here.
Reddit in 2008 had open groups for sharing ("legal") sexually suggestive photos of underage girls. ie. they had like swimsuits and stuff on. Reddit has never been about morality.
At this point, they haven't been very successful financially and at acquiring power. Nobody cares what reddit wants... they're nobodys on the tech / business scene.
Now they're looking at all these financially successful and powerful companies and are regretting not selling out earlier. The reddit that people love probably wasn't ever going to be forever. Maybe as a non-profit like wikipedia? What's the point of continuing if you won't even get your "bastion of free speech"?
Reddit was never going to make it much further as a company with no moderation or explicit ethos (other than free exchange of ideas), with minimal advertisement and monetization. These changes have been executed poorly, but they needed to act quickly. Basically, they're trying to put the genie back into the bottle, not be "the cool" social media company, and keep things afloat.
As upset as we may be have they really failed? Have they done anything to substantially lower their standing as a company. They haven't lost users, the growth numbers don't look bad to me, especially compared to some of the better recent years.
What they haven't done is turned that into money or status. Tons of businesses are successful with the "be a dick and hope they don't care strategy". People generally don't like big sacrifice. A monthly charge isn't practical, nor would it be welcomed either. They need to be in full control of the eyes and start monetizing.