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I don't understand how it's a losing battle. A small number will quit and the rest six months from now will be on a shittier version of the site, like Twitter u
by add-sub-mul-div 3y ago
I don't understand how it's a losing battle. A small number will quit and the rest six months from now will be on a shittier version of the site, like Twitter users now compared to last year. Reddit and Twitter will take as long to die as Delta or Wells Fargo or Facebook. Many better challenging products will die because they don't have a network effect.
- _zzaw 3y agoPut it this way: would you buy stock in a gas station where the owner was getting the gas for free from his friends, and now his friends hate him and aren't giving him free gas anymore? Now imagine that this station is located on a busy intersection surrounded by multiple other stations. Reddit is just a dumb pipe; its only real value came from its users. Management doubling down on its increasingly undisguised hostility towards those users doesn't scream "growth" to me.
- add-sub-mul-div 3y agoI don't doubt that Reddit will stagnate, just that it will lose. The rules have changed. Reddit and Twitter know they're too big to be disrupted, and surviving open hostility to their users opens a Pandora's box that we all have to live with now.