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according to their S-1, usage did not drop. https://www.sec.gov/Archives/edgar/data/1713445/000162828024006294/reddits-1q423.htm https://www.sec.gov/Archives/e
by jahlove 3y ago
according to their S-1, usage did not drop.
https://www.sec.gov/Archives/edgar/data/1713445/000162828024006294/reddits-1q423.htm https://www.sec.gov/Archives/edgar/data/1713445/000162828024...
- Scoundreller 3y agoDid growth rate take a pause?
- pleasantpeasant 3y agoNot sure but there seems to be a lot more bots on reddit. Entire threads with hundreds of comments from bots are all around reddit.
- jonchurch_ 3y agoI can't dispute this, but since you shared an anectdote I will also. I haven't seen this in any of the communities I visit personally. Do you mean bot accounts which are passing themselves off as real people and karma farming? Or bots that self identify as such to fill a legit need? not out to defend reddit here, it also feels to be going donwhill to me, but this is not something I've personally experienced on the site yet
- cdelsolar 3y ago"everything i don't like is a bot"
- the_doctah 3y agoHow else do you explain people who still post on /r/politics or /r/whitepeopletwitter?
- satvikpendem 3y agoThere are lots of terminally online people on the Internet.
- covercash 3y agoI wouldn’t put it past them to ramp up the bot activity as real users bailed so their S-1 would look somewhat okay…
- JumpCrisscross 3y agoThat’s the go to jail kind of securities fraud.
- seanw444 3y agoAnd there are people who go to jail for fraud. Let's not forget about the whole CEO editing comments fiasco.
- the_doctah 3y agoCEO editing comments has what to do with fraud?
- seanw444 3y agoIf he can't handle arguments without modifying the history in his favor, it's not completely unlikely that he'd also modify the stats of his business in his favor too. Parent commenter implied that since it was a "go to jail" kind of a offense, it's not likely. Maybe less likely, but his past behaviour shows that he does do suspicious things. A whole paragraph for something I figured didn't need expounding.
- pas 3y agothe usual M.O. is to spend a lot on growth campaigns, and then they can claim that there's growth! how did the user acquisition cost change over time?
- rybosworld 3y agoIf you think any major social media site is not willfully ignoring some percentage of the bots, I've got a bridge to sell you. And it's much easier to hide this problem on a site where the users are anonymous. Reddit wouldn't be the first company to juice the numbers before an IPO. They've also admitted to taking advantage of fake accounts in the past: https://www.themarysue.com/reddit-fake-account-origins/ https://www.themarysue.com/reddit-fake-account-origins/
- deleted 3y ago[deleted]
- satvikpendem 3y agoIndeed, like it or not, the people who complained are the power users, a very vocal minority who still use old.reddit. Normal people don't give a shit about any of the controversy.
- hbn 3y agoThey lost all their users that provided value for reddit as a platform. Reddit will surely continue to flourish as a way to show ads to children and astroturf Google search results for product reviews. But I've noticed a ginormous drop in posting quality since they neutered their API. Even small subreddits that were fairly active are now filled with spam and engagement farming, moderators aren't interested in cleaning anything up because their app to do so is trash, users don't want to post because the subreddit is shit up with garbage. It's gotten bad.
- satvikpendem 3y agoAny examples of such subreddits? For the ones I visit, like askhistorians, programming, etc, it's been business as usual.
- russellendicott 3y agoThat's because askhistorians only let's other historians ask questions. I've tried asking some serious questions there before and I always got immediately deleted. IIRC it was always something about how the quality of my question was beneath them.
- satvikpendem 3y agoThat's definitely not true, most questions on there are from amateurs. If your questions keep getting deleted, there is something wrong with how you are asking your questions, perhaps they are too broad to be unanswerable.
- hbn 3y agoRecent example I've noticed, /r/patientgamers has had repeated posts in my feed that are the exact same copy of "no matter how many times I try, I just can't get into <GAME NAME>" I didn't used to see these copy pasted posts regularly at the top of subreddits but it happens frequently now.