• zekiz@kbin.social
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    1 year ago

    They really don’t. Yes. They did lose users and money in the last week but I doubt it will have any significant influence in the future. In half a year they’re back to normal

    • AttackBunny@kbin.social
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      1 year ago

      Two things. One, you have to consider that the 3rd party apps haven’t gone away yet. That will be a big deal. And more important, two, if you were a potential investor, you would be seriously considering what’s going on, before investing. Advertisers are already reconsidering. That’s a big deal, for an investor, since that’s a major revenue generation for the Reddit.

      Then factor in all the bad publicity (contrary to the popular saying not all publicity is good). Shockingly, the majority of the articles I’ve seen, and the other press about it haven’t been even remotely flattering to spez.

    • McBinary@kbin.social
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      1 year ago

      @zekiz the most significant impact will happen at the end of the month when the 3rd party tools that have been running the place quit working.

      • Kichae@kbin.social
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        1 year ago

        Don’t overlook what having an active alternative can do, too. If Reddit is the only place that is Reddit-like, and active, and well known, then it’s really hard to leave.

        But multiple alternatives just had their profiles raised, and their activity levels skyrocket. If enough people stay on these alternative platforms, then it becomes easier for people to leave later.

        There are two ways to increase evaporation: You can turn up the heat, which Reddit is doing itself right now, and you can reduce atmospheric pressure. This is what we’re doing by being active and engaging somewhere else.

    • cassetti@kbin.social
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      1 year ago

      They’ve lost their reputation. Their actions over the past few weeks have soured at least a portion of their most die-hard users who generate the content for the site.

      I myself was an avid user visiting daily and contributing/helping newbies multiple times a day answering the same questions and guiding them in the right direction. That all stopped - I haven’t been on the site since the blackout started. I even blocked reddit at the router level so I don’t accidentally visit the site.

      I’ve since found two other social media platforms (kbin social and squabbles) to scratch my itch for social interactions. I won’t miss reddit - it’s not the old reddit it used to be a decade ago.

      Maybe when the dust settles I’ll return to lurk reddit and laugh at the sh!t show it’s become, but I won’t return in the capacity I did before

      • Madison_rogue@kbin.social
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        1 year ago

        Yeah, this is not the same Reddit from 11 years ago when I joined. I have been lurking, however I haven’t posted anything since the blackout. As I started scrubbing my history today, I realized my cake day is on the 26th of June. I plan on quitting then.

        So long, thanks for all the fish.