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submitted 2 years ago by [email protected] to c/[email protected]
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[-] [email protected] 1 points 2 years ago

Reddit has just culled its nerd population.

[-] [email protected] 0 points 2 years ago

@LChitman I'm sure this was intended to get rid of the users that aren't easy to qualify into revenue.

@tchambers @mookman288 @DAVENP0RT @onceitbegins @nude

[-] [email protected] 0 points 2 years ago

Absolutely, I agree. Whether or not it is good or successful, I reckon the owners will consider Reddit more marketable to advertisers in a couple of months. The 'milquetoasting' of Reddit has been going on for a long old time now but I think they're close to their endgame.

[-] [email protected] 0 points 2 years ago

Its pretty wild though that he claimed that reddit isnt profitable right now if they are indeed planning on an IPO in the near future.
I know the world has a short memory, but its a pretty bad claim for a CEO to make who wants to sell off the platform

[-] [email protected] 1 points 2 years ago* (last edited 2 years ago)

Especially as the platform is actively losing members. Even if you bank on maintaining a large enough number, you've admitted the company wasn't profitable even before it's challenges. What chance is there of profitability this late into the game, if that's the case!?

this post was submitted on 12 Jun 2023
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