503
if you were wondering how well reddit is doing
(thelemmy.club)
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this post was submitted on 29 Oct 2023
503 points (97.4% liked)
SNOOcalypse - document, discuss, and promote the downfall of Reddit.
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SNOOcalypse is closing down. If you wish to talk about Reddit, check out !reddit@lemm.ee, !reddit@lemmy.world and !RedditMigration@kbin.social.
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Which I don't get, all they have done for months(years really) is make the site less attractive to users, and therefore less attractive to investors. They did all the shitty stuff you do to maintain piece of shit shareholders BEFORE THEY HAD THE SHAREHOLDERS!
They probably have to show revenue
It's like those recent news about netflix rising prices and preventing password share. They don't care about users' experience, or if 10% of the userbase will leave, as long as the revenue increases.