this post was submitted on 16 Jul 2023
1398 points (98.7% liked)
Technology
59299 readers
4561 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That just seems so crazy as they ramp up to an IPO. Yes, let's alienate users. reduce our overall active users, and throw hissy fits at our mods who are volunteers without whom, this site cannot operate. That should establish confidence in the marketplace. I just don't understand the thinking here.
People will say 'enshittification', well okay, but even on paper, all their moves have been so bad lately, and they don't seem to care. It's weird. Seems to me for example a platform with 100 users and 40% monetization is inherently more valuable than a platform with 40 users and 100% monetization. That's just my stupid opinion though.
It is because they have sheer numbers and that is what they are selling. Probably trying to get conversion ratios high to try and attract investors.