this post was submitted on 19 Jun 2023
-3 points (20.0% liked)

SNOOcalypse - document, discuss, and promote the downfall of Reddit.

4672 readers
1 users here now

SNOOcalypse is closing down. If you wish to talk about Reddit, check out [email protected], [email protected] and [email protected].


This community welcomes anyone who wants to see Reddit gone. Nuke the Snoo!

When sharing links, please also share an archived version of the target of your link.

Rules:

  1. Follow lemmy.ml's global rules and code of conduct.
  2. Keep it on-topic.
  3. Don't promote illegal stuff here.
  4. Don't be stupid, noisy, obnoxious or obtuse (S.N.O.O.)
  5. Have fun, and enjoy the popcorn! ๐Ÿฟ

founded 1 year ago
MODERATORS
 

What are people's thoughts on how Reddit is coming out of this so far? How bad have things been for Reddit? Do we know how much their traffic has dropped and would a drip in traffic even hurry them that much. Why don't we see talk of a new blackout at the end of the month?

top 11 comments
sorted by: hot top controversial new old
[โ€“] [email protected] 21 points 1 year ago (1 children)

All I know is I'm reading this in a third party app called jerboa using an account in lemmy. Neither of which I'd even heard of a week ago.

[โ€“] [email protected] 6 points 1 year ago

Same here with both things. But actually I like it for now and really hope many people follow our path.

[โ€“] [email protected] 11 points 1 year ago* (last edited 1 year ago)

Reddit isn't going to televise the fall of Reddit and admins do not allow mentions of the blackout. Even so, most Subreddits are still rebelling or are black, and a lot have just moved away to Kbin, Lemmy and even discord. Reddit is not going put with a bang, but with a whimper. Users that are still there will slowly notice that most moderators and power users are gone, that more bots are present and that the quality is down, and will filter out.

Reddit is already dead. It just happened so fast that nobody got around to tell it.

[โ€“] HobbitFoot 10 points 1 year ago

Reddit has come out worse, because why would I want to invest in Reddit?

[โ€“] [email protected] 8 points 1 year ago

Honestly, at this point, it doesn't matter to me. After ~12 years of Reddit, I was looking for an excuse to leave, and they finally gave me one. Even if the Fediverse is never as popular as Reddit, it's already enough that I don't feel the need to go back.

[โ€“] [email protected] 8 points 1 year ago (1 children)

Wait 2 weeks, about 20-30% of reddit users use a third party application, 1 July most of them are going to wake up and find they can't, that's when the shoe will really drop.

[โ€“] [email protected] 4 points 1 year ago (2 children)

I don't think those numbers are accurate at all, so you have any stats to back that up?

[โ€“] HobbitFoot 5 points 1 year ago (1 children)

Third party apps are about 10% of total Android downloads. It is also theorized that the 10% are more likely to be power users than the Reddit average. 20% seems on the upper bounds of what I'd expect.

[โ€“] [email protected] 2 points 1 year ago

We may underestimate the amount of power-users who are really into their ad-free thrid party apps. The vast majority of reddit users more or less just lurk.

[โ€“] [email protected] 1 points 1 year ago

My source is a post I saw on Reddit a few weeks ago but can't find now. I give the reliability of those numbers a 6 out of 10 confidence rating.

[โ€“] [email protected] 6 points 1 year ago* (last edited 1 year ago)

Reddit Inc. itself lost really hard.

For Reddit Inc., the winning conditions are to get share prices up to the roof, so when the IPO happens the current shareholders leave with their pockets full of money. However, everything that is happening shows:

  • That Reddit does not have multiple stable sources of income. The only main source of income will still be advertisement money.
  • That advertisement money will run dry, as users are leaving the platform or outright boycotting it.

Both increase the risk and decrease the expected profit. Nobody is insane to invest in a company like this.


For the community it depends on your goals.

I count the situation as a big win; alternatives became more viable, Reddit as a platform will become less and less relevant, and the scummy company will lose lots of money.

If however you expected Reddit to play nice with its userbase (e.g. reverting API price changes), then count it as a loss.

load more comments
view more: next โ€บ