this post was submitted on 05 Aug 2023
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Reddit Migration
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### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/
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Really? Reddit retained about 98% of its users and gained full control of the app market. I'd call that a success for them. They got exactly what they wanted.
They solidified the establishment of competing services (kbin, Lemmy). Many of us would've never even considered using them otherwise. It may not have hurt them a ton in the short term, but they've helped set up their competition.
The users aren't the value in reddit, it's the content creators and savvy community members that respond to questions and leave useful content in their own right. Reddit lost a number of those, and those users are forming the nucleus of their demise.
I'd also say the brand reputation has taken a pretty decent hit with their awful handling of the situation. With an upcoming IPO you think they would have handled it carefully but they just seemingly YOLO'd it