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this post was submitted on 27 Jun 2023
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Reddit shat on their content creators and organisers. What did they expect? Reddit could and should be profitable, the fact it's not shows what a total shitshow it is. Spez clearly lost the poop challenge.
I can't stop laughing at the idea of Spez trying the poop challenge. (And failing it every five minutes.)
I'm pleasantly surprised though that the content quality is dropping really fast. I seriously wish for a failed IPO - Reddit is lost either way, but a failed IPO means that other businesses will think twice before doing the same.
Is there a way we can create a failed IPO?
Raising distrust among investors on the platform's ability to generate profits. Making it look like a risky but not profitable investment. Making it look like "if you invest your money here, consider it gone".
In large part, the protests, exodus, content deletion, spam/botting, and spez himself are doing this. We just need to do it harder.
I said it from the beginning -- the prolific content posters, the ones in it for the lulz and the community, will be the first to exit when you take away their mobile apps and such.
They broke our toys.