I'm still missing a lot of the niche communities that haven't cropped up here yet, but this instance and the USS Hood discord have been a diverting replacement.
By the 57th Rule of Acquisition, "Good customers are as rare as latinum. Treasure them," Reddit is being a bad Ferengi.
I nuked a 15yr and 14yr old account on reddit. Just one more to go and today is the day.
Congrats, It's a new day! Just nuked my reddit yesterday, leaving no content to be profited from. It's strange how stagnant and unflexible reddit had become over the last years.
Check back up on it though. Saw a video where someone nuked account/comments and reddit un-deleted everything. Even if misleading, wouldn't hurt to confirm account is dead in a bit.
no creators = no content = no faces to put ads in front of
edit: the restore feature is neat btw!
I'm sure ChatGPT can keep filling r/AITA threads. At least half of them were made up already anyway.
"AITA for making up legal precedent which got some lawyer in trouble?"
There is so many situations where big business just wins, I’m so glad to witness a possible situation where the community wins (even if it’s short lived)
To even think people subscribed to reddit premium to help the still private company and it's devs.
So far, there are some user-scripts or extensions to customize Lemmy like old.reddit.com or according to your needs. At the moment, I am using Lemmy_monkey. There is a community called "Lemmy Plugins & Userscripts" covering everything you need
Even if currency were their currency...
https://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/
[Fidelity Blue Chip Growth Fund] has further slashed the estimated worth of its holding in the social platform Reddit... [it] valued its holdings in Reddit at $15.4 million as of May 31... That’s down 7.36% from the $16.6 million mark at April’s closure and altogether a slide of 45.4% since its investment in August 2021. The updated share value suggests a $5.5 billion valuation for Reddit.
Very interesting. It doesn't seem to be that big of a downturn in the total valuation, but it's continuing several small downward trends for the platform. Close to 10% down isn't breaking the bank, but Investors always just count engagement numbers (for ad monetization). So it's not even factoring in the loss of content and free manpower / creators yet. Those will hurt the bottom line in the long run.
It's close to 50% down in 1 year. That's a huge valuation cut. Wait til they realise they lost many of the power users who were actually giving the website content. It's all downhill from here.
Turns out one of the users they alienated was Morn. He was their best customer. And his stomach was full of latinum.
no kidding. been using this for a few weeks, and seen a noticeable increase in aggressive users the past few days who just scream, harass, and name-call at people they disagree with.
can't wait for the reddit idiots to flood lemmy instances with their hate and stupidity.
This is my second week using kbin, and the magazine RedditMigration, while initially seemed to be a more welcoming place, has started to turn more vindictive towards Reddit. It's a large community with over 10k users...already.
I get it, people are upset, however it's time that people understand that Reddit isn't going to change, and that former users are just going to have to kind of get over it. Cut the losses and build a community over Fediverse. To me it seems fairly simple, but I know a lot of Reddit Refugees have put a lot more time and effort into the site over the years than me.