Why Reddit is ‘walking a tightrope’ with its IPO - eviltoast
    • Corroded@leminal.spaceEnglish
      44·
      8 months ago

      Probably when they do something drastic like ban NSFW content or require age verification. Even then something will need to replace Reddit like Reddit replaced Digg. I am not sure if it will be Lemmy necessarily even though it’s probably the smoothest transition.

      • Maalus@lemmy.world
        206·
        8 months ago

        It’s not a smooth transition. Lemmy has huge downsides that are played down each time someone says something. It doesn’t have a large developer base. The UI is confusing and moderators of certain communities are powertripping. Certain instances need to be instantly blocked for best user experience. Most people won’t care enough to ‘give it a chance’, they are on reddit to kill 15 minutes of boredom, not to setup their experience in a confusing way.

        • Stern@lemmy.world
          212·
          8 months ago

          Of those

          Small dev base

          Fair but not a huge issue (until it is ofc)

          Confusing UI

          new reddit lol. Also most folks are on apps.

          Powertripping mods

          redditors are used to that.

          Shitty communities

          redditors are used to that.

          The big lemmy issue is that it isnt active enough to bring people who would make it active enough to bring more people and start the upward momentum of activity.

          • el_bhm@lemm.ee
            71·
            8 months ago

            One of the lemmy devs thinks Rust is easy because he powered through it to a working code.
            Aint no senior dev gonna work with this.

          • Maalus@lemmy.world
            67·
            8 months ago

            See how I mentioned that issues are being played down every time people mention them? Yeah.

            • umbrella@lemmy.ml
              21·
              8 months ago

              maybe they are being played down because they really are small issues

              • Maalus@lemmy.world
                32·
                8 months ago

                They are absolutely not small issues. They are issues that drive users away all the time. Why do you think so many people left when all the api stuff happened? Huge peak of users, then it all went away in four months. Because Lemmy has issues, toxic communities that are extremely visible.

        • haui@lemmy.giftedmc.com
          5·
          8 months ago

          I mean, you’re not wrong. There is a huge disconnect between „lemmy works great for what it is“ and „lemmy works for the mainstream“. The first one I wholeheartedly agree with but the second is nowhere near and might never be. But I dont think thats a bad thing either. I donated the largest sum I ever donated to the lemmy devs recently to put money where my mouth is but I have no illusions that other fedi places might surpass it. So be it, I say. Have a good one.

  • irotsoma@lemmy.worldEnglish
    81·
    8 months ago

    The Reddit IPO is about one thing only, executive pay day. They are trying to get the price as high as possible and get stock into the hands of as many people who actually would like to see Reddit succeed as possible (regular employees, mods, users, etc.). You can’t short a stock of no one is holding on to it and you can’t sell if no one is buying. No knowledgeable person would expect the stock not to plummet after it is tradable. So they’re trying to pad out the numbers with as many of the few remaining loyal Redditors as possible.