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Re:Reddit CEO Steve Huffman: It's time we grow up and behave... by josephg on Thursday June 15, 2023 @06:42PM (#36347778)
Wasn’t reddit profitable a few years ago, until they took on a massive amount of extra VC money and hired more people to make their horrible new website?

Seems like reddit could easily have been run indefinitely as it was at a modest profit and brought happiness to its users, employees and shareholders. But no, they got greedy and have tried to “shoot for the moon”. And now they need to squeeze more money out of their service to please their investors. In doing so, they’re making their product worse. (No, I don’t want to install their shitty official mobile app.)

Ugh. Someone please make a simple, clean reddit replacement that my communities can move to. Reddits actions here have been slimy and I don’t want to support them.

Re:Reddit CEO Steve Huffman: It's time we grow up and behave... by emodendroket on Thursday June 15, 2023 @06:49PM (#36347842)
I don’t think that would have brought happiness to the shareholders but otherwise I guess they could have pursued a low-growth strategy. That does kind of open the door to being leapfrogged, though.
Re:Reddit CEO Steve Huffman: It's time we grow up and behave... by red-iron-pine on Friday June 16, 2023 @12:18PM (#36359187)
leapfrogged by what though? one of the problems right now is that there is no real alternative, and the federated platforms are mostly memes / hangouts for power-users.
Re:Reddit CEO Steve Huffman: It's time we grow up and behave... by emodendroket on Friday June 16, 2023 @05:05PM (#36363858)
Who knows? Myspace seemed unbeatable for a while.