this post was submitted on 09 Jun 2023
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I'm gonna stay on my 3rd party app until the June 30 midnight close.. I want to try and witness one of the biggest tech crashes in modern history.
I really think reddit hubris has massively underestimated the user loss they're about to feel.
FUCK Em'!... (╯°□°）╯︵ ┻━┻
You overestimate how many people use third-party apps. They are the (very) vocal minority. They may represent a majority of the content submitted, but there's an arbitrary number of web users who don't have an account (hi) in addition to all the casual users who just use the app.
You are not wrong, but Reddit will never be the same. This whole IPO business is effectively the death of Reddit as we know it, to be replaced with a mediocre TikTok clone. It takes strong leadership among execs and ownership for profit-driven corporation to stay the course and remain successful.
Reddit has neither. Just a legacy and incumbency.
I think the key thing that will screw them is violating the trust of the volunteer moderator force that basically makes reddit what it is. I don't think reddit appreciates how much of their business relies on a completely volunteer, unpaid workforce.
If the mods decide to quit en masse and and either stop moderating or turn subreddits private on their way out then reddit is done for.