this post was submitted on 11 Jun 2023
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“We’ve known for over a decade that people come to Reddit to talk about the products they love – take r/BuyItForLife for example, a community of over 1.5 million redditors who have been sharing recommendations and advice about their lifelong, must-have purchases since 2011. These updates will uplevel the search-and-discover experience for both brands and our users by tapping into our differentiated value as a hub for actionable conversation”

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[–] planish 1 points 1 year ago

How much is the damn thing even worth now? They could have crowdsaled the whole thing to their users no matter how much money it was losing. WallStreetBets loves nothing if not an intrinsically worthless meme stock. But no, they decided to enshittify instead.