this post was submitted on 12 Jun 2023
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Reddit Migration

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### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

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[–] [email protected] 1 points 1 year ago

The IPO is really the only thing that matters to reddit right now. Their entire decision making system is based around how to increase value and profitability as quickly as possible so that the IPO is successful (my guess is that this is in hopes of leaving investors holding the bag.)

Although they don't care to do anything about it, this current behavior is exactly what will make them unstable in the long-term. Having better organization, and a better business acumen, and being better to their community will net better profitability. But none of that matters as long as short-term, the IPO pays for the sins of the past.

[–] [email protected] 0 points 1 year ago (1 children)

An IPO Blackout will be even more damaging to Reddit Inc.

Let's hope it will happens!

[–] [email protected] 0 points 1 year ago

A communications disruption can mean only one thing: devaluation.

[–] [email protected] 0 points 1 year ago (1 children)

There been a suggestion of a monthly blackout until they change course. Imagine if there was a blackout on IPO day.

[–] [email protected] 1 points 1 year ago (1 children)

Why even go back? Kbin was kinda dead a week ago which sucked, but I have no loyalty to Reddit.

[–] [email protected] 1 points 1 year ago (1 children)

It’s going to be hard to get people on board with the fediverse. It’s just not as user friendly. It’ll be a cool niche but it’ll never be a Reddit-size product. Which, maybe that’s totally fine. Maybe we get better conversations here due to that.

[–] [email protected] 0 points 1 year ago (1 children)

Good. I don't want a reddit-size site again.

[–] [email protected] 0 points 1 year ago

This site is a billion times more friendly than reddit. It seemed like most users on reddit were logging in just to argue over everything

[–] [email protected] 0 points 1 year ago (1 children)

Insightful comment I heard from someone else - once Reddit reopens the subs and the third-party apps have shutdown, moderators won't be able to moderate properly and we'll see all sorts of terrible spam. It's likely the largest subs won't be able to cope.

This by itself might not be able to hurt the IPO, but if they IPO after July 1st, it might be a whole new ballpark. (In other words, the lack of effective moderation - caused by the loss of the third-party apps that helped so much with moderation - might ruin the subs and cause Reddit's value to drop.)

[–] [email protected] 0 points 1 year ago (1 children)

I moderate a somewhat busy subreddit, the main tools that I use are probably not going to be affected by the API changes. But I only moderate while on desktop. Moderation via Reddit's app was horrible, and the third party app I use is somehow worse.

Even though the tools I use shouldn't be hit by the API changes, I'm still going to scale back my reddit presence considerably. Reddit betrayed my trust here, who knows what they'll do next.

[–] [email protected] 1 points 1 year ago

@chaogomu

@Deliverator @abff08f4813c

This is exactly it for me. Trust is easy to lose, and difficult if not impossible to regain once it's gone. And that's precisely what Reddit did.