Not sure they have. No traffic stats yet on July which was when the API changes took effect
this post was submitted on 04 Aug 2023
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Eh, who knows. You can buy a news story now so we'll never really know much of the truth. I know I haven't been back, and I don't even care about API stuff, I just disliked the way the CEO was so dismissive of what the reader/user base wanted.
It takes a long time for sites to die completely. Livejournal was wildly popular in its day, but after a couple of changes of owners and becoming a Russian government propaganda machine later, it still exists, but despite me being a staunch LJer I don't know anyone who still posts there. Nobody talks about it as anything but in the past tense. In time I expect Reddit to be another internet graveyard.
Lol this has just started. Once they IPO and we learn how many tens of millions spez made off mod's unpaid labor, more and more mods (and power users) will wonder why they are doing unpaid work just so spez can get rich.
How many billions did that one company figure they lost on likely market cap? And they want to say they won.
Yeah, Reddit managed to suppress the protests, but saying they won is just not knowing the full story. From Reddit's point of view, this has always been about their IPO, but all this mess did nothing to help with it. In fact, we even got that infamous spez quote saying Reddit isn't profitable, which can only make things worse for them.
When they finally decide to push for their IPO and they aren't unable to provide the profits the investors want, then the enshittification will just accelerate and people will start leaving.
If you guys wouldn't be mentioning that site all the time I'd totally forget it exists. :)
With all the extra free time I've got from not doom scrolling Reddit, I think I'm actually the winner here, cheers spez
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Yea... won is a matter of opinion.
Did their evaluation go up? SERIOUSLY doubt it.
Did they lose a chunk of userbase? Not as much as we would have hoped. However, quality != quantity. And, I am willing to bet they lost a more vocal part of their userbase.
In the end, they will prob still push for IPO. In the end Spez will still be swimming in dollars. But, not nearly as many dollars as he could have had....
As a former Reddit user, I'd like to think I traded up to the fediverse.
At what cost, though?
Yes, I feel long-term damage will be more interesting. If there are viable alternatives, people may migrate over, a large part of the reddit community still knows what happened, and I doubt that with the current CEO that reddit will succeed long-term
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Of course Reddit won. Not to diminish the efforts of everyone who participated, but all we’re doing here is sowing the seeds for something that might compete one day. There was never a chance of a full platform shift within the set two days of protest or whatever. Give it time, we’ll see Reddit squeeze every penny it can out of its users after IPO. Then, maybe as time goes on people will be looking for other places to go and Lemmy or some other platform will be a more viable option. It took Reddit over a decade to get to where it is, so of course we shouldn’t expect an equal competitor to pop up in a few weeks.
Yup, reddit never cared about the user. They're not a nonprofit. They're a business. So this wasn't a surprise to me.
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They "won" short term. Let's see what Reddit is like in a year.
But as other's here have pointed out, those of us that left are the real winners. While Reddit will always be around, it's already going through enshitification. It's only a matter of time of when the majority abandon it.