this post was submitted on 05 Aug 2023
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The Reddit Protest Is Finally Over. Reddit Won.::Reddit corporate claims victory over its disgruntled mods as r/aww, r/pics, and r/videos abandon the "John Oliver rule."

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[–] danielton@lemmy.world 82 points 1 year ago (11 children)

Did they win, though? Everybody who actually cared left. It was clear in June that they were going to do whatever the hell they wanted to regardless of what anyone did or said.

[–] DarthCluck@lemm.ee 15 points 1 year ago (3 children)

The real test of win/lose is if they are able to turn a profit

[–] danielton@lemmy.world 13 points 1 year ago (1 children)

I'd be surprised if they could. They're copying Elon, after all.

[–] echodot@feddit.uk 12 points 1 year ago (1 children)

So the next move will be to rename the site to a single letter of the alphabet.

[–] Renacles@discuss.tchncs.de 7 points 1 year ago (1 children)

They haven't in 10 years, I wouldn't hold my breath.

[–] Valmond@lemmy.mindoki.com 2 points 1 year ago

The FED & BCE jack's the cost of borrowing money, so once a "I just borrow more it's basically free" now it's "those dollars gotta bring money in or we're bust".

Interesting times for Reddit...

[–] Rediphile@lemmy.ca 5 points 1 year ago (1 children)
[–] Vash63@lemmy.world 3 points 1 year ago (1 children)

No, short term. Spez is looking to sell, he doesn't care how it looks after the sale goes through.

Agree, he is straight up destroying the site for the IPO and will bail the second he can cash out

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