this post was submitted on 09 Jun 2023
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Relaxed section for discussion and debate that doesn't fit anywhere else. Whether it's advice, how your week is going, a link that's at the back of your mind, or something like that, it can likely go here.
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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.