Surely can’t be good for a potential IPO
this post was submitted on 27 Jun 2023
234 points (98.8% liked)
13619 readers
2 users here now
founded 5 years ago
MODERATORS
I honestly kind of can't wait for the IPO, I just want to see what happens
They'll ban porn and put the final nail in the coffin. No one there cares what happens to reddit as long as they get a fat payday. They'll move on to the next big business venture where they can ruin something else in the name of getting money.
I wonder what of investor looks at reddit and thinks that banning porn will increase user engagement or any other meaningful metric.
But we have to get Presbyterian soccer moms in Peoria to join the platform!
It's a massively growing demographic! /S
I saw a comment that said they welcome the day reddit sanitizes offensive usernames FOR THE CHILDREN. The soccer moms are already there.
Gag me
Probably a regulatory/risk thing. Don't forget, Porn sites are outright banned in some places but also subject to regulatory compliance (remember the recent Utah I'd laws?). CP is also at an increased risk. Not to mention all the additional moderation overhead.
The class action lawsuits come thick and fast as soon as a company goes public. It’s like putting a giant “kick me” sign on your ass.
This but with all of us standing around roasting popcorn on the flames.
It isn't. And don't call me Shirley.
This looks to be the beginning of a trend to pull out of Reddit, and I am excited to watch it crash and burn.
lemmy.world/c/minecraft is growing steadily and we are currently negotiating with mods from the subreddit to get them onboard if they desire to learn and migrate to Lemmy. One already joined our moderation team.
I don't expect official accounts to come here anytime soon, we simply do not have the reach or public awareness necessary to make it a viable channel. However, we are slowly building the rapport and structure necessary to accommodate CS representatives, developers and similar persons in the future.
Oh god imagine an official Minecraft shout-out directing people to Lemmy.world...
Eternal September of 9 year olds..
I was thinking more like, nobody can access lemmy.world anymore
Microsoft is just as bad or worse than Reddit.
That's a bit of a billboard statement. Why do you say that?
Either way, Microsoft's reputation aside, they're large enough to make an impact with a decision as this one.
They literally invented the EEE strategy that reddit is copying.
I'll say. The kings of proprietary code grifting, but they sure want YOU to share all your code on GH, which they own (so that corporations can rip and run with it).
yes, this is why I post poorly written, unoptimized code to github. no other reasons...
uh, no further questions goodbye!
Time to advertise GitLab.
Yeah this feels pretty significant to me. I'm interested to see if any other big corps move their PR teams away from Reddit.
I’ll enjoy watching Lemmy grow even more than watching Reddit burn. Well… I’d enjoy watching Spez get it
Don't delude yourself: This is just a convenient excuse for them to do this.
Having to maintain an active community outside of their control is an inherited burden from purchasing a former indie company.
"And we're announce that next week will see the launch of MSeddit, a new social link aggregating site. Plus it'll be part of the Fediverse. Kinda.'
Embrace. Extend. Exsanguinate.
Leaving Reddit is a smart and very cheap move to make on their end. The subreddit will keep running by itself with or without them anyway. Great PR stunt.
That's a big name to drop out.
I find this really interesting considering the Minecraft Subreddit was actually what got me into using Reddit. It really speaks to the shifting opinion on Reddit. I think the trust at this point is breached beyond repair even if they retracted all of their decisions.
At this point... it likely would take Reddit to fire spez, slash API prices to 1% or less, and federate with Lemmy, just to gain back any trust.
Wtf based Minecraft? Gotta go buy another copy now…
The Minecraft that implemented microtransactions into the Bedrock Edition?
The Minecraft that forced everyone to move over to Microsoft accounts?
The Minecraft that implemented broken chat reporting that had to be fixed by the community?
The Minecraft that can now ban you from multiplayer altogether, even if you run your own server?
The Minecraft that shut down and DMCA'd a 18+ only but non-explicit bondage server and mod?
Hey point made, fair enough. I will not be buying another copy 😂
The minecraft sub may actually be what got me into using reddit before it even was used as an official space. Glad to see them take a stance.
It's actually tricky, because I think it was "official" when it was just notch back in the day, who frequented reddit, but then when it was sold to Microsoft, it took a little while before MS approved teams started showing up.
Minecraft Reddit was probably my introduction to Reddit back in 2011. Quite a different place back then. I remember excitingly reading new Snapshot patch notes posted by RedstoneHelper.
Don't worry, will get minecraft update through notifications on the Windows 11 interface /s
I hope more companies pull out of reddit. It will scare out the investors.
Ok this is fun.
So this was the actual official sub? What's Reddit gonna do, force it open too?
Also, the effin irony of the huge Reddit Premium ad on all those sad old.reddit pages.
Truly based. Hopefully more companies pull out from Reddit entirely.
An unceremonious burial for the platform made entirely irrelevant by the greedy pig boy.
I wonder if more Microsoft properties will follow suit.
No investor with a sound mind will not be concerned about this.
This is just wonderful news. Hope they would come here to the fediverse
Watching Reddit self destruct in real time after deleting my account there 3 years ago is immeasurably satisfying for many reasons
view more: next ›