I might be missing something but my last known was that (unfortunately) they are really doing just find. Yes took a user count/traffic hit and lost a lot of free labor since the Landed Gentry left or were fired (lol). But mostly remain unscathed sadly. It seems business wise they hardly felt it.
It’s like deferred maintenance on dams and bridges. They don’t all fail at once, but the more time goes on, the more things fail. Reddit won’t fail all at once, it will slowly spring leaks and fail.
I might be missing something but my last known was that (unfortunately) they are really doing just find. Yes took a user count/traffic hit and lost a lot of free labor since the Landed Gentry left or were fired (lol). But mostly remain unscathed sadly. It seems business wise they hardly felt it.
It’s like deferred maintenance on dams and bridges. They don’t all fail at once, but the more time goes on, the more things fail. Reddit won’t fail all at once, it will slowly spring leaks and fail.
They lost their monopoly. The transition of Lemmy/Kbin from a scrutiny to mainstream will hit them hard … down the line.
Agreed! People are learning their are other options. Can’t wait to see the fediverse eclipse Reddit entirely.