[janesvilleseo]

What is the end game for Reddit here? Losing free and motivated workers and gutting their communities, is that something they feel will blow over and they will be able to replace with their own figureheads? I haven’t gone back and I was addicted to the site for over 15 years.

[dsir]

I'm not sure the wedge created between many of the communities and the platform is repairable at this stage without extended displays of good will from Reddit's side.

Lots of communities have started the process of migrating to different platforms. The federated alternatives like Lemmy have had recent success although I question the complexity of it in terms of getting mass adoption. Most of the alternatives seem to be missing the core idea of what Reddit really is (a community of communities). I think first and foremost the community aspect of Reddit is what makes it appealing.

I've been building a platform called Sociables which is intentionally not just another Reddit clone. We are trying to create an all-in-one place for people to create communities first and foremost and not just posts.

https://sociables.com

[brucethemoose2]

> What is the end game for Reddit here?

IPO or sell.

That is it. The bag the buyer(s) are left holding is not their problem.

What really boggles my mind is that the market would buy a burning building like this. Maybe there is some more money to squeeze out, but surely not enough to recover the alleged valuation.

[klyrs]

I've been shipping Musk and reddit... mostly imagining the havoc if reddit goes IPO and Musk can manipulate r/wallstreetbets

[whatscooking]

Same. It helped me break my addiction. No way I’ll ever use the official Reddit app

[LispSporks22]

Investors want their return.