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by Sunspark 866 days ago
Once they're public, everything is going to change.

At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder".

Except in this case, users are the product, and if you ruin the experience for the user then you've ruined your own product, thus defeating the shareholder.

The only thing Reddit offers is a user community on a mega-forum.
2 comments
hightrix 866 days ago
> At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder".

Reddit has been on this path for years. Almost every recent change, when viewed through this lens, makes much more sense.

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declaredapple 866 days ago
> At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder".

Generally people refer to this as Enshittification

> if you ruin the experience for the user then you've ruined your own product, thus defeating the shareholder.

Enshittification is literally the opposite of this.

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