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by tmpz22 716 days ago
Reddit stock price has been going up since the IPO I believe not as a result of user or ads growth but because they've been selling data to AI companies for training.

IMO the quality of Reddit's product has never been a pillar of its valuation.

1 comments

That was the sole reason why I deleted my account. I know it was too late, and there's a backup out there of everything I posted, but having the stories I wrote and the jokes I told and the essence of the communities I posted in completely devalued and turned into a quick buck broke my heart.

To a certain degree, I get it, but for a website that is built entirely on user interaction and input, not even giving the users the opportunity to weigh in?

That was despicable.

Looking back, I would have paid $5/month to own my posts and keep reddit what it was, but we never even got the option.