this post was submitted on 13 Jun 2023
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They think they are too big to fail and enough users will stick around up voting repost bots that it will be profitable.
That, and also they'll continue running their own bots to upvate the repost bots to make it look like there's lots of engagement right up until the very instant that somebody else is holding the bag.
I wouldn't be surprised if reddit's own employees short the company once it goes public.
They’ll be right. The quality of everything, not the least of which is internet scrolling, that the general public accepts is horrendous.
Somebody else put it best here that Reddit won’t die, it will still be around for all those people. Hopefully the rest of us move on and Reddit becomes “Oh huh? That place is still around?”
For anyone who doubts this, note that Digg still exists.
Sadly, I’m not sure they’re wrong.