this post was submitted on 14 Jun 2023
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Predictable and moronic reactions.
I think the whole reddit issue can be summed up very concisely. The users liked reddit because it was simple to use, free of ads and other distracting bullshit. That's how they got big. But there's no money in that. For some reason, investors still threw money at it. Now, they want their money back and reddit has 2000 employees. They need to find more and more ways to make money, which effectively kills the reason reddit got popular in the first place.
TL;DR don't invest gazillions in a site simply because it has many users.