Probably because people treated subs like hashtags, yeah let’s repost this photo to as many somewhat relevant subs as possible. Every other social media uses hashtags, so reddit must be the same, right?
But in some smaller, non default, niche communities, you still found plenty of quality, original content. Many of those were too small to probably even make it to Lemmy at all, let alone gain some traction. But I’m happy /c/flashlight is over here already.
Yeah, the smaller communities on Reddit were still really nice, which is why I wasn’t initially eager to leave. It’s unfortunate that it had to turn so shitty, but I honestly knew it was coming as soon as they announced that they were going public. The stock market and shareholders are really bad at building things with longevity, so when a corporation goes public it usually starts making bad but short-term profitable decisions until it goes under.
Yeah I just don’t see a value Reddit can have for shareholders, other than selling ads (even more). If it was insanely profitable, the owners would be reaping profits already.
More companies should stay private, look at Steam for example, they’re doing things at their own pace and developing things that aren’t instantly profitable because they’re not concerned with shareholders opinions.
Indeed. I’m not a super big fan of Capitalism in general, but often times private company owners are at least sensible. Shareholders on the public market have a collective mentality of “MORE MONEY!!!” and some company models just aren’t compatible with that, especially social media companies which are barely profitable to begin with.
Probably because people treated subs like hashtags, yeah let’s repost this photo to as many somewhat relevant subs as possible. Every other social media uses hashtags, so reddit must be the same, right?
But in some smaller, non default, niche communities, you still found plenty of quality, original content. Many of those were too small to probably even make it to Lemmy at all, let alone gain some traction. But I’m happy /c/flashlight is over here already.
Yeah, the smaller communities on Reddit were still really nice, which is why I wasn’t initially eager to leave. It’s unfortunate that it had to turn so shitty, but I honestly knew it was coming as soon as they announced that they were going public. The stock market and shareholders are really bad at building things with longevity, so when a corporation goes public it usually starts making bad but short-term profitable decisions until it goes under.
Yeah I just don’t see a value Reddit can have for shareholders, other than selling ads (even more). If it was insanely profitable, the owners would be reaping profits already.
More companies should stay private, look at Steam for example, they’re doing things at their own pace and developing things that aren’t instantly profitable because they’re not concerned with shareholders opinions.
Indeed. I’m not a super big fan of Capitalism in general, but often times private company owners are at least sensible. Shareholders on the public market have a collective mentality of “MORE MONEY!!!” and some company models just aren’t compatible with that, especially social media companies which are barely profitable to begin with.
Oh shit I need to find that flashlight Lemmy. I’ve already found wet shaving and mechanical keyboards. I’m hoping ayymd makes it over too.
https://lemmy.world/c/flashlight :)
Thanks bro.
Now my addiction continues.