this post was submitted on 11 Jun 2023
447 points (100.0% liked)
Technology
37713 readers
399 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
update for 2nd day of the blackout
It dropped by about 2000 comments per minute and about 100-200 posts per minute. Assuming weekend peaks are about the same as weekday peaks that's a pretty significant reduction of thousands of posts not posted and tens if not hundreds of thousands of comments never commented. That's a fairly significant dent and could drop a stock price by a few percent, but certainly not a company killer.
The long term question is if this exodus removes too many power users who drive engagement, not to mention the effects on moderation and how reddit replaces or recalls the users it alienated
Yeah, the drop will come the first of july, when the api become $$$ :D
I will be paying attention to this the following couple days. I wonder how they are going to tell investor, lol.
I'd be curious to see an updated valuation
The site is broken atm, but yesterday when I check it it was about half way between the blackout and the normal volume. (might just because weekend people have more other stuff to do?)
Yeah that's possible. Quite frankly all of this is pretty moot for the time being, the real test is at the end of the month when the API changes take effect.
Monday's post/comments return to normal level. (the tracking site is working again.)