this post was submitted on 18 Jan 2024
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[–] SnotFlickerman@lemmy.blahaj.zone 40 points 11 months ago* (last edited 11 months ago) (3 children)

Hmmm, let's see.


  • Failing company rooted in a more traditional framework they're trying to break out of

  • Said company has no idea what they're doing and keep doing ridiculous things to "break out of" traditional framework

  • Keeps doing things no user/customer asked for

  • Said company has no real effective long-term game-plan and keeps changing tack because of bad previous choices

  • There's a good chance the company could go completely bust because of lack of good business plan and solid leadership


Redditors: Reddit is the new GameStop!! DRS!! MOASS!!!

[–] Semi-Hemi-Demigod@kbin.social 35 points 11 months ago (1 children)

Keeps doing things no user/customer asked for

I'm pretty sure the advertisers - their real customers - asked them to show more ads.

[–] SnotFlickerman@lemmy.blahaj.zone 33 points 11 months ago (2 children)

Huffman is ostensibly following Elon Musk's lead, and last I checked, Musk had pretty effectively chased away a massive amount of what one might call "rational" advertisers. Reddit is absolutely following a similar path, and soon enough there will be advertisers who no longer want to be associated with a toxic brand.

[–] Nollij@sopuli.xyz 24 points 11 months ago

Ostensibly? I think you mean obviously/openly.

https://www.nbcnews.com/tech/tech-news/reddit-blackout-protest-private-ceo-elon-musk-huffman-rcna89700

It's not just similarities; Steve Huffman is openly and directly copying Musk. Honestly, given Ex-Twitter's performance, I have no idea why any investors are allowing that.

[–] athos77@kbin.social 14 points 11 months ago

spez doesn't care. He's realized that, despite his best befuddled efforts, reddit is failing and that no one else will hire him for a cushy CEO job. He wants to take his bag and leave while the getting is still (relatively) good.

[–] Mechaguana@programming.dev 7 points 11 months ago

Dont forget the booooots sooo mannny boooots how the hell are there such low effort bots everywhere on that site