Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.
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I can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.
Madoff died in a jail cell, that's gotta count for something.
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Oh no! Anyways, what's everyone's Friday plans?
Playing Pikmin 4, gonna stop soon to make eggs and bacon, and watch the movie Heat before it expires off my To Watch list lol
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Madoff died in a jail cell, that's gotta count for something.
Yeah that’s cool and good. Same with Epstein.
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But after that 11 years didn’t she come out of prison still rich?
She went into prison in 2023 so she will be there for a while yet.
I don't think her wealth is known exactly but she and her company lost billions during the scandal.
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I got in trouble for “report abuse” as I reported every post for sexualizing minors in a sub dedicated to a certain musician/OnlyFans model “in their prime” aka before they were 18.
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It could also just turn it into another nazi mouthpiece, and make getting information out to people even worse than it is now.
I will speculate this is going to happen anyway, sooner or later.
While I am not American, I have lived in the the US and have many close friends there. From my understanding, American oligarchs have gone full in on a proto-fascist state (US is not yet fascist in the formal definition of the term, thing can and likely will get worse). This includes Hoffman and not only.
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Oh no! Anyways, what's everyone's Friday plans?
I’m gonna go to a Mexican restaurant with friends and have a huge Dos Equis with my lunch.
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The Voyager iOS App makes it feel like I never left.
Reddit refuge here.
I do miss all the niche subreddits. As the saying goes, “there’s a subreddit for everything.”
But I think with time, Lemmy can grow to fill that gap.
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
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Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.
Feels that way to me. I wasn't there like at the very beginning, but was able to be in a few small subreddits turn big. Some turned to shit, some turned okay. Lemmy/mbin a.k.a. threadiverse seems like it was before my time I started with reddit
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She went into prison in 2023 so she will be there for a while yet.
I don't think her wealth is known exactly but she and her company lost billions during the scandal.
I mean she stole from rich people so I hope she’s doing good
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
It'll fall won't be as dramatic as Digg but it will decline over time. Probably not have a major exodus event like Musk buying Twitter and renaming it and sending people to try BlueSky and Mastodon
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I got in trouble for “report abuse” as I reported every post for sexualizing minors in a sub dedicated to a certain musician/OnlyFans model “in their prime” aka before they were 18.
ಠ_ಠ gross
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Reddit refuge here.
I do miss all the niche subreddits. As the saying goes, “there’s a subreddit for everything.”
But I think with time, Lemmy can grow to fill that gap.
I have no doubt we will!
While we still doesn't have all kinds of active niche communities over here, it is incredible how much the community has grown since I first came here. And that's not really all that long ago.
Thanks for joining us!
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Reddit refuge here.
I do miss all the niche subreddits. As the saying goes, “there’s a subreddit for everything.”
But I think with time, Lemmy can grow to fill that gap.
You gotta Field of Dreams it. I’m doing it for LV426/the Aliens universe. Just treat it like you’re starting a forum or a newsletter and, hopefully in time, others will contribute and it’ll grow organically.
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Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.
More or less. There aren't as many bots, and everyone is generally aware of traditional Internet etiquette (i.e. don't be an asshole). Lemmy also feels as homogenous as early Reddit: college-educated white people in western countries.
I started joining forums back in the late nineties and I've learned every place on the Internet is in flux. Things always change. Back in the day, stuff would happen like we would lose hosting because someone got sick of running a niche phpBB forum or the moderation team would change. When social media kicked off, changes were driven by money. Facebook was a big gaming platform in my college years (Farmville), which feels completely foreign to today's Facebook.
The smaller the community, the more stable it is. Some of those 20-year forums still exist, albeit in a much more diminished state. If a site/platform gets popular, that's when things can change quickly.
Lemmy has already changed since I joined and I'm sure it will become something different in the future.
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
That idiot CEO is doing idiot CEO things.
Everyone knows that if he keeps bowing down to Musk's pressure and enshitificating the platform, people will leave for greener pastures as soon as there's an enticing alternative like they did with X.
CEOs surround themselves with the most conceited and naive of all echo chambers.
They live in an imaginary world in which their backward opinions work better than what has been proven to work time and time again by every research ever done on any subject.
They will one day wake up to a blue sky, claim it's actually pink with green polka dots, and blame "the woke agenda" or some such nonsense when they are obviously proven wrong.The closest analogy I've ever heard for what modern CEOs have become is "Like a bunch of Naked Emperors jerking each other off while shitting all over everyone below them". As accurate as disgusting.
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Gee, that's too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.
Greedy pigboy flew too close to the sun.
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This would actually be a great outcome.
While most people would likely move to Digg v2.0 (I am just being realistic), this will help fuel growth in the threadiverse. And at any rate, the major instances would simply not be able to handle 1 million MAUs immediately moving to Lemmy.
Digg is excited about "AI" moderation. So, they're gonna be going the route of banning users for wrongthink just as Reddit did. I don't think it's going to be that popular.
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
And this right here is why I laughed my ass off when they were doing their IPO and offered me an early buy-in. The company has never made a profit to my knowledge, why on earth would I imagine its value would go up?
