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  3. Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.

Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.

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  • tea@programming.devT [email protected]

    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.

    ? Offline
    ? Offline
    Guest
    wrote on last edited by
    #121

    Reddit was one financial thing I never followed at all when it went public. Simply didn't care. Don't know what it even opened at originally.

    1 Reply Last reply
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    • tea@programming.devT [email protected]

      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.

      F This user is from outside of this forum
      F This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #122

      Oh noooo! That's teeeeerrible! Oh noooooooo etc etc etc lol F Reddit in the A with a big rubber dick!!!!!!

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      • C [email protected]

        Same reason I left. Why hang around to get yelled at by bots about "living in a liberal Reddit echo chamber" WHILE the entire site is sucking fascist dick the entire time?

        I remember when I got banned for saying that hey maybe it isn't hate speech to say that Israel shouldn't murder children.

        I This user is from outside of this forum
        I This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #123

        Israel has killed more women and children than any other demographic. They have committed a genocide and the US president has called for an intensification and expansion of the genocide. Even going so far as to say he wants to ethnically cleanse Gaza.

        C 1 Reply Last reply
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        • ? Guest

          I'm trying to figure that out but I I have to make my own server? Or is it a sub on lemmy.world? There definitely a learning curve

          4 This user is from outside of this forum
          4 This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #124

          You don’t have to make your own server (unless you really want to!). Just start a community on a server you like.

          The one catch is that others can start a community of the same name and/or interest on another server and that gets a little confusing because then there are two, of course.

          I wish that communities could “federate” with each other from different instances but then that raises a bunch of logistics issues about how this is moderated, how is this presented to the users, etc.

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          • tea@programming.devT [email protected]

            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.

            kingthrillgore@lemmy.mlK This user is from outside of this forum
            kingthrillgore@lemmy.mlK This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #125

            Community oriented websites have no growth potential once you've mined the community.

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            • I [email protected]

              Reddit banned me for saying mean things about Elon and I'm not going back. Good riddance.

              F This user is from outside of this forum
              F This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #126

              Everything he does basically invites people to say mean stuff about him.

              Perhaps he could just stop doing those things? Thinking out loud here,

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              • W [email protected]

                Reddit has very weak leadership in my opinion.

                I wouldn't be betting on them, especially when their user base is going to want them to stand up for them and the Elon fiasco shows Spez won't.

                It's a tinderbox before the next large Reddit protest happens again and more niche communities splinter off to the fediverse.

                F This user is from outside of this forum
                F This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #127

                Reddit is the Titanic, leadership is the iceberg, and the fediverse is the welcoming ocean.

                W 1 Reply Last reply
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                • vanilla_puddinfudge@infosec.pubV [email protected]

                  I feel like I have simpler reasons for leaving Reddit.

                  The third party apps quit working and the site and app run like shit and take forever to load.

                  Simple problems, simple solutions.

                  shinratdr@lemmy.caS This user is from outside of this forum
                  shinratdr@lemmy.caS This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #128

                  That’s actually the main reason most left, Lemmy has never seen a bigger increase in MAU before or after the death of 3rd party apps.

                  Not to say the other stuff isn’t important, but for me Reddit WAS Apollo. Without it, it didn’t even feel like the same service. Enough people felt the same about their preferred apps that they left en masse in 2023.

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                  • A [email protected]

                    F This user is from outside of this forum
                    F This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #129

                    Heve Stuffman

                    1 Reply Last reply
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                    • vanilla_puddinfudge@infosec.pubV [email protected]

                      I feel like I have simpler reasons for leaving Reddit.

                      The third party apps quit working and the site and app run like shit and take forever to load.

                      Simple problems, simple solutions.

                      M This user is from outside of this forum
                      M This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #130

                      I left because once you see that most posts are just commercials and advertising and then you realize how they sell our attention span instead of paying us for it then I left. I don't work all day just to come home and make someone else money. Cut me in or eat shit.

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                      • I [email protected]

                        Israel has killed more women and children than any other demographic. They have committed a genocide and the US president has called for an intensification and expansion of the genocide. Even going so far as to say he wants to ethnically cleanse Gaza.

                        C This user is from outside of this forum
                        C This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #131

                        "You have been banned from r/worldnews for antisemitism and hate speech."

                        1 Reply Last reply
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                        • D [email protected]

                          The most bizarre part of the Theranos scandal is that any medical lab tech/scientist could have told you, right from the initial pitch, the entire thing was a massive scam. There was literally no reason to ever think this technology was feasible and a mountain of reasons it wasn’t.

                          M This user is from outside of this forum
                          M This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #132

                          Tech execs have absolutely massive egos.

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                          • I [email protected]

                            Reddit banned me for saying mean things about Elon and I'm not going back. Good riddance.

                            W This user is from outside of this forum
                            W This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #133

                            Can I get a "fuck Elon the Felon" my fellow netizen?

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                            • F [email protected]

                              Once a company becomes publicly traded it always gets worse. Once the shareholders are closer to the executive compensation packages than the customers/users it is all downhill. It is like clockwork.

                              Might take a year, might take 10, but the result is inevitable.

                              ? Offline
                              ? Offline
                              Guest
                              wrote on last edited by
                              #134

                              Pump and dump

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                              • tea@programming.devT [email protected]

                                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.

                                moitoi@lemmy.dbzer0.comM This user is from outside of this forum
                                moitoi@lemmy.dbzer0.comM This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #135

                                I'm waiting to see the bubble poping out.

                                1 Reply Last reply
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                                • K [email protected]

                                  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.

                                  F This user is from outside of this forum
                                  F This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #136

                                  I watched the video on the Digg.com front page and it was a bunch of very rich dudes sitting on a couch, with the same energy and words of other very rich dudes. I don't think it will be better. They just don't live in the same world.

                                  1 Reply Last reply
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                                  • cm0002@lemmy.worldC [email protected]

                                    Oh no! Anyways, what's everyone's Friday plans?

                                    F This user is from outside of this forum
                                    F This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #137

                                    Watching Star Trek with my pants down

                                    cm0002@lemmy.worldC 1 Reply Last reply
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                                    • tempus_fugit@midwest.socialT [email protected]

                                      Huh, maybe if reddit wasn't overly restrictive to free speech they'd get more actively engaged users. Oh well, I guess they'll have to suffer the consequences of their actions. I know this article blames reliance on google and stagnant ads for this, but I can't help but think restricting speech and shutting down discussions also plays a role. Front page of the internet my ass.

                                      F This user is from outside of this forum
                                      F This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #138

                                      Not just restrictive of free speech. Openly abusive to users. Shadowbanning with zero indication of what is going on, or why.

                                      1 Reply Last reply
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                                      • ? Guest

                                        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.

                                        R This user is from outside of this forum
                                        R This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #139

                                        Sync for Lemmy feels just like Reddit is Fun (RiF). So good

                                        jballs@sh.itjust.worksJ 1 Reply Last reply
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                                        • F [email protected]

                                          Reddit is the Titanic, leadership is the iceberg, and the fediverse is the welcoming ocean.

                                          W This user is from outside of this forum
                                          W This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #140

                                          I think fediverse being the ocean is apt.

                                          We’re just here, with wave after wave eroding the shore of the island that is Reddit.

                                          L 1 Reply Last reply
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