/u/bandofgypsies

  • 5 Posts
  • 7 Comments
Joined 1 year ago
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Cake day: July 1st, 2023

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  • Yeah this is critical. These promises for money later mean that all sorts of stupid ideas were being funded, and therefore people hired, etc, but now that’s coming to a close. Companies and investors will be more likely to scrutinize spending (as they should) and see how to rightsize with reality and line of sight to profit. For significantly more complex reasons, it’s similar to an individual borrowing themselves into crazy debt, and banks eventually determining that they need more than credit/promises to keep seeding you cash.

    Time to pay back some promises.


  • Yeah I’m with you. Core reddit has been a disaster for a long time. I happily left a long time ago and eventually came back as 3rd party apps allowed me to have s completely different experience on mobile and I could finally stop using desktop (though res always lively fondly in my heart).

    I’m moving away from Reddit for a least a while too see how things begin to unfold. Will try Lemmy, too, and see if it grows enough to be worthwhile and have the momentary to build some sort of critical mass offer time. Seeing some major said move here (Boost, for me) will be awesome.

    But I don’t expect reddit to disappear. As was said, for a ton of people, the 3rd party so exodus is not impactful, if they’re even aware of it.

    I’d guess Reddit continues for a long time, but becomes even more diluted than it has since the tencent investments and the huge leave-facebook migration from a few years ago.