Well stop doing your part. Stop interacting with Reddit. They are almost certainly doing Place right now just to boost their numbers and you’re falling for it
Investors care about the potential for future growth and thus future increased profits. They don’t give a shit about what a company is doing today, except to the extent it is predictive of the future. Investors look at this and see lots of activity of users who actively hate the company, that’s not future growth.
To take an unfortunate example, imagine if Bud Light had a bump in sales because a bunch of right wing lunatics were buying extra just so they could make videos of them throwing away, shooting, blowing up, or otherwise destroying the beer while vowing never to drink it again. Does an investor look at that bump in sales and say “oh neat, look how well Bud Light is doing, I should invest!” or do they say “A lot of Bud Light’s core consumer base is pissed as hell and probably not going to be buying this product in the future, there is limited potential for future growth, I’m out”?
They don’t give a shit about what a company is doing today, except to the extent it is predictive of the future. Investors look at this and see lots of activity of users who actively hate the company, that’s not future growth
Yes. And if you look at Reddit today, it’s still alive and full of buzz.
The third-party app userbase was a small percentage of the site.
Most people are indifferent and so they keep using it.
There are magnitudes more OC on Reddit than Lemmy just by nature of their user base size. There are bots and reposts, sure, but Lemmy pales in comparison to the amount of OC on Reddit
You say investors see lots of active users who actively hate the site and don’t see future growth.
I think they see a lot of users who say they hate the site but despite that they still use the site and the numbers continue to grow. To me that sounds like a dependent user base that even through hard times continues to grow.
Few industries in finance are harder to break into than VC. They’re mostly incredibly smart, but it doesn’t come off that way because they’re focused on near-term financial returns moreso than developing a usable product. They’re eyeing an exit, so they just need to inflate financials to get maximum return
They do not give a shit why people are still on reddit. They look at the site traffic analytics and as long as the numbers are going up, they think they’re doing the right thing. Your mere presence on the site is only seen as opportunity for them to squeeze out more ad revenue.
“But I don’t click on the ads!”
They don’t care about that either! Every time an ad appears on your screen, that gets recorded as a data point in their analytics, regardless of whether or not you interact with it.
They just want to see the numbers go up. They don’t care how it happens, as long as it happens.
If you want to hit them where it hurts, stop engaging with the site.
Yes, they ban moderators in the full knowledge in reducing the quality and well behavedness of users and to increase traffic by upset people. This is exactly what they want: upset people = engagement. This how Twitter works or maybe used to work, I didn’t follow the recent changes too closely.
100% agree. I’m one of the April Knights that team up every April Fool’s for the events. They are 4000% doing this to boost numbers. Fuck them entirely. I refuse to participate.
That being said, we need to have our own April Fools event. I wonder if anyone would be interested in this? If there is enough of it, I’ll see if I can take on a new coding project.
R/place will increase their traffic no matter what. At least the picture can convey the protest message so they know we aren’t going to move past it that easily. Plus, keeping r/place open all day is increasing their server costs while providing no ad revenue. I don’t go to reddit other than to spread to good word of Lemmy and to downvote admins so I think that has more benefit to us than to them.
I don’t think we are a minority at all. Look at any admin communication and all you see are complaints related to the changes. Also I think the protests actually are hurting moral at Reddit, and could potentially affect their IPO, but I’m mostly just enjoying a bit of schadenfreude from watching how poorly things can go for them. I know it won’t affect their decisions in the end.
https://lemmy.world/post/1796444
I left the site, disappointed, because Reddit was great. I’m a transplant.
I understand why everyone is angry. It’s a natural response, but after 2 months of this you’d think we’d have realized that there isn’t much that can be done.
Reddit is going to aim to profit. There isn’t much to it beyond that.
I think it would be beneficial if we get Lemmy exposure on there. Sure their numbers might go up but some people will leave knowing how shit the platform is.
I did stop interacting with Reddit, I only put one pixel in because there are still a lot of people there that haven’t given up yet and this is their way of protesting.
Even if it’s not the way I choose for myself, I still respect them for holding the ground.
This is my homage for those people.
Kid I’ve been on Lemmy way longer than you because I started searching for alternatives way before the whole thing blew up.
You silly guys that joined 1 month ago with your last minute righteousness can all line up and suck my balls , but before please take all those bull shit out of your mouth that’s not really hygienic
Lmao oh this is a Lemmy seniority test now?? It’s a website haha. Mazel tov on you being here longer. You truly are worth praise for that. But if that makes you feel better and happy then I want you to have it :) who am I to take away your self worth?
Well stop doing your part. Stop interacting with Reddit. They are almost certainly doing Place right now just to boost their numbers and you’re falling for it
Yeah, but in exchange for a brief flurry of engagement they have to put up with another wave of articles about angry reddit user protests:
https://techcrunch.com/2023/07/20/redditors-are-already-using-r-place-to-address-api-controversy/
“Oh no, anyways…”
Says the Reddit execs as they show off their numbers to VCs as they prepare for their IPO
Investors care about the potential for future growth and thus future increased profits. They don’t give a shit about what a company is doing today, except to the extent it is predictive of the future. Investors look at this and see lots of activity of users who actively hate the company, that’s not future growth.
To take an unfortunate example, imagine if Bud Light had a bump in sales because a bunch of right wing lunatics were buying extra just so they could make videos of them throwing away, shooting, blowing up, or otherwise destroying the beer while vowing never to drink it again. Does an investor look at that bump in sales and say “oh neat, look how well Bud Light is doing, I should invest!” or do they say “A lot of Bud Light’s core consumer base is pissed as hell and probably not going to be buying this product in the future, there is limited potential for future growth, I’m out”?
Yes. And if you look at Reddit today, it’s still alive and full of buzz.
The third-party app userbase was a small percentage of the site.
Most people are indifferent and so they keep using it.
it is legit nothing but bots and reposts. there’s more oc here on Lemmy in my experience
There are magnitudes more OC on Reddit than Lemmy just by nature of their user base size. There are bots and reposts, sure, but Lemmy pales in comparison to the amount of OC on Reddit
There’s actually plenty of user activity there.
Enough to make the outrage negligble.
You say investors see lots of active users who actively hate the site and don’t see future growth.
I think they see a lot of users who say they hate the site but despite that they still use the site and the numbers continue to grow. To me that sounds like a dependent user base that even through hard times continues to grow.
People hate CEOs but can be so dumb…
Do you think those VC vultures are looking at those numbers in a vacuum? I highly doubt it.
I think VCs are idiots… so yes.
Few industries in finance are harder to break into than VC. They’re mostly incredibly smart, but it doesn’t come off that way because they’re focused on near-term financial returns moreso than developing a usable product. They’re eyeing an exit, so they just need to inflate financials to get maximum return
Precisely this.
C-suite cares about one thing: “Number go up”
They do not give a shit why people are still on reddit. They look at the site traffic analytics and as long as the numbers are going up, they think they’re doing the right thing. Your mere presence on the site is only seen as opportunity for them to squeeze out more ad revenue.
“But I don’t click on the ads!”
They don’t care about that either! Every time an ad appears on your screen, that gets recorded as a data point in their analytics, regardless of whether or not you interact with it.
They just want to see the numbers go up. They don’t care how it happens, as long as it happens.
If you want to hit them where it hurts, stop engaging with the site.
deleted by creator
They don’t care. You’re not even bed bugs to these people. You’re just the siren that’s heard 20 blocks away downtown at 10 pm.
No biggie. Par of the course.
The black hole? Do your homework, it’s the void.
Btw. Why just “fuckspez” the Lemmy mascot would be better.
“Oh no, anyways…”
Says the Reddit execs as they show off their numbers to VCs as they prepare for their IPO
Yes, they ban moderators in the full knowledge in reducing the quality and well behavedness of users and to increase traffic by upset people. This is exactly what they want: upset people = engagement. This how Twitter works or maybe used to work, I didn’t follow the recent changes too closely.
100% agree. I’m one of the April Knights that team up every April Fool’s for the events. They are 4000% doing this to boost numbers. Fuck them entirely. I refuse to participate.
That being said, we need to have our own April Fools event. I wonder if anyone would be interested in this? If there is enough of it, I’ll see if I can take on a new coding project.
I have no idea what you’re talking about but that sounds like a great idea
R/place will increase their traffic no matter what. At least the picture can convey the protest message so they know we aren’t going to move past it that easily. Plus, keeping r/place open all day is increasing their server costs while providing no ad revenue. I don’t go to reddit other than to spread to good word of Lemmy and to downvote admins so I think that has more benefit to us than to them.
As if that means anything to them?
You’re a minority.
Reddit admins ABSOLUTELY RUINED by frequent EXPLETIVES and DOWNVOTES
I don’t think we are a minority at all. Look at any admin communication and all you see are complaints related to the changes. Also I think the protests actually are hurting moral at Reddit, and could potentially affect their IPO, but I’m mostly just enjoying a bit of schadenfreude from watching how poorly things can go for them. I know it won’t affect their decisions in the end. https://lemmy.world/post/1796444
If you think their individual contribution there doesn’t matter, why do you think their individual contribution leaving the site matters.
We’re always a minority.
I don’t think it matters.
I left the site, disappointed, because Reddit was great. I’m a transplant.
I understand why everyone is angry. It’s a natural response, but after 2 months of this you’d think we’d have realized that there isn’t much that can be done.
Reddit is going to aim to profit. There isn’t much to it beyond that.
or write ‘join lemmy’ so you take away the numbers in the long run
I think it would be beneficial if we get Lemmy exposure on there. Sure their numbers might go up but some people will leave knowing how shit the platform is.
I guess a better marketing ploy would have been
A good rhyme and well-justified text can do a lot of hard work.
Speak for yourself
I did stop interacting with Reddit, I only put one pixel in because there are still a lot of people there that haven’t given up yet and this is their way of protesting.
Even if it’s not the way I choose for myself, I still respect them for holding the ground.
This is my homage for those people.
You’re addicted and use this crap to rationalise it.
Scientific diagnosis
One doesn’t need to be a scientist to see that you are incapable of leaving Reddit. Look at all your justifications for staying.
Kid I’ve been on Lemmy way longer than you because I started searching for alternatives way before the whole thing blew up.
You silly guys that joined 1 month ago with your last minute righteousness can all line up and suck my balls , but before please take all those bull shit out of your mouth that’s not really hygienic
Lmao oh this is a Lemmy seniority test now?? It’s a website haha. Mazel tov on you being here longer. You truly are worth praise for that. But if that makes you feel better and happy then I want you to have it :) who am I to take away your self worth?