A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

  • zalgotext@sh.itjust.works
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    9 months ago

    I don’t get why, if these people hate Reddit so much and they want the IPO to fail, why are they still using the platform?

    Could be several reasons:

    • they’re addicted
    • they don’t know any alternatives
    • they still like using the platform, they just disagree with the financial/executive decisions being made
    • the alternatives don’t have equivalent communities
    • their communities don’t want to move to an alternative
    • they like the alternatives even less than Reddit
    • DumbAceDragon@sh.itjust.works
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      9 months ago

      Honestly, Lemmy just does not have the amount of niche content nor the large userbase of reddit. I don’t even bother following communities here because there’s barely enough on c/all.

      The only reason I haven’t gone back to reddit is because I know for a fact things are only gonna get worse on there. That, and pure unadulterated spite.

      • odelik@lemmy.today
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        9 months ago

        My biggest problem with lemmy is discovery.

        I can’t find shit I want unless it comes across all and I find it interesting.

          • leviathan3k@sh.itjust.works
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            9 months ago

            When the volume of potentially relevant and interesting content is enormous to the point that a standard human brain can’t possibly hope to filter through all of it in reasonable time, the algorithm makes plenty of sense.

            I just want a fair algorithm that represents what is best for me and us.

    • KrokanteBamischijf@feddit.nl
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      9 months ago

      Yeah that’s the thing. Users stick to reddit because they have ties with the individual communities, not so much the platform itself.

      People used to use Facebook for similar reasons. “Because all my friends are there”. Not because Facebook was so great.

      It can be difficult to leave communities behind that you feel a part of, even if you just lurk most of the time. The fact that reddit was turned into a corporate dystopic shitshow does bother users, but it hasn’t outweighed their needs to still be part of their respective communities.

      But seeing as official reddit sources claim that “they’re still in the early stages of user monetization”, it might not be long before we see what’s left of the platform turn into the biggest dumpster fire the internet has ever seen.