this post was submitted on 27 Jun 2023
161 points (100.0% liked)

Reddit Migration

84 readers
2 users here now

### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

founded 1 year ago
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 year ago (1 children)

It doesn't have to die all of a sudden; once it becomes obvious that it's peaked, nobody will be willing to underwrite them losing money anymore and they'll go through progressive rounds of layoffs and shittier monetization strategies until there's nobody left.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

That I can see. Will be interesting to see how much of a hit to their IPO this was.