Blaze@discuss.tchncs.de to Reddit@lemmy.world · 9 months agoReddit faces new reality after cashing in on its IPOarstechnica.comexternal-linkmessage-square24fedilinkarrow-up134arrow-down14file-text
arrow-up130arrow-down1external-linkReddit faces new reality after cashing in on its IPOarstechnica.comBlaze@discuss.tchncs.de to Reddit@lemmy.world · 9 months agomessage-square24fedilinkfile-text
cross-posted from: https://lemmy.zip/post/12276054 Reddit must now answer to its shareholders as well as its vocal users.
minus-squarequeermunist she/her@lemmy.mllinkfedilinkarrow-up24arrow-down4·9 months agoWrong. Reddit only needs to answer to shareholders. Users have never mattered.
minus-squarebitwaba@lemmy.worldlinkfedilinkarrow-up8arrow-down1·9 months agoIt’s the old adage: If something is free, you’re the product not the customer.
minus-squareccunning@lemmy.worldlinkfedilinkarrow-up1·9 months agoRight. The users are the product. What do you think happens when a vendor runs out of product? Users matter.
minus-squarebitwaba@lemmy.worldlinkfedilinkarrow-up1·9 months agoonly if they earn money. otherwise they’re something you can sell to an advertiser - and that’s the only value they have.
Wrong.
Reddit only needs to answer to shareholders. Users have never mattered.
USA: In Shareholders We Trust
It’s the old adage:
Right. The users are the product. What do you think happens when a vendor runs out of product?
Users matter.
only if they earn money. otherwise they’re something you can sell to an advertiser - and that’s the only value they have.