I’m not sure if this is new, but when I clicked on the /r/pics protest post link from the frontpage here, I was redirected to this: https://old.reddit.com/premium
I’m not sure if this is well-known or not that they’re pushing it now, but it’s the first time I’ve seen it, especially on old.reddit.
I don’t think the street is that dumb in current year. This isn’t 1999 where you could scream OMG LINUX and get a few hundred million. The VC purse strings are tight, the brand has been in decline for a decade, and all the political horse-picking won’t help them.
The blockchain, NFT and AI hypes suggest otherwise.
blockchain is cool for money laundering. NFT is useful for scamming. AI actually seems to do something useful to someone.
The stock subs want to short reddit…
I could see the price crashing to the point it gets “owned by users” but that could take years, and this is basically the end result already.
I just can’t see reddit ever bouncing back. It might never end, but it’ll be like Yahoo Answers