Reddit is like the restaurant you’ve been going to for several years that was a mom & pop operation with awesome food and atmosphere. It got popular, and the owners made it a chain, so you could get the same food in a lot of different areas. The quality started to go down as they expanded, but it was already very popular. Then the owners started raising the prices, and the atmosphere started to get way less awesome. At some point, you realized that it’s not the restaurant you fell in love with, and it wasn’t a good value anymore, so you started looking for a similar kind of restaurant that was more like that one was early on. But the chain is still really popular, and a lot of people just keep going because it’s what they’re familiar with and they know the menu - they don’t want to go to the work of finding a new place and they’re content with what they’re getting there. The people who have left are a drop in the bucket so far, and the chain restaurant is likely to continue operating for the foreseeable future.
I remember almost everyone use facebook at a time, even chinese use facebook before it was walled off in china. But then everyone got angry because facebook got worse and anti-user and some deleted account. Yet, facebook is still kicking
In a nutshell, the communities move on to a more culturally and technologically suitable perform
Life is short, it is wise fast track to Acceptance for five stages of grief. The best punishment for Reddit admins is to be forgotten
Facebook is still kicking but they had to buy Instagram because they were bleeding users to it like crazy. They’re not declining in usage because the Internet (number of connected people) is still growing, but their user growth has slowed down significantly, to the point where they had a quarter with a decline in daily active users. That’s bad for a platform like that, and their stock price has reflected that.
Reddit is like the restaurant you’ve been going to for several years that was a mom & pop operation with awesome food and atmosphere. It got popular, and the owners made it a chain, so you could get the same food in a lot of different areas. The quality started to go down as they expanded, but it was already very popular. Then the owners started raising the prices, and the atmosphere started to get way less awesome. At some point, you realized that it’s not the restaurant you fell in love with, and it wasn’t a good value anymore, so you started looking for a similar kind of restaurant that was more like that one was early on. But the chain is still really popular, and a lot of people just keep going because it’s what they’re familiar with and they know the menu - they don’t want to go to the work of finding a new place and they’re content with what they’re getting there. The people who have left are a drop in the bucket so far, and the chain restaurant is likely to continue operating for the foreseeable future.
I remember almost everyone use facebook at a time, even chinese use facebook before it was walled off in china. But then everyone got angry because facebook got worse and anti-user and some deleted account. Yet, facebook is still kicking
In a nutshell, the communities move on to a more culturally and technologically suitable perform
Life is short, it is wise fast track to
Acceptanceforfive stages of grief. The best punishment for Reddit admins is to be forgottenFacebook is still kicking but they had to buy Instagram because they were bleeding users to it like crazy. They’re not declining in usage because the Internet (number of connected people) is still growing, but their user growth has slowed down significantly, to the point where they had a quarter with a decline in daily active users. That’s bad for a platform like that, and their stock price has reflected that.
That’s McDonald’s in a nutshell… look at the Ray Kroc documentary
This is probably 95% of businesses that get popular and grow big.