Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.
No it does not indeed.:-|
It’s worth noting that Reddit changed too, permanently, both in terms of ease of use (not only 3rd-party apps, but also the mobile and desktop browser routes too) and in how many content creators simply left - who knows what they are even doing now (reading books, touching grass, some came here ofc). Even many niche subs over there are empty, dead, or one may consider them dying from lack of interesting content (though those people still there I expect would be resistant to admit that).
And it will be interesting to see how that changes further, the moment they get their IPO and thus can finally kill off old-Reddit, which still allows you to block ads iirc? That will drive additional content creators away. Perhaps they will come here - despite how we are not ready for that.
Anyway, the old Reddit is just flat gone, for many people, and there is no going “back”, ever, even if you wanted to, it’s not there to return to, especially after the IPO changes it still further.
I still visit Reddit and that’s definitely been my experience - my front page diversity has gone way down, many of the subreddits I am subscribed to have basically gone silent. There’s still a few specialized ones left, and the big news ones I still read, but only in old reddit. When old Reddit is gone then so am I.
Why wait? Jump now! Hehe, okay so only you know your schedule, it’s mostly just a funny phrase (but also: don’t sleep on it forever - you don’t want to be surprised one day when it disappears overnight with no notice).
For me, it’s not just emptiness - it’s the site being devoid of content anymore. Like look at r/firefox after the mods left (I forgot which communities got ousted vs. who left voluntarily, but either way that community packed up and followed them iirc). It is all just the most basic of questions “how do I…?”, often with later edits “I should not have bothered asking, these people will just yell at you”. Just about every post has 1 or 0 upvotes (though more uncommon spikes above 10 do exist, and even rare ones with hundreds), but the titles of the popular posts are all things that are extremely common knowledge - “Mozilla says Apple’s new browser rules are “as painful as possible” for Firefox”, “YouTube is loading slower for users with ad blockers yet again”, “Will Firefox survive in the browser market?”, “Chrome wants to track me? Bye. I use Firefox …”, “Google settles $5 billion privacy lawsuit over tracking people using ‘incognito mode’ (Re: Switch to Firefox ASAP).” These are things that I constantly hear about on Lemmy.
And even more than that, I dread speaking there after Rexit - the trolls omg the trolls… it’s just not fun. Then again, I tended to make posts advertising useful alternatives to Reddit, so you could argue that I brought that upon myself? :-P (edit: although in a community that calls itself by the name r/RedditAlternatives, THAT was the POINT of the discussion that we were TRYING to have there!!)