this post was submitted on 01 Jul 2023
136 points (97.2% liked)

Reddit Was Fun

6551 readers
1 users here now

Memorial to "rif is fun for Reddit" Android app, aka "reddit is fun", shut down after June 30, 2023

founded 2 years ago
MODERATORS
talklittle
Smithsonian
136
Do you think reddit will survive this? (self.redditwasfun)
submitted 2 years ago by Tandybaum to c/redditwasfun
95 comments fedilink hide all child comments
 

Will they go the way of MySpace or will this truly blow over in a few week?

you are viewing a single comment's thread
view the rest of the comments
[–] lennybird 2 points 2 years ago

Fair comment, thanks. I guess I read too many articles recently, detailing their declining valuation and that their value was artificially inflated somewhat by bandwagoning investors - - but that's not quite the same.

As you point out, it seems they're just grossly inefficient with what are pretty large existing revenue streams (ads, reddit premium).