Post #4442410
2026-07-31 17:45 UTC
CEO Steve Huffman said, “These deals aren’t binary. They have to make sense for Reddit, but there are many ways, I think, for the value to return to Reddit.”
lol - “The value has left Reddit”
-/u/spez
Who could imagine when you piss off:
third party devs who make the apps your best contributers use
your unpaid content creators
your unpaid moderators
…that the “value” would leave 🤣
Replies (3)
-
@Remember_the_tooth@lemmy.world 2026-07-31 19:05
Yep, it was the API thing that finally did it for me, but looking back, I should have seen it coming after all of the other stuff.
-
@JensSpahnpasta@feddit.org 2026-07-31 20:04
Reddit never was the same after the whole API/Mod fiasco. Many subreddits simpy died. Old users that made the site what it is left and there were new ones, but the whole vibe shifted.
-
@jimmy90@lemmy.world 2026-08-01 07:12
Revenue of $804.9 million beat estimates of $731.8 million. However, US daily active users came in at 53.2 million, just shy of expectations of 54 million. The company’s total daily active users grew by 18% to 130.3 million versus estimates of 130.07 million. reddit is fine