Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

Reddit isn’t profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform’s API

gk99
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701Y

I’d argue reddit lost their identity days ago. Several iconic communities and features died with the API slaughter. Now it’s just another link aggregator without the things that made reddit unique.

@thehatfox@lemmy.world
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91Y

Yeah the risk has definitely already materialised. Reddit is forever changed even if it’s still alive.

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