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Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)

submitted 5 days ago by [email protected] to c/[email protected]

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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

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[–] [email protected] 214 points 5 days ago (49 children)

Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.

[–] [email protected] 38 points 5 days ago

More or less. There aren't as many bots, and everyone is generally aware of traditional Internet etiquette (i.e. don't be an asshole). Lemmy also feels as homogenous as early Reddit: college-educated white people in western countries.

I started joining forums back in the late nineties and I've learned every place on the Internet is in flux. Things always change. Back in the day, stuff would happen like we would lose hosting because someone got sick of running a niche phpBB forum or the moderation team would change. When social media kicked off, changes were driven by money. Facebook was a big gaming platform in my college years (Farmville), which feels completely foreign to today's Facebook.

The smaller the community, the more stable it is. Some of those 20-year forums still exist, albeit in a much more diminished state. If a site/platform gets popular, that's when things can change quickly.

Lemmy has already changed since I joined and I'm sure it will become something different in the future.

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