This has been fun to watch. Reddits been working to deteriorate its quality for a long time. The major disappointment is that they aren't a publicly traded company so there is no way to make money on their downfall.
It's truly baffling. The editor for comments is buggy, regularly posts comments twice, can't handle copy/paste properly, "there was a problem" and "you broke reddit" error messages on refresh are a common occurence, and just opening a thread takes more than 5 seconds on average. The video player does not work most of the time.
Then I saw the official reddit app, and it manages to be low quality in all kinds of places the website redesign managed to miss. Being on the mobile web version constantly nags you to download the official reddit app, and the nagging popup causes the position you were in the comments to be reset, for extra annoyance.
Without old.reddit or 3rd party clients I find Reddit unusable.
When you use their "app" it works, but if you use a browser it breaks.
The URL escaping syntax is one difference, but another one is that the two renderers support different syntax for monospaced code blocks. As you can probably imagine, that wreaks havoc on the formatting of posts in programming subreddits.
https://www.businessinsider.com/leaked-twitter-documents-ad-...
Not that it's worth much but I recently deleted my Twitter account (and then a few weeks later, also, my Reddit account)
Still, for all the fire and brimstone predicted (and I was one of them) it's running, and probably capable of running at a loss for quite some time.
He has other companies that you can short if you truly believe this.
SpaceX is private (and Shotwell seems to be running it just fine), Twitter is private, Musk is no longer involved with Paypal, Boring Co. is private... am I missing anything?
Honestly, I think going public again with Twitter could be a smart thing. Not now, but later when more ppl dropped their grudge. Retails would probably be more inclined to buy Twitter stock rather than banks.
There are also rumours that Twitter will be cash flow positive by the end of the year.
Do we have reason to believe that's going to happen anytime soon? I was startled to hear an 80 year old elderly woman look at my car and then say "I'll never give that man any of my money." So it's pretty mainstream now.
Elon has always had a tendency to talk out of his ass, but mostly nobody paid attention. Now the whole world watches, but he doesn't stop acting out. He'd have to cut back on the nonsense before memories can start to fade.
Maybe Reddit never put in many dopamine triggers like other social media (but Twitter is more than dopamine hooks). And maybe they didn't monetize hard also.
These days, building community is better in other tools now: eg. WhatsApp works (shrug). Knowledge-share type discussions is better even in google groups tbh. Maybe Reddit is a good place to vent haha?
I do! But just the paper value. The maximum value for humanity would be if they would've just kept going like a few years ago, I guess? But I can understand if investors want ROI.