If the market for initial public offerings recovers in the new year, one company that aims to go public early on is Reddit. An IPO will put the spotlight on the prospects for Reddit’s advertising business, which has fallen short of ambitious growth targetsoutlined by executives two years ago. ...
Did they? I had one of the top non-porn accounts actually run by a person (most high karma accounts use bots, I didn’t out of ironic laziness) and I haven’t posted or commented since whenever Day 0 was for rif is fun. I’ve been back a couple times for very specific things but not logged in or participating in any active way. Of course, I’m just one (high karma) data point, but I really don’t think I’m unique in this. I also have no real desire to contribute to Reddit again in the future. Getting off of it has been pretty nice.
Look, it’s not that people aren’t still posting, the site obviously still has content, but it really is just “content.” The quality of discussion I’ve seen has gone down pretty steep. Modding appears to be almost nonexistent in big subs or very agenda-driven otherwise. I think a lot of contributors who treated Reddit like old school forums have left and it’s slowly turning into a weird combo of Facebook and 4chan if that makes sense. If that’s what the userbase wants, go for it, I guess. But that’s not my jam.