Reddit was already bad enough before they went public. Going public makes a company so much less trustworthy, and so much more beholden to government and other big business over their own protection of their users and products to grow their platform.
Partially it happens at the moment when a company’s growth is rather saturated and they decide to maximize revenue, the entire corporate internet reached that point in the last 5 years really, the enshitification.
Read about this today and decided Reddit can fuck itself, after being told about Lemmy from a Reddit user. Fuck the oligarchy.
Reddit was already bad enough before they went public. Going public makes a company so much less trustworthy, and so much more beholden to government and other big business over their own protection of their users and products to grow their platform.
Partially it happens at the moment when a company’s growth is rather saturated and they decide to maximize revenue, the entire corporate internet reached that point in the last 5 years really, the enshitification.