this post was submitted on 31 Mar 2025
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Summary

Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.

Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.

Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.

Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.

Non-paywall link

(page 2) 50 comments
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[–] [email protected] 16 points 1 week ago (3 children)

Been and deleted every post and comment manually. Do I need to do anything else?

[–] [email protected] 7 points 1 week ago* (last edited 1 week ago) (2 children)
[–] [email protected] 4 points 1 week ago

The lock up period expired last year. The smart money left.

[–] [email protected] 10 points 1 week ago

Spez and csuites dumped their stocks months ago, probably squeezing the last ounce before they turn it into a Facebook clone, where FB is using AI of resurrected accounts to push right wing agendas

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[–] [email protected] 8 points 1 week ago (2 children)

This "company" has no real path to profitability to speak of.

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[–] [email protected] 48 points 1 week ago (3 children)

Spez can suck a taint. I was on there forever and immediately bounced once that bullshit banning stuff started happening. Should have left sooner but that was the final straw

[–] [email protected] 9 points 1 week ago (1 children)

He was pretty much on musks taint

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[–] [email protected] 9 points 1 week ago (1 children)

Yeah, same here. It took a few things over time to ultimately get me to leave, but my finding out many of my comments were being shadow-removed was it.

[–] [email protected] 5 points 1 week ago

I commented on a niche sub a few days ago, and it got shadow removed by the mod, don't even show up as a violation on the inbox, then it triggered a "suspicious activity on account ban, until I change password", also because I used a Firefox fork instead of the chromium browser

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[–] [email protected] 22 points 1 week ago (1 children)
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[–] [email protected] 18 points 1 week ago

I hope people keep buying and that it keeps losing money. I hope all these assholes investing in it lose a shit ton of money.

[–] [email protected] 38 points 1 week ago (6 children)

Maybe if they didn't ban their (majority) liberal users for having "opinions" on the current government, after nonstop rhetoric from conservatives.

[–] [email protected] 13 points 1 week ago* (last edited 1 week ago)

banning people for also calling out right wingers and trolls, worst is banning people for misconstrued statements, and also reporting people,g ets you banned.

like one time '18 a person asked why people were calling MICHELLE obama a certain way, i said the conservatives called her a gorilla, with gorilla arms, insta-banned.

they allowed astroturfing on reddit, which makes worst because they are tryint to "look fair" but refuse to do anything about the right wingers control certain subs.

actual POLICE(former and active) individuals control the legal and videos related subs.

[–] [email protected] 12 points 1 week ago (2 children)

ahhh is that why so many people are here now? I've been watching development and browsing but it was pretty dead for years until the last year or so lol

[–] [email protected] 12 points 1 week ago (1 children)

Half of reddit comments are all bots , and many posts are AI generated

[–] [email protected] 3 points 1 week ago

5 years ago there were entire subreddits of bot only discussions while they were training. Do you know of those? We had tons of discussions on them. This started before the LLM craze too.

wow that is hilarious https://www.reddit.com/r/findareddit/comments/14kxk9e/please_help_me_find_the_reddit_that_only_lets/

do not see the ones predating some LLMs though but anyway yea I think it was obvious what was coming

[–] [email protected] 7 points 1 week ago

That's why I'm here, last week I deleted my 12 year old reddit account

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[–] [email protected] 27 points 1 week ago (1 children)

Found a picture of avg Lemmy user blasting their Reddit accounts away.

[–] [email protected] 23 points 1 week ago (2 children)

Exactly why I'm here.

All the American rhetoric that gets shared about how theie government is becoming facist but any call to action or talk of action is instantly bannable.

Fuck Reddit.

[–] [email protected] 0 points 1 week ago* (last edited 1 week ago)

Twitter was one of the SC used for large political protests and movements in the middle east, Arab spring. Reddit probably the last place the conservatives are trying to route out and turn it into a propaganda machine. Reason why sports and entertainment isn't getting the axe because they are more or less the same thing as politics, helps with division, that's why alot of celebs have come out as a full Republican as of recently.

They even allow one to be on reddit regularly virtue signalling for veterans, as if you actually cared. He has an AMa, he had a epiphany once when he was in a movie about the Vietnam war(hint hint). It's not a coincidence he announced his party preference and came on reddit suddenly right before the election , I believe hes part of the right propaganda. At least compared to Jon Stewart, the actor seem kinda of sketchy

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