Oh good, some breathing room to finish Voyager’s new onboarding flow
Onboarding flow? Are they making like a fediverse tutorial or something?
I’ve been adding signup support and making login a bit nicer too. Some screenshots
oh shiiiit you’re the voyager dev! Pretty legit, the changes look helpful
I do wish they tried to push people to smaller servers instead of cramming everyone in the same top 3. Send people to the server which matches their interests
Voyager?
It was after Deep Space 9
Also in eurovision
Also one of two shuttles that have been exploring the universe outside of our solar system. Think one is dead now though.
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It’s a Lemmy client. One of many. :)
I’m using it right now, it’s so much more usable than Lemmy. But that’s whats great about opensource. You can come up with your own changes or a big group can polish an ugly turd into something awesome.
I’m on voyager now. Thank you. :)
My shortcut is still called wefwef but I know what I’m using haha, I’m just lazy.
I love the app and you made my transition from Apollo so easy. I would probably be wandering around in the dark with no content if you hadn’t pulled this off. So again, thank you.
Cool. That’ll be a fun trainwreck to watch.
Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian, Reddit became best known for its niche discussion groups and its users voting “up” or “down” on the content posted by other members.
I appreciate this extremely sly shade at Steve Huffman.
He’s not an entreprenuer because he didn’t do dick between leaving Reddit and coming back to Reddit whereas Ohanian had a few other companies in his back pocket.
I mean, Ohanian sucks, too, but this sentence is just Reuters kicking dirt in Steve Huffman’s smarmy little bitch face and I’m fucking here for it.
Shoutout to all the tip of the spear folks here on lemmy for devaluing reddits ipo. Even if it makes a minimal dent kudos for taking the more difficult road and standing on principle.
I’ve tried to go back to Reddit occasionally and it’s garbage, vastly more garbage than I remember last year, from the web design down to the userbase. Whereas I can’t recall a single time I’ve been on lemmy and encountered an [undeclared] bot
Same. It’s pretty damn terrible.
There are a few bots, mostly spammers. If you mod a community, you can see them. They’re typically caught by the spam filters before I even notice they’re there.
Just today I noticed how low skilled the reddit base seems to be in my general meme/tech/piracy thrmed feed.
So many basic questions that could literally be answered by or get a start on from ChatGPT etc.
Instead they pollute the subs with their low effort requests for help or guidance.Example: How to get started on pirating anime.
That was a legit title…
The younger generation is less tech savvy than the millenial generation who were forced to figure stuff out themselves and didn’t have smartphones.
I get the idea that a lot of people who emigrated to the fediverse are older and also more tech literate given all the linux memes.
I don’t want to bash those folks that want to liberate themselve but this is either a designed request to engage discussions (state a correct fact, nobody responds vs. state a purposefully wrong fact and everyone and their dogs will come to correct them) or they are literally unable to search google on how to pirate.
This is like being unable to look up porn by themselve searching “Woman tits naked”.
You have a point. Helps increase engagement, like making a spelling mistake or rage bait.
Tiresome, but common.
You too buddy!
The fediverse has better memes anyway
Although the Star Trek memes factionalized faster than I would have expected.
And Huffman’s programming skills weren’t even that great because they quickly brought in Aaron Schwartz to make it all work, yet they always conveniently leave him off of the founders’ list.
This is literally the story of almost every successful tech venture. Even in the company I work for, the CEO was a former salesperson while the dev who started it all was still a dev after 20 years. He singlehandedly created the entire product catalog but no one outside of the company knows his name. The CEO’s name is all over everything, including a “book” he “wrote”.
There’s always a low profile nerd somewhere in the background who is absolutely key to the whole operation but they rarely get cred.
Man I wish you were wrong but I have seen this exact thing 95% of the times I had a look behind closed doors of companies.
And even more dumb: this nerd usually gets undervalued, and as soon as they leave, it takes about half a year for ppl to realize how fucked they are and frantic recruitment noises to fill the offices in the hopes to pick up the pieces.
There is a certain satisfaction in leaving a job and then hearing they had to hire three new people to do what you did.
Huffman was fucking pissed about how good Alien Blue and Apollo were. He bought and absolutely fucking ruined AB and when he couldn’t buy Apollo (he tried) he crushed it under his boot heel.
Contrary to many in here, I don’t think this will cause another exodus from reddit. those who might be concerned by this have already left or reduced their time on the platform
If Facebook hasn’t had a mas exodus, neither will Reddit.
Facebooks death is slow and ongoing, and I’m pretty sure Reddit’s will be too.
If you move from facebook to instagram or threads why move at all?
Because many more people are concerned with where their friends are and what’s cool.
Yeah I understand that but I mean it’s same hands so why try at all.
Because they don’t care who owns what platform. They care that they’re different and only some of their friends are on one of them and not the other.
I don’t know where you are getting your numbers. maybe it’s your selection bias, but facebook’s userbase keeps groing, and even if its getting less teenager engagement, those teenagers are flocking to Meta’s other platform Instagram.
Or threads 🙄
I’m curious how they will tank their worth by then, as is tradition.
Fuck Reddit. Scumbags.
RIP Aaron.
RIP Aaron indeed. May his fighting spirit be the anchor point for any community that’s succeeding Reddit.
Aaron’s actions have inspired maia arson crimew.
Amen.
Isn’t this just a business article?
about a tech company
They’re still trying to do that?!
I’ve never bought options before, but I’m in for 10grand and shorting the shit out of this.
Not financial advice, but there’s been a few times I wanted to short something (I didn’t in the end) but one thing to watch out for after an IPO is the date insiders are allowed to start selling stock. It’s often 6 months or so after the IPO and can cause share price to drop.
So if a company jumps in value post IPO, there might be an opportunity to short it at some point, with the options expiring a period of time after the insider sell off date.
I imagine I’m going to do some paper trades on reddit on this and see what happens. I’m rooting for them to do poorly. Fuck u/Spez
Edit: And to clarify, I mean buy puts on something. I’d never short something directly.
I think what may buoy them is the fact that you must append “Reddit” to searches, however, ChatGPT, DuckDuckGo, and Kagi are giving them a run for their money
If you’re serious, just remember the old saying “Markets can remain irrational a lot longer than you or I can remain solvent”
Oh I learned this the hard way
I don’t really care about Reddit but this is probably a bad idea
Proof or ban
Oh wait, I forgot we aren’t on wallstreet
We need a Lemmy version of WSB
A summoning circle for corpo bots?
Do we really though? Don’t get me wrong it’s some of the most entertaining content I’ve seen on the Internet but I think it brings more harm than good on the whole, especially with the fervor around GME that spun off into being downright delusional. I’d prefer if we don’t end up bringing that over here tbh.
I think the ‘old’ wsb even would be sort of borderline with the egging on and memefication of gambling one’s life savings on weeklies
I guess I mean the old version prior to the GME and AMC fiasco.
Usually they don’t allow options on new stocks until after the cutoff period. Unless your broker allows naked shorting.
Probably not through some online broker, but OTC with an actual trading desk you can short just about anything. In the end it’s just a contract.
Well then you need someone on the other side of the deal.
TLDR how do?
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Short version: don’t
Long version: doooooooooont fuck with options. Knowing that reddit is going to tank is not enough of an edge for you to be able to make winning trades
You know. Fair enough!
Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian, Reddit became best known for its niche discussion groups and its users voting “up” or “down” on the content posted by other members.
Disgraceful, disgusting, lying scum. Say his name: Aaron Swartz
Aaron Swartz actually didn’t found Reddit. He built a similar company that wasn’t gaining traction, and as both of them were under y-comb and Reddit secretly seeded fake accounts, Swartz and y-comb decided to merge into Reddit. Swartz was sort of their first and hardworking employee instead of a co-founder.
Reddit doesn’t exist without him period full stop. His didn’t get traction and theirs didn’t work.
Not the same thing.
Agreed.
Well we have 6 weeks to prepare for the next mass exodus lads and lassies
i.e. Have a backup account on a small instance ready for when the big ones get ddos’d
Do one better, run your own instance
After the CSAM spam? Hell no.
Why should the IPO change anything at this point? It’s not like it’ll have any immediate effects on the website.
It’s not the IPO that will cause the exodus. Its the first actions that Reddit takes to appease shareholders that will cause people to leave
The Lemmy Piracy communities are about to receive the last of the dedicated reddit holdouts.
With the latest decisions related to discussions of piracy on Reddit I wouldn’t be surprised if piracy specifically gets added to a list of banned topics.
Can someone tell me what IPO is, and act like I’m not an idiot XD
They’re going to start selling shares of the company on public markets
An IPO is an initial public offering. It is when shares of the company are being sold for the first time. This allows a company to (potentially) raise an enormous amount of money to expand their business.
When people buy and sell stocks or you see stock prices being reported on this is more or less a secondary market, people or investment firms trading stocks amongst themselves. The company doesn’t get any money when a stock trades hands in this fashion.
An IPO is different. The company is selling little pieces of ownership and the money from those sales go into their coffers. To raise the most funds the company wants to convince potential buyers that the company is valuable and is now or will soon be profitable (and will pay a dividend out for each share owned). This assessment of value (called valuation) is often complex and can take a long, long time.
Reddit’s recent effective shutdown of third party apps to force mobile users onto the Reddit mobile app was almost certainly an effort to get a better valuation. It shows potential buyers of shares that the content on Reddit can only be accessed on mobile devices via an app that the company would get the ad revenue from.
All the kerfuffle and shakeups at Reddit have been leading up to the big day, the IPO. The big news scoop is that that date has been set for March.
It also is used as a cash cow by many startups where the IPO will get them nice bonuses, large amounts of valuable stock that they can then sell.
This is honestly what I expect from asshole apex as well
Thanks a lot, this is a great explanation! You should be a teacher
This is super informative without being condescending, wonderful job
I hope you have a great day!
Thank you and I hope you have the same.
I hope the STONKS Apes are ready…
They will short the fuck out of it. There is literally no way this company can make money without making the product so much worse they will really start bleeding the users they need for revenue. It will explode on launch week and crash two or three weeks later.
Long short, long volatility until it flatlines. Basically free money. Their product is users and their data. If they upset the ecosystem users leave and decrease valuations… leads to layoffs and cost saving measures. Rinse and repeat until sufficiently dead.
The second they’re publicly traded layoffs will simply be part of the cycle regardless of stock performance. C-Level must be seen to do SOMETHING to generate profits, or at least try. Regulators suck hard at following up on anything, but you gotta play by the book to keep them from sniffing around.
I’m also fully expecting this to be a case of butchering the pig. Huffman and the other cunts in charge will sell of their shares, make millions and run it into the ground. Much less scrutiny if a publicly traded company evaporates due to bad stock performance than when a private company suddenly disintegrates and the C-Level runs away with all the cash. Blame it on the STONK crowd and you’re literally golden.
I’m sure they’ll try and make as much money on the way out as possible, but tinfoil: This is the start of the end with a certain degree of intent by those in charge of that fucking company.
Without a doubt. They can’t reasonably increase revenue so they need to pad* the books with layoffs. Those will result in the platform rotting out (further) from the inside. That’s the long short position. Long volatility while the price bounces around like a coked up jack russel terrier.
Wouldn’t be surprised to see lemmy activity spike in March. Probably not as big as during the API debacle, but still.
The offering would also test the willingness of some Reddit users to back the company’s stock market debut. Many investors posting on the platform have helped fuel dozens of “meme” stock rallies in the last three years.
Whatever nonsense the’re implying here is twisted and awefull. Like they owe it to the platform?
How are futures doing on MemeEconomy?
Over here on Lemmy, Star Trek memes are doing fine, so that bodes well for our future stonks.
No idea, my account over there got soft-locked more than a year ago, moved here when Apollo stopped letting me lurk.
Surey those communities moved over aswell? Cant imagine its more then bots and my dad nowadays.
