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.

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[–] futatorius@lemm.ee 1 points 9 hours ago

Let me know when spez is living under a bridge, so I can go piss in his cardboard-box shelter.

[–] Mrkawfee@lemmy.world 6 points 14 hours ago

Good, fuck Reddit

[–] El_Azulito@lemmy.world 17 points 21 hours ago (6 children)

I still have no idea why I got permanently banned. The interestingasfuck subreddit said I had multiple violations across accounts—something vague about participating in the Trump subreddit. Apparently, if you so much as post in that subreddit—whether you’re agreeing with them or talking shit to the MAGAts—then go back to interestingasfuck or any other sub with the same rules, they’ll permaban your account. And not just that one—they’ll ban any new accounts you try to make too. So honestly… I guess I DO know why I was banned, but compared to the vitriol I’ve seen on there, mine was not warranted. I’ve even appealed. Fucking hate Reddit now. Cowards.

[–] Necroscope0@lemm.ee 8 points 18 hours ago (1 children)

Apparently all you have to do to get banned from Reddit these days is to hope Musk's penis implant explodes and burns him to death from the dick up. Worked for me!

[–] TangledHyphae@lemmy.world 5 points 16 hours ago (1 children)

Yep, someone in another sub once said "I hope your plant dies" and their whole account was permbanned for "inciting violence". Against a plant. Hysterical. That site is cooked.

[–] futatorius@lemm.ee 1 points 8 hours ago

I get banned once for saying I wanted to see justice done. "Inciting violence."

[–] ByteOnBikes@slrpnk.net 8 points 20 hours ago (1 children)

You were banned because you were obviously a person.

Have you seen the comments lately? Most of it looks like AI bots are replying to AI, upvoted by other AI bots.

[–] TangledHyphae@lemmy.world 2 points 16 hours ago

You got me really curious so I prompted ChatGPT to give me a redditor style comment that's anti-Trump followed by another far-left redditor's reply to it and this is what it gave me:

Original Comment (Left-Leaning Anti-Trump Perspective):

"It's honestly mind-blowing how Trump still has a cult following after everything. The man was impeached twice, incited an insurrection, and openly grifts his supporters with fake fundraising schemes. And yet, somehow, people still think he's their 'savior.' The cognitive dissonance is off the charts."

Far-Left Redditor Response:

"Because the system is fundamentally broken. Liberals act like voting blue is enough when the entire establishment—from corporate Dems to the GOP—is complicit in maintaining capitalism's stranglehold. Trump is just a symptom of the rot. The real solution isn’t 'vote harder'; it’s dismantling the system that enabled him in the first place."

^ -- this seems to be disturbingly accurate, I can only imagine this being produced at automated scale at this point.

[–] turnip@lemm.ee 5 points 19 hours ago* (last edited 19 hours ago)

Its a really weird place during elections, they've basically banned anyone with the opposing view on enough issues that its a full blown echo chamber. People then go crazy during elections trying to get their guy to win and the echo chamber grows exponentially.

[–] Montreal_Metro@lemmy.ca 3 points 20 hours ago

I don’t care about being banned and I never read replies or check my inbox because it’s the internet and I don’t care.

[–] Rin@lemm.ee 3 points 20 hours ago

Same with offmychest. Banning people like that is also against reddit tos but reddit couldn't give less of a shit.

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[–] barneypiccolo@lemm.ee 29 points 23 hours ago* (last edited 23 hours ago) (1 children)

After the Inauguration, they had a bloodbath in February, permabanning many long-term, high karma accounts like mine (12yrs, 900K+).

These were the members who built Reddit into what it was, and after over a decade of high volume posting without getting banned, suddenly all of us made comments that earned permanent bans in the same month. Yeah, that's plausible.

Now that they've ejected many if the members that made Reddit a lively place to debate, they're stuck with novelty accounts, puns, bots, Russian Karma Farmers, shitposters, trolls, and general bullshit. I just went over to read some subs I love, and literally the first post I read was complaining about how long they had to scroll to get past the stupid puns to get to the real discussion.

Its been getting increasingly bad for a long time, but apparently it's gotten far worse lately, now that they decided to get rid of the red meat and go vegan.

I like Lemmy, but they don't have anything close to the active guitar forums that Reddit had.

[–] El_Azulito@lemmy.world 9 points 21 hours ago

Can confirm—I was a member since 2010. Got banned for logically going after MAGATs. Apparently, that’s not allowed anymore. What’s happening to this country—that people don’t even seem to have the cognitive capacity or basic mental equipment to recognize the freedoms being stripped from them in real time—is beyond disillusioning. It’s disappointing, devastating, and honestly hard to watch. And seeing younger generations, raised on flashing lights and internet brainrot, now stepping into adulthood? Oof.

[–] SirFasy@lemmy.world 3 points 14 hours ago (1 children)

Good, Reddit treats its users like preschoolers. If you say something even slightly against their rules, they ban you.

[–] Aux@feddit.uk -2 points 9 hours ago

Just like Lemmy admins do!

[–] x3x3@lemm.ee 10 points 19 hours ago

Good riddance

[–] Ironfist79@lemmy.world 31 points 1 day ago (2 children)
[–] ameancow@lemmy.world 13 points 1 day ago (1 children)
[–] Ironfist79@lemmy.world 7 points 22 hours ago (1 children)

I got banned and figured it was a good time to kick the habit any way.

[–] ameancow@lemmy.world 1 points 8 hours ago

It's much healthier without constantly seeing some bad-faith, AI-crafted post that tries to get under your skin, prying open your values and baiting your outrage so you can think you're actually achieving anything of value by biting the bait and trying to correct morons who aren't even real humans.

I do not miss the site.

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[–] pyre@lemmy.world 14 points 1 day ago
[–] Fingolfinz@lemmy.world 47 points 1 day ago (5 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

[–] barneypiccolo@lemm.ee 14 points 22 hours ago

Who could have foreseen that banning all the highly active, long-term accounts in the same month would have a negative effect? Now they can live with all their bots, puns, Russian Karma Farmers, novelty accounts, and trolls.

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[–] Skellysgirl@lemm.ee 16 points 1 day ago (4 children)

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

[–] futatorius@lemm.ee 1 points 8 hours ago (1 children)

There's an add-in that'll replace your comment's text with gibberish. I used that.

[–] Skellysgirl@lemm.ee 1 points 7 hours ago

Is it general gibberish or is there a fuck reddit gibberish? That would be fun.

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[–] ShittDickk@lemmy.world 38 points 1 day ago (7 children)

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

[–] Goblino@lemmy.studio 9 points 1 day ago (1 children)

I used to get banned all the time from liberal users too. Especially, when the whole Bernie Bro thing was happening. r/politics was the fucking worst.

[–] Dead_or_Alive@lemmy.world 4 points 1 day ago (1 children)

Are you me? Because I got banned from every group at one point or anotherc… r/guns, r/europe, r/politics, etc. etc.

Ironically what got my account permanently banned was a comment advocating for disabled access to buildings in r/Europe of all my comments I didn’t expect that one to get me banned…

After that I scrambled all my comments on my 10+ year old account into AI generated gibberish to poison the well and moved to Lemmy. Now I just use Reddit for porn searches.

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[–] foggy@lemmy.world 201 points 2 days ago (19 children)
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[–] satans_methpipe@lemmy.world 22 points 1 day ago (1 children)
[–] Rin@lemm.ee 1 points 20 hours ago

When i said fuck spez, that's exactly what i had in mind

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