258 upvotes, 11 direct replies (showing 11)
View submission: $RDDT’s future after 40% drop?
DO NOT PAPER HAND. Thank me in 10 years.
RDDT is at the same point in the enshitification cycle where Facebook was 10-15 years ago. As user growth naturally tapers down, they'll throw on more and more ads and influencer content, until it looks like... FB today. Profits will go to the moon. UX will suck but investors won't care.
Look, this isn't some technology that may or may not work out. It's a well-worn path in the tech industry.
The stock is tanking because it has negative 12 mo earnings at this phase in its cycle, and because the AI bubble is popping in light of China beating all the US stock market darlings. Keep in mind that RDDT is sitting on a gold mine of data: real life users asking advice to solve problems for the past 20 years. Any AI capable of regurgitating a summary of those data will be salable.
Comment by mikhael4440 at 08/03/2025 at 04:27 UTC
130 upvotes, 3 direct replies
Fr reddit is where I actually go to get answers for some obscure questions because there will be some random sub of enthusiasts who spend way too much time on random shit. It has a valuable niche
Comment by The-Phantom-Blot at 08/03/2025 at 00:05 UTC
13 upvotes, 1 direct replies
Hmm, maybe that's why Reddit search is so bad. All the data that users added is still technically public, but nobody can find anything older than 1 month. That way, they can sell it back to you.
Comment by Baronhousen at 08/03/2025 at 05:01 UTC
4 upvotes, 0 direct replies
So buy this dip
Comment by Pin_ups at 07/03/2025 at 22:39 UTC
9 upvotes, 0 direct replies
Aren't nobody waitin' ten years, ya out of vulcan mind?
Comment by chastity_BLT at 08/03/2025 at 05:41 UTC
7 upvotes, 1 direct replies
Nah Reddit has nowhere near the trove of personal data that Facebook has and is able to sell to advertisers wanting to target individual consumers. I don’t think redditors will put up with a bloated UX like Facebook users do either. Digg tried to commercialize at a large scale and it killed it. Reddit might be smarter though and make smaller, subtler changes over time instead of dipping the switch like digg did.
Comment by fnezio at 08/03/2025 at 10:58 UTC
6 upvotes, 0 direct replies
RDDT is at the same point in the enshitification cycle where Facebook was 10-15 years ago.
You must be out of your mind. FB became shit but Zuck still had INSTAGRAM and WHATSAPP. Reddit is becoming shit and what do they have? Nothing.
Comment by aprilproam2019 at 08/03/2025 at 07:41 UTC
7 upvotes, 0 direct replies
The ai bubble is “popping” because of 25% semiconductor tariff moron
Comment by Skittler_On_The_Roof at 08/03/2025 at 10:40 UTC
1 upvotes, 0 direct replies
For every Facebook there's a MySpace. With AI bots inevitability there's no telling which way it goes at this point.
Not to mention Facebook has a solid foundation on families keeping up with each other and local aspects like Marketplace and various neighborhood groups, local activity groups, etc. People relying on it to organize real events. It locks-in people who would normally abandon social media to see their relative's new baby photos or coordinate and advertise bake sales. While Reddit is the type of site that causes people to abandon social media, and as a halfway it's still useable as a lurker.
Comment by lordofhunger1 at 08/03/2025 at 12:03 UTC
1 upvotes, 0 direct replies
My pizza didn't taste great with glue, but I'll be damn, the cheese didn't slide off.
Comment by Perry-Boy1980 at 09/03/2025 at 15:25 UTC
1 upvotes, 0 direct replies
brutal drop since earnings, listen to this guy though,100 bill mkt cap and in the sap 500 in 2-3 years
Comment by Sir_Bumcheeks at 09/03/2025 at 19:53 UTC
1 upvotes, 0 direct replies
Logically, reddit's ad system is absolute garbage for advertisers. If it gets an overhaul profits will soar.