this post was submitted on 23 Jun 2023
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Reddit is in danger of a death spiral (www.zdnet.com)
submitted 1 year ago by doophy@kbin.social to c/news@kbin.social
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Can Reddit survive as its volunteer workforce close down subreddits and walk away from the site in protest at the management's new policies?

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[–] Steeve@lemmy.ca 1 points 1 year ago

Facebook was "in a death spiral" when their stock hit 80 bucks, it's tripled since and just had their highest DAU. I don't think Reddit is going anywhere any time soon.