this post was submitted on 28 Mar 2025
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Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)
submitted 4 days ago by Tea@programming.dev to c/technology@lemmy.world
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

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[–] viking@infosec.pub 35 points 4 days ago (1 children)

I left with my 14 year old account after they banned third party apps. Moderating large communities (1M+) with the official app was impossible, and I was moderating 3 of those, plus a bunch of smaller ones. I did Secret Santa 4 or 5 times (move countries frequently for my job, so it wasn't always feasible), and still have the Guinness World records certificate somewhere, plus a lot of free merch from the mod appreciation giveaways back when they weren't a shitcorp. Leaves quite the bad aftertaste.

Pretty sure that by now I'd have been banned as well, I never held back with dark humor and speaking out against evil corpos. In a way I'm glad I left on my own terms before it all went fully to hell.

[–] Cocopanda@futurology.today 16 points 4 days ago (2 children)

I used to mod a million plus sub. How on earth could you do it without 3rd party tools? I am very happy here. It’s nice to be able to talk to real people again.

[–] viking@infosec.pub 3 points 3 days ago

Oh we did use third party tools, and there were 5-8 moderators depending on which sub. I just loved the mod queue on reddit sync to just approve/delete reports on the go. Since I'm in Asia I often got them before my US counterparts, so could clean up the queue early on.

[–] Ledericas@lemm.ee 1 points 3 days ago

Now many of the major subs are concentrated to a less than 100 mods , which controls over 500+ subs.