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Fidelity has cut Reddit valuation to $5.5B from $10B
(techcrunch.com)
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this post was submitted on 30 Jun 2023
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Reddit Migration
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Recent data breach, and users being unhappy with the username rollout.
It also just generally feels bloated nowadays... I just want to chat
Agree, personally. Nitro ads are getting more intrusive too. I understand they have to monetize somehow, but I wish it were handled based on server population rather than blanket spread to all clients. I don’t participate in any huge servers because notification suppression sucks in Discord. The servers I do use are mostly sub 50 users, and as such don’t consume anywhere near as many resources as some of these mega servers out there.
for real! I have a lower tier of nitro but the phrasing around all the higher-tier stuff says "try nitro :)" as if they don't already have their pound of flesh.