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Reddit seeks to launch IPO in March
(www.reuters.com)
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this post was submitted on 18 Jan 2024
453 points (96.1% liked)
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Hope we see some more migration. Lemmy is miniscule in comparison, with 60,000 active users by last count across all instances.
Heck, even /r/mildyinteresting has 220,000 users and that isn't even the main subreddit, it's a misspelled version of /r/mildlyinteresting.
/r/videos used to be a default and supposedly has millions of subscribers, but when I was still on reddit you'd regularly see content with 100 upvotes reach the top of the subreddit and maybe 10 comments. Often this was on bot reposts.
Their numbers should be take with a huge grain of salt.
And the real strength of Reddit isn't the huge subreddits anyway, they are mostly just trash. It's all the niche communities, most of them haven't moved away, or if they have, they moved to Discord.
I think it's fine. Lemmy was actually nicer with less users. Now it grew a bit and all the trolls also came along. If it becomes huge, it will probably lose most of its charm.
Bigger is actually not better sometimes I think.
I'm happy right now with it. But sure, mostly memes and Linux stuff which I like, so...
Also Reddit has been around for over a decade and lemmy has existed for about 4 years. It's hard to compare the two in that regard.