Reddit delivered strong earnings, but the numbers beneath the surface tell a different story. Slowing logged-in user growth and AI-powered search could threaten the platform's long-term value.
On paper, logged-out users look like a bright spot after growing 27%. In reality, they’re much less valuable. Logged-in users create posts, comment, subscribe to communities, and develop habits that advertisers value. Logged-out visitors often arrive through search, consume a single page, and leave.
Yeah, what did we fucking say. I had some millions of karma on reddit. Then they shut down my app, and I up and left. A good chunk of other members of posters and commenters left as well. They shrugged us off. We’re only a few percent.
Except for the 90-9-1 rule. Of a user base on average 90% will lurk/vote only, 9% will comment, and 1% will post. So it doesn’t matter if it’s a small percentage of your total users, if it’s a good chunk of the people who post and comment you’re fucking yourself.
Just checked and I have crossed over 1000 posts here and have tens of thousands of comments. All unmonitized, all useless to reddit. Enjoy your AI comments, reddit.
The problem that the current Reddit leadership had was that they didn’t want to share power with the stakeholders it had previously relied on to generate growth. Reddit was getting free content, moderation, and even some dev resources. There was a path in which Reddit could have maintained its ecosystem while still being profitable, but spez chose to be like every other social network.
Yeah, what did we fucking say. I had some millions of karma on reddit. Then they shut down my app, and I up and left. A good chunk of other members of posters and commenters left as well. They shrugged us off. We’re only a few percent.
Except for the 90-9-1 rule. Of a user base on average 90% will lurk/vote only, 9% will comment, and 1% will post. So it doesn’t matter if it’s a small percentage of your total users, if it’s a good chunk of the people who post and comment you’re fucking yourself.
Just checked and I have crossed over 1000 posts here and have tens of thousands of comments. All unmonitized, all useless to reddit. Enjoy your AI comments, reddit.
The problem that the current Reddit leadership had was that they didn’t want to share power with the stakeholders it had previously relied on to generate growth. Reddit was getting free content, moderation, and even some dev resources. There was a path in which Reddit could have maintained its ecosystem while still being profitable, but spez chose to be like every other social network.