this post was submitted on 31 Mar 2025
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Summary

Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.

Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.

Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.

Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.

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[–] Mrkawfee@lemmy.world 4 points 2 hours ago

Good, fuck Reddit

[–] SirFasy@lemmy.world 3 points 1 hour ago

Good, Reddit treats its users like preschoolers. If you say something even slightly against their rules, they ban you.

[–] x3x3@lemm.ee 10 points 6 hours ago

Good riddance

[–] El_Azulito@lemmy.world 15 points 8 hours ago (6 children)

I still have no idea why I got permanently banned. The interestingasfuck subreddit said I had multiple violations across accounts—something vague about participating in the Trump subreddit. Apparently, if you so much as post in that subreddit—whether you’re agreeing with them or talking shit to the MAGAts—then go back to interestingasfuck or any other sub with the same rules, they’ll permaban your account. And not just that one—they’ll ban any new accounts you try to make too. So honestly… I guess I DO know why I was banned, but compared to the vitriol I’ve seen on there, mine was not warranted. I’ve even appealed. Fucking hate Reddit now. Cowards.

[–] Necroscope0@lemm.ee 6 points 6 hours ago (1 children)

Apparently all you have to do to get banned from Reddit these days is to hope Musk's penis implant explodes and burns him to death from the dick up. Worked for me!

[–] TangledHyphae@lemmy.world 3 points 4 hours ago

Yep, someone in another sub once said "I hope your plant dies" and their whole account was permbanned for "inciting violence". Against a plant. Hysterical. That site is cooked.

[–] ByteOnBikes@slrpnk.net 7 points 7 hours ago (1 children)

You were banned because you were obviously a person.

Have you seen the comments lately? Most of it looks like AI bots are replying to AI, upvoted by other AI bots.

[–] TangledHyphae@lemmy.world 1 points 3 hours ago

You got me really curious so I prompted ChatGPT to give me a redditor style comment that's anti-Trump followed by another far-left redditor's reply to it and this is what it gave me:

Original Comment (Left-Leaning Anti-Trump Perspective):

"It's honestly mind-blowing how Trump still has a cult following after everything. The man was impeached twice, incited an insurrection, and openly grifts his supporters with fake fundraising schemes. And yet, somehow, people still think he's their 'savior.' The cognitive dissonance is off the charts."

Far-Left Redditor Response:

"Because the system is fundamentally broken. Liberals act like voting blue is enough when the entire establishment—from corporate Dems to the GOP—is complicit in maintaining capitalism's stranglehold. Trump is just a symptom of the rot. The real solution isn’t 'vote harder'; it’s dismantling the system that enabled him in the first place."

^ -- this seems to be disturbingly accurate, I can only imagine this being produced at automated scale at this point.

[–] turnip@lemm.ee 4 points 6 hours ago* (last edited 6 hours ago)

Its a really weird place during elections, they've basically banned anyone with the opposing view on enough issues that its a full blown echo chamber. People then go crazy during elections trying to get their guy to win and the echo chamber grows exponentially.

[–] Montreal_Metro@lemmy.ca 3 points 7 hours ago

I don’t care about being banned and I never read replies or check my inbox because it’s the internet and I don’t care.

[–] Rin@lemm.ee 3 points 8 hours ago

Same with offmychest. Banning people like that is also against reddit tos but reddit couldn't give less of a shit.

[–] barneypiccolo@lemm.ee 27 points 10 hours ago* (last edited 10 hours ago) (1 children)

After the Inauguration, they had a bloodbath in February, permabanning many long-term, high karma accounts like mine (12yrs, 900K+).

These were the members who built Reddit into what it was, and after over a decade of high volume posting without getting banned, suddenly all of us made comments that earned permanent bans in the same month. Yeah, that's plausible.

Now that they've ejected many if the members that made Reddit a lively place to debate, they're stuck with novelty accounts, puns, bots, Russian Karma Farmers, shitposters, trolls, and general bullshit. I just went over to read some subs I love, and literally the first post I read was complaining about how long they had to scroll to get past the stupid puns to get to the real discussion.

Its been getting increasingly bad for a long time, but apparently it's gotten far worse lately, now that they decided to get rid of the red meat and go vegan.

I like Lemmy, but they don't have anything close to the active guitar forums that Reddit had.

[–] El_Azulito@lemmy.world 8 points 8 hours ago

Can confirm—I was a member since 2010. Got banned for logically going after MAGATs. Apparently, that’s not allowed anymore. What’s happening to this country—that people don’t even seem to have the cognitive capacity or basic mental equipment to recognize the freedoms being stripped from them in real time—is beyond disillusioning. It’s disappointing, devastating, and honestly hard to watch. And seeing younger generations, raised on flashing lights and internet brainrot, now stepping into adulthood? Oof.

[–] Ironfist79@lemmy.world 29 points 12 hours ago (2 children)
[–] ameancow@lemmy.world 13 points 12 hours ago (1 children)
[–] Ironfist79@lemmy.world 7 points 9 hours ago

I got banned and figured it was a good time to kick the habit any way.

[–] Kurtagag@lemmy.ca 1 points 12 hours ago

Then they'll all come here

[–] pyre@lemmy.world 14 points 18 hours ago
[–] Fingolfinz@lemmy.world 45 points 1 day ago (4 children)

Spez can suck a taint. I was on there forever and immediately bounced once that bullshit banning stuff started happening. Should have left sooner but that was the final straw

[–] barneypiccolo@lemm.ee 12 points 9 hours ago

Who could have foreseen that banning all the highly active, long-term accounts in the same month would have a negative effect? Now they can live with all their bots, puns, Russian Karma Farmers, novelty accounts, and trolls.

[–] Ledericas@lemm.ee 7 points 1 day ago (1 children)

He was pretty much on musks taint

[–] Fingolfinz@lemmy.world 10 points 15 hours ago

For real, they probably go bang kids together

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[–] Skellysgirl@lemm.ee 16 points 1 day ago (1 children)

Been and deleted every post and comment manually. Do I need to do anything else?

[–] aaron@infosec.pub 7 points 1 day ago* (last edited 16 hours ago) (2 children)
[–] Ledericas@lemm.ee 10 points 1 day ago

Spez and csuites dumped their stocks months ago, probably squeezing the last ounce before they turn it into a Facebook clone, where FB is using AI of resurrected accounts to push right wing agendas

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[–] ShittDickk@lemmy.world 38 points 1 day ago (4 children)

Maybe if they didn't ban their (majority) liberal users for having "opinions" on the current government, after nonstop rhetoric from conservatives.

[–] Goblino@lemmy.studio 8 points 16 hours ago (1 children)

I used to get banned all the time from liberal users too. Especially, when the whole Bernie Bro thing was happening. r/politics was the fucking worst.

[–] Dead_or_Alive@lemmy.world 4 points 12 hours ago (1 children)

Are you me? Because I got banned from every group at one point or anotherc… r/guns, r/europe, r/politics, etc. etc.

Ironically what got my account permanently banned was a comment advocating for disabled access to buildings in r/Europe of all my comments I didn’t expect that one to get me banned…

After that I scrambled all my comments on my 10+ year old account into AI generated gibberish to poison the well and moved to Lemmy. Now I just use Reddit for porn searches.

[–] Goblino@lemmy.studio 1 points 10 hours ago

I didn't think I was you, until you mentioned just using Reddit for porn searches... Ya never know! I made a joke about guillotines, bitched about how the Dems helped let this mess happen, etc. If the stakes were so fucking high, then why did they try to Weekend at Bernies "my friend Joe" over the finish line until his brain turned to mush on live tv?

[–] Ledericas@lemm.ee 12 points 1 day ago* (last edited 1 day ago)

banning people for also calling out right wingers and trolls, worst is banning people for misconstrued statements, and also reporting people,g ets you banned.

like one time '18 a person asked why people were calling MICHELLE obama a certain way, i said the conservatives called her a gorilla, with gorilla arms, insta-banned.

they allowed astroturfing on reddit, which makes worst because they are tryint to "look fair" but refuse to do anything about the right wingers control certain subs.

actual POLICE(former and active) individuals control the legal and videos related subs.

[–] rice@lemmy.org 12 points 1 day ago (2 children)

ahhh is that why so many people are here now? I've been watching development and browsing but it was pretty dead for years until the last year or so lol

[–] Ledericas@lemm.ee 12 points 1 day ago (1 children)

Half of reddit comments are all bots , and many posts are AI generated

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[–] satans_methpipe@lemmy.world 22 points 1 day ago (1 children)
[–] Rin@lemm.ee 1 points 8 hours ago

When i said fuck spez, that's exactly what i had in mind

[–] Lucky_777@lemmy.world 26 points 1 day ago (2 children)

Found a picture of avg Lemmy user blasting their Reddit accounts away.

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[–] selokichtli@lemmy.ml 31 points 1 day ago

/r/wholesomenews

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