this post was submitted on 10 Feb 2026
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This is exactly what I'm talking about.
After the reddit "collapse" of 2024 their market cap was > $6b following their IPO in November 2024. Right now it's $28b.
Yes, reddit is a cesspool and the UX has dropped off a cliff.
I'm sure /u/spez is tarrified that some dweeb on lemmy decided "it's going to catch up with them".