I hope reddit advertisers can see this. Why would you want to be associated with a site that discriminates against the blind?
they already lost 4.5bn because of this. Their valuation was cut down to 5.5bn from 10bn just the other day
And if I remember correctly that value cut was from before all this happened so it’s probably fixin to drop even more
Here’s hoping. (yeah, I’m an unreasonable, hateful bitch. I despise what they did with the Apollo dev (and others) and I hope it bites them in the arse.)
I wish it lives. May we never forget Aaron’s dream for the platform. May we never forget it. It’s my goal in life to carry on in his and other’s footsteps so we may use what we have made to help others.
I think if he was still around, he’d be all for ActivityPub and stuff like Lemmy/Kbin.
He definitely would have been all about ActivityPub, if not involved with bringing it about. Still amazes me that he was one of the inventors of RSS, arguably a proto-ActivityPub.
https://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/
Valued at 10 billion when fidelity bought an ownership stake in 2021.
Currently they estimate Reddit is worth 5.6 billion
Well done team, I bet the investor calls are going great!
How it started: what if we built a platform where people create and moderate the content, but we just make all the money?
How it’s going:
Only 5.5 billion more to go
Buy shorts? Buy puts?I need some ill advise, where’s wallstreetbets when you need them?
That would be a quad-leveraged short on their IPO you could be wanting. Go big or go back to Wendy’s.
Check sub.rehab
We need an unethical life tips here on how quickly we can bankrupt reddit
That valuation cut was from before the whole shitstorm. We’ve yet to see the impact that this has all had on them, but given the attempts to crush the protests by the reddit admins, when they’ve just sort of ignored this stuff in the past, its likely not good
On one hand, it’s likely exactly what they wanted. They get a vanilla app with vanilla content, perfectly tailored for vanilla investors. The part they forgot is that the beacon of internet culture will never be vanilla.
They basically buzzfeedified themselves
They tumblr’d themselves and they haven’t even 100% gotten to the porn part. I hope all the only fans people on reddit have backups and start jumping ship.
That valuation was inflated as fuck anyways
I mean I have first editions of the original runs from 1997 when they were brand new to the states. In fact, all of my cards are from the original set that was released, I never collected anything past the first 151 set. I’m not saying their valuation was not inflated, but it’s the usual trope of “oh hey, you remember that old nintendo, those old basketball cards, old baseball cards, etc… I got rid of them” trope
Now something that was super inflated, beanie babies and yes, I still have almost all of the old mcdonald’s ones still in bags from when I was a little girl. I don’t care that they aren’t worth monetary value, they are worth something to me sentimentally. Something I collected with my mom.
That’s not them actually losing money, though. They’re a private company, not a public one. Their valuation is just what analysts think that they’re worth—it has nothing to do with how much money they have.
True, but the valuation is for investors and per fucknut, Reddit isn’t making any money, hence the api push to a paid platform.
Also, Reddit is going public soon when they IPO and investors aren’t going to want to invest in a bot ridden, non active community.
I’d say 75%+ used Reddit on their phones and many of them used 3rd party apps.
The point is, Reddit IPOing soon and then this fiasco is the worst thing for them.
Private companies (which is most businesses) are still worth something. If big investors like Fidelity value your business at $1bn, banks will absolutely consider that as collateral for loans and so on. And if they say your business has halved in value, they’ll consider that too.
But valuation is a very real predictive measure on IPOs, and what Reddit is making all these bad decisions in preparation for. They tried to cut a little more pie by dragging third party app users onto their app to try and increase revenue and bump valuation, it’s just that it was so terribly misguided and executed that it had the opposite effect and blew up in their face.
Greedy Pig Boy has said for a long time that Reddit isn’t profitable. That means they’re losing money every year.
It could also be accounting tricks. If they pay themselves a bunch of money, reddit inc. doesn’t make a profit, but the individuals working for it do.
I get advocacy and I think this is a major point in the API changes, but the blind community deserves better than to just be ammo for this fight.
There have been reports of the traffic to their advertising portal dropping by about 20% over the past month
I’m actually surprised that metric would change much, because the users viewing ads aren’t impacted by changes to the API or third party apps. So that’s literally just 20% of people who either stopped using the site in solidarity or couldn’t get to their content because of the protests.
It’s not out of solidarity, advertisers are worried they’ll turn into lightning rods: https://www.adweek.com/social-marketing/ripples-through-reddit-as-advertisers-weather-moderators-strike/
Someone needs to start a “campaign” for naming and shaming companies who advertises on Reddit. “[This company] supports a company that actively discriminates against the disabled. #SayNoToReddit”
I already cancelled my Dashlane, after they did an AMA on Reddit during the blackout. I don’t support companies who cross picket lines.
honestly yes. While I do think “ableism” is sometimes took to a bit of an extreme, in this case it’s good… and serves the good purpose of making Reddit even less money, which is a good purpose in and of itself!
Wow, why am I surprised… They said they were going to keep accessibility for the blind, but it sucks so bad, it’s useless.
Reddit CEO Steve Huffman is discriminating against people with disabilities!
I have not been on reddit for the past 3 days. I try my best to not visit the site when it comes up in search results, I either use web archive or google cached results to find what I’m looking for.
It really is remarkable how fucking awful he is
I wonder if this could be considered a violation of the ADA. They have no alternatives in place for people with disabilities.
Spudz don’t give a fuck
Plebbit: “Oh, look! Our loyal users are disliking our new changes. Hmm… maybe we should screw with em by messing with their (basic and expected) user freedom! That will make em go back to their e-home, that’s for sure!”
Reddit doesn’t care about their users, nor their volunteers. They care about $.
Edit: Like Lichess does, it’d be great to have a badge next to our user if we donate some to this server.
deleted by creator
Abelist fucks over there.
I read the thread and I kind of cringed inside. I understand the moderators of r/blind want to keep the resources & information accessible but they actually tried to negotiate and sort it out with Reddit according to their words and Reddit just didn’t give a fuck about them. What I would’ve done is just nuke the sub and move to Lemmy yet they continue to eat shit from u/spez
I feel for them.
r/Blind is still a valuable resource for many people. No sense denying people access to it. r/Blind mods already created a Lemmy instance which they try to promote for their members. But learning new software can be challenging when you can’t see, especially if the software isn’t very accessible.
That is a fair, I just hate to see the community abused like that and being held hostage by one VC schmuck who doesn’t understand that he’s basically killing his platform.
r/Blind is still a valuable resource for Reddit to exploit many people, especially blind people.
This is following a predictable pattern:
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Person/group reaches out to admins in good faith to discuss changes.
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They don’t hear anything at all.
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Reddit touts them as an example of how they’re working with people.
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The admins get back to them.
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They don’t listen or care about the concerns and aren’t going to change anything.
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they actually tried to negotiate and sort it out with Reddit according to their words and Reddit just didn’t give a fuck about them.
More than that, during his AMA, spez actually said he was actively working with them. Fucking liar!
It’s not like Lemmy has great mod tools.
Rome wasn’t built in a day. We’re seeing in real-time solid apps pop into existence. The one I’m using right now was only released a few weeks ago. Sync is a big one that just released their app today, albeit under a “coming soon” tag.
It’s pretty crazy what’s going on right now.
Does that mean Lemmy is ableist and evil too???
I’ve not looked for myself, but does Lemmy or Kbin have good, accessible tooling? They’re both much more modern so I would expect that it would be a priority, but they’re also much less mature so I wouldn’t be surprised if little in that way has been implemented yet.
The frontend of Lemmy is an inferno app, which is a JS framework like react.
I noticed that command enter didn’t submit comments, so I made both a userscript and then later opened a pull request fixing it. The pull request has already been merged, so should be coming to Lemmy soon.
Back 13 years ago, I built the compact interface to reddit. Now, I’m a much better developer than I was then, but Lemmy front end seems a hell of a lot more organized
they actually tried to negotiate and sort it out with Reddit according to their words and Reddit just didn’t give a fuck about them.
More than that, during his AMA, spez actually said he was actively working with them. Fucking liar!
I mean… we all knew that was just corpo talk. CEOs lie, that’s their profession.
Things are getting worse. Some subreddits like /r/breastfeeding, which were private from the start, are now being forced by Reddit to make their subreddits public. It’s completely stupid. r/breastfeeding NEEDS to stay private to keep creeps and weirdos away.
u/Spez really didn’t take the community seriously with the protests which has lead to this mass exodus. Crazy how they killed their platform so quickly with the writing on the wall in neon bright colors.
“I didn’t realize that the big button labeled self destruct would be a problem if I push it. I just wanted more space for my money printing machine to print more money and the button was in the way!”
Really looking hard at how the intention of building a community to sell it at a profit has turned out for Myspace, Facebook, Twitter, Tumblr and now Reddit. People are burned out from constantly trying to chase the next big app. It’s at the point now where everyone knows playing into corporate social media will only result in its eventual death, so what’s the point in engaging?
I’m curious what the actual traffic differences are today from previous. Is it really a significant exodus, or just a blip in the scheme of things.
Why would someone that was once a mod for Jailbait subs not be a scumbag?
Is this legal in the US?
The US courts are currently split on this. The 9th and 11th circuits hold that a business website must correspond to a physical business to enforce the ADA on them. The 1st Circuit has required fully online businesses to also have ADA accessible websites. There are exponentially more lawsuits on thus issue each year so expect the Supreme Court to address it in the next couple of seasons.
I’m curious how accessible Lemmy is to users who need to use assistive technology, and whether the many 3rd party app developers are making their apps accessible.
The nice thing about open source is that motivated developers can fill out whats needed.
In for-profit companies there’s always some money-making feature that kicks accessibility down the road. The way I get my work colleagues to give a fuck is to remind them that most blind people aren’t born that way, some circumstance causes the blindness - and therefore any one of them could end up on the other side of the fence begging for basic access one day, so act accordingly now.
It’s kind of terrible that you have to argue like that. I mean shouldn’t the very fact that you can be born blind be a great argument for accessibility?
After all, any of them could have drawn that number in the birth lottery.
Actually, open-source software can be great for accessibility and I’ve been testing Lemmy with a screen reader.
Overall Lemmy is pretty close right now once a few roadblocks are removed. The audio captcha was broken, I helped fix that in the code just a couple of days ago but it hasn’t been released yet (at least not in lemmy.world).
After that I mostly see more subtle issues, not complete deal breakers. I haven’t started looking at moderator features, though.
I’m not sure about the current offerings, but I think former Reddit apps transitioning to Lemmy (such as Sync) should retain any accessibility compatibility/features they had.
Don’t link to reddit, use teddit 😄
As someone with partial blindness, this is very pathetic of u/spez!
I never moderated a sub, but I am legally blind. Apollo had fantastic accessibility options while the official offering is garbage and makes using Reddit not only less enjoyable, but down right uncomfortable for some of us.
When the announcement came that Apollo was shutting down, I uninstalled and wiped my Reddit account. It’s been over a month now.
My only issue is I haven’t found an iOS app for kbin yet. So I’m basically just using the web version on PC.
There is a list of all the Lemmy apps here: https://lemmy.world/post/465785
It shows the current ones, announced apps, apps in development, etc. Across all platforms. Lots of devs have moved here from reddit, including Sync, Boost and Slide.
From what I’ve read from other users Wefwef is supposed to be very similar to Apollo, so you could try that one.
I hope you find what you’re looking for!
Amazing! I appreciate that. Thank you.
enshittification